OpenSea’s points-based airdrop system for its SEA token has sparked outrage, with users claiming it encourages wash trading and overlooks longtime platform contributors.
OpenSea, an NFT marketplace, has confirmed the debut of OS2, a completely revamped platform for its users.
According to OpenSea CEO, the website from which the rumors originated are truly linked to the OpenSea Foundation.
OpenSea has launched access to OS2, with only Gemesis NFT holders permitted to access the platform.
The publicization of the OpenSea data leak is a reminder of the broader challenges the cryptocurrency sector faces regarding data security.
The Sei network is in the process of transitioning to Sei V2, which will attract more web3 developers and content creators in the long haul.
Similar to Uniswap v4, Seaport hooks give developers the freedom to create applications that increase the usefulness and liquidity of NFTs.
OpenSea NFT marketplace is currently developing a 2.0 upgrade to enable users to seamlessly track digital collectibles from different blockchains.
The NFT platform said the wallet will be powered by Privy’s technology and fully integrated into its ecosystem for easy interactions.
OKX strategically positioned itself to ride the Ordinals wave, seizing the NFT crown amid exploding interest in Bitcoin-based creative assets.
Collectibles sold on the platform may also be bridged to mainstream platforms such as OpenSea and Rarible.
OpenSea wrote an email to the users advising them to rotate API keys after one of the vendors experienced a security breach that may have exposed personal data.
The moves appear to be in line with a recent announcement by the US SEC.
The Web3 platform ZTX achieved a record-breaking sale of 4,000 Genesis Homes NFTs, showcasing enthusiasm for the metaverse despite a bearish NFT market.
According to the Judge, the former OpenSea product manager deliberately used insider information to take advantage of NFT trading.