The dynamic landscape of nonfungible tokens (NFTs) continues to be a hotbed of legal and regulatory scrutiny, with OpenSea, the largest NFT marketplace, now under the spotlight of the U.S. Securities and Exchange Commission (SEC). This article delves into the…
Coachella Collaborates with OpenSea to Offer NFT-Based Benefits at 2024 Festival
Coachella, the renowned music and arts festival, has recently announced an exciting collaboration with OpenSea. This partnership aims to introduce digital keepsakes with real-world utility at the highly anticipated 2024 edition of Coachella. By leveraging the power of NFTs, Coachella…
Tiger Global Slashes Stakes in Bored Ape Yacht Club and OpenSea, Raising Questions About NFT Market
Investment firm Tiger Global recently made headlines with its decision to mark down the value of its stakes in two prominent players in the world of digital collectibles – Bored Ape Yacht Club (BAYC) and OpenSea. This move has sent…
Why did OpenSea investor Coatue slash NFT marketplace valuation by 90%?
In a surprising turn of events, non-fungible token (NFT) marketplace OpenSea has faced a significant blow to its valuation. Asset manager Coatue Management has reportedly slashed OpenSea’s valuation by a staggering 90%, as revealed in documents obtained by The Information.…
OpenSea Simplifies NFT Minting for Everyone Through its ‘No-Code Hub’
In a bid to reclaim its position as the leading NFT marketplace, OpenSea has unveiled its groundbreaking “no-code hub,” empowering artists to effortlessly create and mint tokens without relying on third-party assistance or blockchain expertise. This innovative platform aims to…
Former OpenSea Worker Abandons Bail Request, Set to Begin 3-Month Prison Term for NFT ‘Insider Trading
In the world of cryptocurrency and NFTs (Non-Fungible Tokens), OpenSea has been a prominent player. But recent developments have raised eyebrows within the crypto community. A former OpenSea employee, who was previously in custody, has decided to withdraw their bail.…
Yuga Labs and Mark Cuban Take Center Stage in the OpenSea NFT Royalties Uproar
OpenSea, the largest marketplace for non-fungible tokens, recently announced a significant shift in its royalty structure, making royalties optional for creators. The decision taken by OpenSea has opened a doorway for debate among the NFT community, with Yuga Labs, a…
After Royalties Decision, This Is How Rarible Increased by More than 600%
NFT creators put a lot of time and energy into making these non-fungible tokens. However, one of the ways they make money from it is through the royalties. So, some NFT marketplaces are removing this feature of making money through…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to cryptocurrency users by targeting their browser-based wallets and saved login credentials. Discovered by Microsoft Incident Response and detailed in a report published on March 17,…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
