The leading digital marketplace for non-fungible tokens – OpenSea – announced it will start listing NFTs minted on the Solana blockchain. The development will see the light of day in April. OpenSea disclosed the news in a recent post on Twitter. The video, dubbed “The best-kept secret in web3,” shows enthusiastic users who believe Solana’s...Read More
Silicon Valley venture capital firm, Sequoia is betting big on the leading Solana NFT marketplace – Market Eden. OpenSea happens to be the leader in the NFT space, however, its dominance appears to be dwindling. There are now newer platforms backed by some of the biggest investors that may have been contributing to this trend....Read More
The NFT sector has seen an explosion of interest throughout last year. In 2021 as well, the market kicked off with booming sales sharply, contrasting with the overall slump in crypto prices in January. After decoupling for a few weeks, NFT sales appear to be cooling down again. NFT Floor Price Take a Hit According...Read More
The company said it bought Azuki #1178, #4176, and #1180 for about 13.35 Ethereum each and returned them to their previous owners. That is the equivalent of $36,000. Mintable representatives revealed how they came upon the listings in a recent statement. In particular, the team found the NFTs on the LooksRare marketplace. They said the $10...Read More
OpenSea users complained about a phishing attack that resulted in countless stolen non-fungible tokens, according to PeckShield. At the same time, the NFT marketplace said it was investigating these “rumors,” and any attack was not related to its website. Reports started to emerge earlier from OpenSea users who saw unsettling behavior in their accounts. Shortly...Read More
In light of mounting criticism and complaints from the crypto community, one of the largest NFT marketplaces, OpenSea, has reimbursed about $1.8 million to users who were affected by the recent hack on its platform. On January 24, 2022, some OpenSea users saw their valuable NFTs sold at rock-bottom prices by hackers who leveraged a...Read More
Someone has reportedly found a way to exploit the front-end of the most popular non-fungible token (NFT) marketplace – OpenSea. The perpetrator is supposedly going after members of the Bored Ape Yacht Club and their valuable apes. The OpenSea Exploit PekShieldAlert – the real-time alerts bot of the popular security firm PeckShield, alarmed of a...Read More
On January 18th, OpenSea announced that it had acquired Dharma Labs for an undisclosed amount. The world’s top NFT marketplace was recently valued at $13.3 billion following its latest funding round. Sources at the 2017-founded firm told Reuters that deal would help it “dramatically improve the experience of buying, minting, and selling NFTs” on its...Read More
The popular NFT auction marketplace, OpenSea, has surpassed the $3.5 billion mark in monthly Ethereum trading volume. OpenSea Hits New High According to the latest chart by Dune Analytics on January 17, OpenSea has already clocked in $3.52 billion in terms of monthly Ethereum trading volume, even with two more weeks to go until the...Read More
NFT marketplace giant OpenSea is recording impressive numbers a few days into 2022, with the platform’s trading volume already at a whopping $2 billion. OpenSea Heading Towards New Monthly Volume ATH Data from Dune Analytics showed that the leading marketplace’s average daily trading volume so far in 2022 is over $260 million. While the monthly...Read More
A $300 million funding round led by Coatue and Paradigm increased OpenSea’s valuation at $13.3 billion. The NFT marketplace vowed to employ the investment into four categories: accelerate product development, improve customer support, invest in the wider NFT and Web3 community, and grow its team. Surpassing a $13 Billion Valuation In a recent blogpost, Devin...Read More
Bored Ape Yacht Club (BAYC) – one of the most popular NFT collections in existence – has reached $1 billion on sales on OpenSea’s marketplace. According to on-site statistics, the collection has generated an all-time trading volume of 298 265k ETH. WIth ETH trading at about $3,800 at the time of writing, that’s effectively over...Read More
