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Decentralization Debate Heats Up Again as MetaMask, OpenSea Block Users
4.3.2022
The crypto community has once again been thrown into a debate about the urgent need for more decentralization after both the non-fungible token (NFT) marketplace OpenSea and Ethereum (ETH) wallet MetaMask recently blocked users based on their geographic location....
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OpenSea updates banned countries list sparking decentralization debate
4.3.2022
The world’s largest NFT marketplace has confirmed that it blocks users based on the U.S. sanctions list
Leaked Images Suggest Opensea Plans to Add Solana-Based NFT Support
3.3.2022
Leaked images that allegedly derive from the leading non-fungible token (NFT) marketplace Opensea indicate that the platform may soon introduce Solana-based NFTs. The images were discovered by the tech blogger Jane Manchun Wong who is well known for leaking information about yet-to-launch features...
OpenSea Bars Iranian Users as US Sanctions Talk Ramps Up
3.3.2022
OpenSea users with Iran-based IP addresses are claiming their accounts were terminated on Thursday, in what is developing into a larger discussion about international sanctions and popular Web 3 platforms
Ledger CTO warns crypto users about the dangers of 'blind signing'
3.3.2022
“Don’t trust, verify,” says Charles Guillemet, the CTO of hardware wallet firm Ledger
Monthly NFT buyers dip below 800K as searches ‘fall off a cliff’
3.3.2022
There were 796,009 NFT buyers on secondary markets in Feb, accounting for roughly $2.6 billion worth of sales. The figures mark significant declines compared to the record month before
Japanese Online Retail Giant Rakuten Launches NFT Marketplace
28.2.2022
Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling...
Adult Film Star Lana Rhoades Deletes Twitter Account After NFT Project Was Criticized
26.2.2022
Adult film star Lana Rhoades is being criticized for her non-fungible token (NFT) project called “Cryptosis,” after $1.5 million of ethereum from the mint was withdrawn from the project’s wallet. The crypto withdrawal took place after Rhoades told her fans that the NFTs would...
Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion
26.2.2022
Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been...
OpenSea disables features temporarily as contract migration completes
25.2.2022
Bids and purchases are made unavailable to ensure that listings are protected until the migration completes
NFT projects thrive even as OpenSea trading volumes take a hit
24.2.2022
Monthly volumes on OpenSea have declined in comparison with January’s record-breaking start, but select NFT collections are still seeing their floor prices soar
Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine
24.2.2022
The floor price of Lana Rhoades NFT project has dropped 96.1% while a 24/7 Solana NFT vending machine was officially launched in New York this week
OpenSea’s Stolen NFTs Tracked Down by Mintable
24.2.2022
Although the current developments in the DeFi sector are marvellous, they also lead to more ways of cyber attacks than we could have imagined. The underlying optimism behind decentralisation has also made it easy for some foul-minded parasites to attack and exploit the work of others. OpenSea is...
Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
23.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
Mintable pledges to return NFTs stolen in OpenSea exploit
23.2.2022
The NFT marketplace has opened dialogue with at least one of the suspected victims in an attempt to safely return the prized assets
OpenSea's Trading Volume Remains in a Downtrend Amid Recent Attacks
23.2.2022
The trading volume across the major non-fungible token (NFT) marketplace OpenSea has been in a downtrend over the past week, possibly largely due to several incidents which led to users losing millions of dollars worth of digital assets.
OpenSea's trading volume is down more than 11% over...
Texas Man Sues OpenSea Over Stolen NFT, Asks for Over USD 1M in Damages
22.2.2022
Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea's user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not "timely put adequate safety measures...
OpenSea Narrows Down List of Impacted Users, Still Looking for the Cause
21.2.2022
Major NFT marketplace OpenSea, which said it fell victim to a phishing attack over the weekend, has narrowed down the list of impacted individuals from the initial assumption of 32 to 17. However, the platform said it still hasn’t determined the exact source of the issue....
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'Hacker' Steals NFTs 'Worth' Millions From Opensea Marketplace
21.2.2022
Web3, the famously decentralised internet technology that has centralised much of the NFT marketplace into a single shopfront (Opensea), woke over the weekend to find that the site had reportedly been compromised, and loads of precious NFTs stolen.Read more
Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack
20.2.2022
Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet...