Opensea Financial News

05.06 / 11:25

NFT Non-fungible tokens Opensea OpenSea Executive Says “More Retail Deals” Entering The NFT Space

Non-fungible token (NFT) sales were down last month, yet the NFT sector continues to thrive according to Kelly DiGregorio, Vice President of Business Development at OpenSea.

26.02 / 21:59

NFT Opensea OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers

OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters.

29.01 / 00:54

markets NFT Platform Trade Opensea Bitcoin open NFT Giant OpenSea Keeps Options Open for Potential Acquisition

The collapse of the non-fungible token (NFT) market last year dealt a blow to OpenSea, raising questions about its once staggering $13.3 billion valuation.

15.01 / 12:43

NFT Web3 Opensea Top NFT News Today – 15 January, 2024

Non-fungible token (NFT) global sales have seen a lot of green over the past month. The day’s picture has turned red, though.

22.11 / 20:51

NFT Gaming Fraud Opensea Bitcoin Blockchain Game MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter

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 hype for Ordinals resurfaced. In other news, game distributor G2A has launched a gaming-focused NFT marketplace.

15.11 / 12:12

NFT hacks phishing email Opensea OpenSea NFT users report massive email phishing campaign

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.

08.11 / 20:37

NFT data Opensea Bitcoin elon NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter

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 amount of staff as it prepares to launch version 2.0 of its platform, and Elon Musk unintentionally made a case for Bitcoin Ordinals. Meanwhile, an OpenSea investor has taken a 90% markdown on their stake in the platform, and don’t forget this week’s Nifty News featuring The Simpsons roasting NFTs.

08.11 / 06:17

business NFT Investments Funding Opensea stake OpenSea investor marks down stake in platform by 90%: Report

United States tech investment firm Coatue Management has marked down the value of its stake in non-fungible token (NFT) platform OpenSea by 90%.

07.11 / 06:43

business Adoption NFT Opensea Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more

Animated 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.”

07.11 / 04:11

business Blockchain Altcoin marketing avalanche Job Opensea Ava Labs Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion

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.

06.11 / 10:25

NFT non-fungible token Opensea layoffs NFT Marketplace OpenSea to Reduce Workforce as it is Planning “Big Changes”

Leading non-fungible token (NFT) marketplace OpenSea, unveiled plans to lay off half its workforce, amid the company’s major restructuring plans.

03.11 / 21:59

NFT Crypto Collectibles Opensea Minting OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch

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.

31.10 / 17:27

Blockchain hacks security crimes Cybercrime Decentralization Opensea October sees a comparative lull in crypto crime with losses of $32.2M: CertiK

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.

17.10 / 05:21

business Law NFT regulation Court Opensea NOT ‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal

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.

10.10 / 10:29

business Blockchain NFT Cointelegraph NFT Opensea Tornado Cash Mistake or money laundering? User pays $1.6 million for CrypToadz NFT

One of the CrypToadz nonfungible tokens (NFTs), whose average price doesn’t exceed $1,000, was bought for an astonishing 1,055 Wrapped Ethereum (wETH), an equivalent of $1.6 million.

09.10 / 17:33

Opensea Former OpenSea Executive Entangled in AnubisDAO Rug Pull Allegations

Kevin Pawlak, the former head of ventures at NFT marketplace OpenSea, is facing accusations connected to the AnubisDAO rug pull incident that occurred in 2021. The allegations came to light in an October 6 X (formerly Twitter) thread posted by an anonymous account called NFT Ethics.

09.10 / 06:27

Blockchain Altcoin Scams Fraud DAO Opensea memecoin OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull

Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media.

04.10 / 06:31

Blockchain Ethereum Provident NFT Platform Interface Opensea OpenSea Unveils OpenSea Studio to Help Creators Easily Launch NFT Projects

Major NFT marketplace OpenSea has introduced OpenSea Studio, a comprehensive platform designed to assist creators in launching and managing their NFT projects.

08.09 / 09:39

NFT Decentralization Marketplace Opensea How To What is OpenSea and how to use it?

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 has taken center stage in this revolution.

07.09 / 07:19

NFT Opensea insider trading Time Convicted Ex-OpenSea Manager Chooses to Serve Jail Time Amid Pending Appeal

Nathaniel Chastain, a former manager at the non-fungible token (NFT) marketplace OpenSea, has made the decision to serve his three-month prison sentence for insider trading while his appeal is still pending.

24.08 / 02:47

NFT Trading Marketplace Opensea Royalties NFT marketplace Rarible sees uptick after commitment to royalties

Nonfungible token (NFT) marketplace Rarible has seen a substantial uptick in trading volume over 24 hours following a public statement in support of maintaining NFT creator royalties.

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