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OpenSea

Our special correspondent who literally lives in OpenSea community delivers the most fresh news and insides about the brand.

OpenSea expands support to Avalanche NFTs

On Tuesday, OpenSea announced that it had enabled support for NFTs on layer-1 proof-of-stake blockchain Avalanche. > GM🔺! We’re excited to share that @avalancheavax [https://twitter.com/avalancheavax?ref_src=twsrc%5Etfw] #Avalanche [https://twitter.com/hashtag/Avalanche?src=hash&ref_src=twsrc%5Etfw] is officially live on OpenSea!! pic.

OpenSea CFO exits firm just 10 months after joining

Less than a year after joining OpenSea, CFO Brain Roberts is leaving the NFT marketplace. The former Lyft executive has been with OpenSea for just ten months after joining the company in December 2021 as its first finance employee. According to his LinkedIn update posted [https://www.linkedin.com/feed/

OpenSea employee accused of insider trading fights back, subpoenas NFT marketplace

On June 1, 2022, OpenSea’s former product manager Nathaniel Chastain was slammed with an indictment [https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme] for “wire fraud and money laundering in connection with a scheme to commit insider trading” on different NFT tokens. Recent court filings reveal that Chastain, who has

OpenSea closes Q3 with $144 million in fees, NFT sales plunge by 60%

The NFT market began 2022 with a bang but has since witnessed a major drop in interest and sales volume, amid a difficult period in the broader cryptocurrency market. As a result, NFT sales on OpenSea, the largest marketplace for digital collectibles, nosedived in the third quarter of 2022, down

Warner Music teams up with OpenSea on music NFT drops

U.S. record label Warner Music Group has entered a partnership with NFT marketplace OpenSea to create a platform for “select WMG artists to build and extend their fan communities in Web3.” As part of the deal aimed at bolstering fan engagement, artists who are signed under Warner Music Group

OpenSea pays two ethical hackers $200,000 for discovering bugs

Two ethical hackers have each received a $100,000 reward for discovering some critical bugs on OpenSea. The duo were individually rewarded for discovering separate critical vulnerabilities in the NFT marketplace in the last ten days. Corben Leo, a security expert and chief marketing officer at security firm Zellic, was

OpenSea enables support for Optimism NFTs

OpenSea has expanded its list of supported blockchains to include Ethereum layer-2 scaling solution Optimism. The leading NFT marketplace will now display several NFT collections based on Optimism, including popular projects like Apetimism, Bored Town, MotorHeadz, and OptiChads on its platform. The latest addition brings the number of blockchains supported

Rare or Common? OpenSea launches new protocol that ranks NFT rarity

Leading NFT marketplace OpenSea has implemented a new protocol that calculates the rarity of digital collectibles within its platform. Dubbed OpenRarity, the project is the brainchild of collaborative efforts between several players in the NFT space, including OpenSea, Proof, Curio, and icy.tools. OpenSea announced the implementation in a Wednesday

OpenSea launches 'immersive minting experience' for NFT drops

On Monday, leading NFT marketplace OpenSea announced that it had upgraded the minting process on its platform with a new immersive drop experience. According to an official blog post [https://opensea.io/blog/announcements/drops-on-opensea-an-immersive-and-secure-minting-experience/] , NFT creators can now launch their artworks within exclusive drop pages that will provide greater

OpenSea will not support any ETH-forked NFTs post-Merge

With Ethereum’s highly-anticipated Merge event [https://btcpeers.com/ethereum-merge-may-come-sooner-than-expected/] drawing closer, several players in the crypto space have started taking sides. While some have pledged their support [https://btcpeers.com/vitalik-buterin-downplays-clamor-for-ethereum-pow-forks/] for a proof-of-work-based Ethereum network, others like OpenSea have stepped forward to say they would not support forked