The firm unveiled its plan to add support for Klaytn and other EVM-compatible chains. Moving Polygon to Seaport is a core component of its strategy. OpenSea, the largest NFT marketplace, has just announced that the layer two scaling solution Polygon is now part of their implementation of the Seaport protocol.
Chastain faces a maximum of 20 years in jail for each of the allegations. According to the DOJ, Chastain’s case was the first known instance. Attorneys for Nate Chastain, formerly of OpenSea and now terminated from the NFT marketplace on grounds of insider trading, have filed a request to have
The marketplace has published a more in-depth look into its copymint policy. The policy has defined what qualifies as a copymint and what does not. OpenSea has recently revealed via a blog post that it is dedicated to maintaining its position as a leader in bolstering the NFT ecosystem’s credibility
Zoonies is an alien-themed NFT collection existing on Solana. Even after a day, this Solana NFT has not attained the “sold out” phase. OpenSea has brought out a new launchpad capability for creating new Solana NFT projects in an apparent effort to match Magic Eden’s feature set. The major NFT
The problem has been resolved since infringing ENS domain names were removed. OpenSea recently stated that it would lay off 20% of its personnel. Trademark objections from the Recording Industry Association of America (RIAA) have prompted NFT marketplace OpenSea to remove numerous tokens from its database. OpenSea has had a
Finzer is certain that the NFT industry will continue to improve. June saw a 73% drop in the amount of Ethereum NFT trading on the market. OpenSea, the leading NFT marketplace, has laid off almost 20% of its staff. According to CEO Devin Finzer, who announced the news through Twitter
CryptoPunk 4464 sold for $2,615,224.91. Ethereum traded at $1,060.29 with a trading volume of $13,097,548,474. CryptoPunk 4464 NFT, was recently sold for 2,500 ETH via OpenSea, the first and largest web3 marketplace for NFTs and crypto gems in the world. CryptoPunks is a generative art collection and the first NFT-based digital
In may the Open sea discarded the channels which promote the fraudulent Items marked as stolen by OpenSea can frequently be seen sold on LooksRare Open Sea, the largest marketplace for buying and selling Non Fungible Tokens (NFTs), has been blacklisted for its major collections, which are valued at over
Sales of non-fungible tokens (NFTs) have fallen to a 12-month low due to the crypto market’s massacre, according to crypto analytics company Chainalysis. Sales of NFTs in June were the weakest since June 2021, when they were $648 million. In January of this year, NFT sales set an all-time high
The OpenSea Co-Founder Alex Atallah wrote a mirror piece announcing his departure from the firm on July 30. OpenSea’s Atallah says he’s happy with the progress and would want to start “building something from zero to one” again. OpenSea’s Board of Directors will retain Atallah’s position. Kevin Pawlak will continue
