OpenSea

In this week’s newsletter, read about the creator of a Mutant Ape Yacht Club (MAYC) knock-off pleading guilty to fraud charges, check out how OpenSea’s non-fungible token (NFT) users received a massive phishing email campaign, and how Bitcoin transaction fees flipped Ethereum network fees as the ...

Users of the major nonfungible token (NFT) marketplace OpenSea have said they are being targeted with a new email phishing attack, and have received emails containing malicious links from attackers posing as the marketplace itself.According to social media reports, OpenSea users and develo ...

In this week’s newsletter, we dive into the dynamic world of nonfungible tokens (NFTs) and their impact on the digital landscape, as NFT sales have skyrocketed to an impressive $129 million in November, according to data from Nansen. Despite the surge in sales, OpenSea has laid off a substantial ...

United States tech investment firm Coatue Management has marked down the value of its stake in non-fungible token (NFT) platform OpenSea by 90%. On Nov. 7, The Information reported on a document it reviewed showing Coatue reduced its investment from $120 million to $13 million — ...

The Simpsons roasts NFTs in new Halloween episodeAnimated television series The Simpsons spent an entire segment mocking nonfungible tokens (NFTs) during the latest 34th annual Treehouse of Horror Halloween special, in a segment called “Wild Barts Can’t Be Token.” ...

Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing the need to reallocate its resources.The firm’s founder and CEO Emin Gün Sirer confirmed the news on Nov. 7 after several former Ava Labs emp ...

Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying the company was launching OpenSea 2.0 with a smaller team.OpenSea launched in 2017, when NFTs were an innovation. ...

Web3 theft hit a low point for the year so far in October, CertiK reported. Losses to hacks, exploits and scams confirmed by the blockchain security firm amounted to $32.2 million for the month across 38 incidents, with no single incident leading to a loss of over $7 million.Compared to th ...

Nonfungible token (NFT) artist Ryder Ripps’ most recent attempt to dismiss the Bored Ape Yacht Club-related lawsuit against him appears to have fallen on skeptical ears.In an Oct. 17 hearing, three judges from the United States Court of Appeals for the Ninth District appeared largely unper ...

A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland Foundation executive director ...

OpenSea, a well-known non-fungible token (NFT) platform, has responded to recent accusations on social media regarding the involvement of a former employee in the AnubisDAO rug pull incident of 2021. The accusations, made by an anonymous account called NFT Ethics, suggested that Kevin Pawlak, a form ...

The advent of nonfungible token (NFT) marketplaces has transformed the digital asset landscape, providing artists with a revolutionary platform to connect directly with their audience. At the forefront of this transformation stands OpenSea, a pioneering NFT marketplace that has redefined our interac ...

The rise of nonfungible token (NFT) marketplaces has ushered in a new era, fundamentally reshaping the way we perceive and interact with digital assets. They provide a new medium for artists to showcase their creations and establish a direct and meaningful connection with their audience. OpenSea ...

A former manager at nonfungible token (NFT) marketplace OpenSea sentenced to three months in prison for insider trading has opted to serve the sentence while his appeal is pending.On Sept. 6, Nathaniel Chastain’s lawyers filed a letter with a New York District Court informing the judge tha ...

​​Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.In this week’s newslette ...

The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United States President as part of his criminal case in the state of Georgia for allegedly attempting to subvert the will of voters in the 2020 election. According to data from N ...

Crypto Rank, a crypto market insights and analytics platform, shared on August 24 the top 10 NFT marketplaces based on 30 days of active traders. On top of the list stands OpenSea, with a high number of 229,000 30-day traders, followed by Axie Marketplace and Blur. ...

A federal judge has sentenced former OpenSea product manager Nathaniel Chastain to three months in prison for wire fraud and money laundering related to insider trading on the platform. In an Aug. 22 announcement from the United States Department of Justice, U.S. Attorney Damian Williams said ...

Bored Ape Yacht Club (BAYC) creators Yuga Labs is set to wind down support for OpenSea following the platform’s upcoming removal of its on-chain royalty enforcement tool Operator Filter. The Operator Filter was launched in November 2022, essentially enabling creators to restrict secondary nonfung ...

NFT trader's $1.5M bot chess moveYouTuber and nonfungible token (NFT) trader Hanwe Chang said he scored 800 Ether (ETH), around $1.5 million, by tricking a rival trader’s bot into buying his own inflated NFTs.In an Aug. 5 X (Twitter) post, Chang said he noticed a bot was ...

Italian fashion and accessories house Prada has announced its 42nd NFT Timecapsule collection, due out June 1 at OpenSea. The announcement of the fashion house's upcoming event says the collection will feature summer shirts with unique floral blue and white patterns - fro ...

Former product manager for OpenSea's NFT platform, Nathaniel Chastain, has been found guilty of fraud and unlawful gain by using insider information. The indictment against Nathaniel Chastain, announced last June, was the first in a series of high-profile cases involving in ...

It's about 74-year-old Bernard Arnault He became the world's richest man in 2020 according to Forbes Arnault Sr. has a page on OpenSea and owns several tokens His sons are actively promoting NFT French entrepreneur and billionaire Bernard ...

Following the announcement of the indictment against the former President of the United States, non-fungible tokens (NFTs) from the Donald Trump Collection have seen a surge in demand. CryptoSlam, an analytical platform, reported that the popularity of his personal NFT collection, Collect Trump C ...

OpenSea has recently acknowledged losing users to rival NFT trading platforms and has decided to take action. Starting February 18, the platform will temporarily waive the 2.5% sales commission in an attempt to retain its existing user base and attract new customers. However, according to Nansen, an ...