The past couple of months have been difficult for the cryptocurrency market – we’ve witnessed Bitcoin shed more than 70% since November’s all-time high, and the total value of all digital assets in circulation drop from $3 trillion to beneath $1 trillion.
OpenSea, the world’s leading non-fungible token (NFT) marketplace, has revealed Solana Launchpad, a service that allows creators to mint digital collectibles and retain their custody during the selling phase.
OpenSea, the world’s largest non-fungible token (NFT) marketplace in terms of trading volume, is laying off a fifth of its workforce, according to the company’s CEO Devin Finzer. In a statement shared on Twitter, initially posted on the company’s Slack, Finzer said that employees that have been let go will receive generous severance packages and other benefits.
The recent cryptocurrency downturn saw Bitcoin – and the rest of the crypto market – lose high double digits in the past month. In addition to the falling prices of crypto coins and tokens, non-fungible token (NFT) sales have also seen a considerable decrease in the same time period.
Key takeaways: Nate Chastain, a former executive at leading NFT marketplace OpenSea, has been charged with wire fraud and money laundering Allegedly, Chastain used insider knowledge of which NFTs will be featured on the OpenSea frontpage for his personal financial gain Chastain left OpenSea in September 2021 after the “insider trading” scandal first came to…
The largest NFT marketplace in the world, OpenSea, announced on Monday the acquisition of Gem, a leading NFT marketplace aggregator. In just a few months, the Gem team has managed to build an active community of digital items collectors that can make use of the advanced NFT trading features the platform offers. OpenSea shared the news on Twitter.
OpenSea, the world’s largest non-fungible token (NFT) marketplace, has integrated support for the Solana blockchain. The feature is currently available in the beta phase, during which the OpenSea intends to collect user feedback to “improve the Solana experience.”
On Tuesday, OpenSea published a short teaser video on Twitter with the sole message: Solana is coming to OpenSea. The long-awaited move comes after months of speculation, rumors, and clues, which the world’s largest non-fungible token marketplace repeatedly brushed aside as unsubstantiated.
It’s been months since Coinbase first announced it will enter the booming non-fungible tokens (NFTs) market with its own marketplace offering. While some of the exchange’s main rivals, like Binance, FTX, and Bybit, had already launched their respective NFT products, Coinbase’s process of releasing its own offering has been moving at a very slow pace.