Nathaniel Chastain, the former Head of Product at OpenSea, the world’s biggest Non-Fungible Token (NFT) trading platform has been indicted with insider trading charges. The arraignment was done by the duo of Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, Assistant Director-in-Charge of the New York […]
The largest NFT marketplace in the world, OpenSea has introduced a Web3 marketplace protocol, Seaport, for “safely and efficiently buying and selling NFTs.” OpenSea prioritizes user safety As per Friday’s announcement by OpenSea, Seaport aims to enable users with the option to obtain NFTs by offering assets other than just payment tokens such as Ethereum. It added: […]
Singapore, Singapore / April 25 / – H.E. Justin Sun, Founder of TRON, hosted the mainnet APENFT Marketplace launch livestream event on Friday, April 15. The Game Changer-themed event was broadcast in real-time on YouTube, DLive, and Cryptovoxels TRON HQ, marking TRON’s first livestream in the metaverse. During the livestream, APENFT Marketplace gave away $10,000 […]
There’s been a lot of excitement surrounding MetaBlaze’s upcoming launch of MetaGoblin NFTs. Owners of Axies, NFTs from the popular Axie Infinity game, have been quick to show their support for MetaBlaze’s MetaGoblin NFT collection. The collection is set to go on presale in early May and people are already eager to get their hands […]
Magic Eden is a Solana blockchain-based NFT marketplace that has raised $27 million in a new Series A funding round. It is important to note that this is one of the most promising NFT marketplaces that aims to give OpenSea a run for its money. The goal of the new funding round was to raise […]
The biggest NFT marketplace, OpenSea, is purportedly banning Iranian users from its platform, causing uproar among NFT collectors and reinvigorating debate about decentralization in the crypto sector. Iranian OpenSea users began complaining on Twitter on Thursday morning that their accounts were being deactivated or deleted out of the blue, without any warning. In a tweet […]
Within hours of announcing a week-long scheduled upgrade to permanently remove inactive NFTs on the platform, major non fungible token (NFT) marketplace OpenSea has apparently fallen victim to a continuing phishing attack. OpenSea released a smart contract upgrade only yesterday, requiring users to convert their posted NFTs from the Ethereum (ETH) blockchain to a new […]
A 22-year-old Indonesian computer science student named Sultan Gustaf Al Ghozali has converted and sold approximately 1,000 selfie photos as NFTs, making millions of dollars on the OpenSea NFT marketplace. Ghozali claims he took pictures of himself for five years, from the ages of 18 to 22, as a means to reflect on his graduation journey. Ghozali […]
Following the formal debut of NFT marketplace LooksRare on January 10, the daily volume on the platform has already surpassed $394 million. To attract this consumer base, it also charged only 2% fees on basic sales and zero fees on private sales, as opposed to the competition OpenSea, which charged 2.5% fees on every trade. […]
It is becoming increasingly evident that the non-fungible token (NFT) market is the next frontier in the fields of collectibles, gaming, and the metaverse. For the purpose of accelerating this vision, OpenSea announced on Tuesday that it has raised $300 million in Series C funding led by Coatue and Paradigm. OpenSea is a Wyvern Protocol-based digital market […]
The highly trending and debut NFT from Adidas Originals’ “Into the Metaverse” project has generated 11,391 Ether (ETH) worth more than $43 million in its first weekend on the OpeanSea marketplace. After RTFKT’s Clone X and Takashi Murakami’s collection, the Adidas NFT collection has gracefully secured the second spot on OpeanSea based on the trading […]
Sequel to earlier reports that the newly appointed OpenSea CFO might be planning an Initial Public Offering (IPO) for the company, some OpenSea users have expressed their displeasure about the news. Matter of fact, many were hoping that an OpenSea token airdrop might be in the offing, which is not an unusual method that crypto […]
The year 2021 has propounded many trends in the digital currency ecosystem with Non-Fungible Tokens (NFTs) coming off as the most hyped. From retail investors to corporate outfits, the interest in the NFT metaverse peaked in the year-to-date period as many are being exposed to the massive opportunities inherent in this blockchain use case. According […]
Cryptocurrency exchange, Coinbase Global Inc. has unveiled plans to create its NFT marketplace, Coinbase NFT, by the end of the year. The company announced this via a blog post on Tuesday. It stated that its peer-to-peer marketplace will allow users to mint, discover, collect and trade collectibles. According to the Vice president of Products, Sanchan […]
No doubts, non-fungible tokens (NFTs) are the happening things right now, especially taking the world by storm in 2021. However, 3 major NFT projects have caught the eye of many, having seen their sales go into the billions. According to recent statistics, Opensea, Cryptopunks, and Axie Infinity have made over $10 billion in combined sales. […]
NFTs have become one of the hottest crypto trends of 2021, with overall sales up 55% already since 2020, from $250 million to $389 million. Here’s how you can create, purchase and sell these popular digitals assets. Non-fungible tokens (NFTs), which are unique collectible crypto assets, have been around as early as 2012 when the […]
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