Tag: Opensea

Nifty News: Solana NFTs on OpenSea in April, Ross Ulbricht’s new collection… and more

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Solana (SOL) NFT holders will soon have a new option for where to trade, with OpenSea teasing its integration of the Solana blockchain. A 16-second video shared by the OpenSea Twitter account opened with the phrase “wen solana???” being typed into a search box and revealed that Solana will be supported by the marketplace in April. The best kept secret in web3 pic.twitter.com/xuZn64cZ4U — OpenSea (@opensea) March 29, 2022 Rumors of OpenSea supporting Solana NFTs have circulated for months. Security researcher Jane Manchun Wong — who made Forbes 30 under…

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Opensea phishing scandal reveals a security need across the NFT landscape

[ad_1] Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and shakers including the likes of Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many others, have made their way into the burgeoning Metaverse ecosystem in recent months. Also, owing to the fact that over the course of 2021 alone, global NFT sales topped out at $40 billion, many…

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OpenSea planned upgrade stalls as phishing attack targets NFT migration

[ad_1] Just yesterday, OpenSea announced a smart contract upgrade, which requires users to migrate their listed NFTs from Ethereum (ETH) blockchain to a new smart contract. As a direct result of the upgrade, users that don’t migrate over from Ethereum risk losing their old, inactive listings — which currently require no gas fees for migration. Major nonfungible token (NFT) marketplace OpenSea has reportedly fallen victim to an ongoing phishing attack within hours after announcing a week-long planned upgrade to delist inactive NFTs on the platform.  However, the urgency and short…

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OpenSea smart contract upgrade to delist inactive NFTs on Ethereum

[ad_1] OpenSea, one of the most popular nonfungible token (NFT) marketplace, has rolled out an upgrade to its smart contract, a proactive measure to weed out inactive listings on the platform. As a part of the planned upgrade, all OpenSea users will need to migrate their NFT listings — currently hosted over the Ethereum (ETH) blockchain — to the new smart contract. The new contract is live! Start migrating your listings now: https://t.co/W1w9ciCK2D — OpenSea (@opensea) February 18, 2022 According to the OpenSea announcement, the NFT listings created before Feb.…

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Animoca Brands doubles valuation to $5B, OpenSea tops $3.5B in Jan volume, Microsoft eyes metaverse gaming: Hodler’s Digest, Jan 16-22

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[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week NFT-focused Animoca Brands valued at $5B following $358M raise NFT and virtual property-focused firm Animoca Brands secured $358 million worth of funding earlier this week at a valuation of $5 billion.  The company said the fresh funds will go towards financing strategic acquisitions and…

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OpenSea acquires Dharma Labs and a new CTO

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[ad_1] OpenSea announced Tuesday the acquisition of Dharma Labs, a cryptocurrency lending platform and digital wallet, for an undisclosed amount. According to the statement, Dharma Labs would effectively shut down and its co-founders, Nadav Hollander and Brendan Forster, will become OpenSea’s new chief technology officer and its head of strategy, respectively. OpenSea claimed this acquisition will help accomplish its mission to scale product development, grow its team, expand its safety and reliability efforts and invest in the nonfungible token (NFT) and Web3 ecosystem. I’m happy to finally share that we’ve…

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OpenSea raises $300 million for encrypted digital marketplace

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[ad_1] The nonfungible token (NFT) market is gaining momentum as the next frontier in collectibles, gaming and the metaverse.  To accelerate this vision, OpenSea announced on Jan. 4 that it has secured $300 million in a Series C funding led by Coatue and Paradigm. OpenSea is a digital market based on the Wyvern Protocol, which is composed of custom-built Ethereum smart contracts that are expressly created for buying and selling unique digital assets. The marketplace was established in 2018. With the most recent investment, OpenSea’s value has now surpassed $13.3…

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OpenSea NFT trading volume surges as Bored Ape mania intensifies

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[ad_1] NFT trading volumes on OpenSea are surging in January amid a renewed speculative frenzy on Yuga Labs’ Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). According to data posted by “rchen8” on Dune Analytics, OpenSea has generated more than $700 million worth of trading volume since the start of 2022, with Jan. 3 being the biggest day of the year with a whopping $255.8 million worth of 24-hour volume. While popular onlookers as Wu Blockchain have asserted that the volume on Jan. 3 was a record…

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Adidas Originals reaches second spot on OpenSea rankings with debut NFT collection

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[ad_1] In its debut weekend, the first NFT from Adidas Originals’ “Into the Metaverse” project has generated 11,391 Ether (ETH), worth over $43 million, on OpeanSea. Ranked by trading volume, this collection has earned the second spot on OpeanSea after RTFKT’s Clone X and Takashi Murakami collection.  In collaboration with Bored Ape Yacht Club, PUNKS Comic, and gmoney, Adidas Originals co-created one digital asset and put up 30,000 copies of the same item for sale on Dec. 17. Almost 20,000 copies of the Phase 1 NFT have been sold so far.…

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NFT, Art, Fidenza, Art Blocks, curated, generative art, opensea

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[ad_1] Computer scientist turned generative artist Tyler Hobbs writes code artistically, which then creates visual art that has sold for millions. Along with 998 siblings, Fidenza #313 was minted for 0.17 ETH on June 11th, after which it was immediately sold for 0.58 ETH. Just over 10 weeks later, the NFT nicknamed “Tulip” sold for 1,000 ETH on Opensea —  $3.3 million at the time. Fidenza is the brainchild of Tyler Hobbs, 34, who quit his computer engineering job to work as a full time artist. He struck ETH when…

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