OpenSea

Over 7 million OpenSea user emails have been fully exposed after a data leak from the marketplace’s automation vendor in mid-2022, giving scammers new opportunities for phishing. Is your email at risk?

OpenSea's Cayman Islands foundation has fuelled speculation of a token launch, with the NFT community hoping for an airdrop to reward early users. This comes amidst declining trading volumes and rising competition.

OpenSea, a large NFT exchange, confirmed that it had received a Wells notice from the U.S. Securities and Exchange Commission, causing the BLUR and TNSR tokens to plunge in unison.

The SEC issued a Wells notice to OpenSea, claiming certain NFTs on its platform may qualify as securities, marking a significant regulatory shift towards the NFT sector. OpenSea’s CEO, Devin Finzer, responded by defending the creative freedom of artists and announcing a $5 million legal fund to support NFT creators.

The team has refuted allegations of generating excessive false positives, asserting instead that its efficacy was so pronounced that it led to the cessation of a crypto drainer due to sheer frustration.

This NFT marketplace promises a curated selection of gaming NFTs from trusted partners, initially offering fee-free transactions on NFT sales and committing to honor royalties set by collection creators for a limited period.

The French developer behind the Mutant Ape Planet NFT collection faces a prison sentence of up to five years subsequent to entering a guilty plea on charges related to wire fraud.

In a significant blow to OpenSea, a colossal wave of devaluation has hit the NFT marketplace. Coatue Management, a prominent player in asset management, has sent shockwaves through the market by slashing OpenSea's valuation by a drastic 90%.

Blur's token had already been on a price surge, climbing from $0.15 to $0.27 over about three weeks, marking an 80% gain. However, things took an interesting turn when rival marketplace OpenSea announced a 50% reduction in its workforce. The news gave Blur's token an additional boost, increasing by 30%.