OpenSea Open to Acquisition Possibilities
OpenSea navigates market turbulence, strategizing through acquisitions and broadening NFT applications, despite a significant decline in trading volume and market share.

OpenSea navigates market turbulence, strategizing through acquisitions and broadening NFT applications, despite a significant decline in trading volume and market share.
Discovered on November 21, these vulnerabilities pose a risk to numerous smart contracts in the Web3 ecosystem, including some of Thirdweb's own pre-built smart contracts.
Thirdweb identifies a security flaw in Web3 smart contracts, urging immediate action for contracts created before November 23. Mitigation steps include locking contracts, taking snapshots, and migrating to secure alternatives. Token holders in pools should withdraw tokens, and contract builders must request users to revoke approvals. Thirdweb has remedied affected contracts created post-November 23, with other services operating unaffected.
This is the latest in a line of initiatives that OpenSea has announced this year, amid fierce competition with its rival BLUR
If audio NFTs are "up next," you can count OpenSea and Warner Music Group (WMG) as two parties that are going to be aggressively present on the frontlines.
Leading NFT marketplace OpenSea has announced it will add the layer-2 Ethereum scaling solution Arbitrum.
OpenSea estimates that users can save 35% in gas costs by optimizing transaction efficiency.
The firm estimated that users can save 35% on gas fees with newly optimized transaction efficiency.
OpenSea froze approximately $2.2 million worth of stolen assets yesterday after gallery owner Todd Kramer’s precious NFT collection was stolen from his hot wallet.