Rally's CEO Chris Maddern will become OpenSea's CTO as a part of the acquisition.
Alex Atallah previously co-founded OpenSea with CEO Devin Finzer in 2018 but stepped down from the NFT marketplace in 2022.
OpenSea's new rewards program and broader utility-focused developments signal a shift from speculation to functional use cases.
NFT marketplace OpenSea saw 467,322 active users last month, as its revamped OS2 platform recently exited beta stage.
OpenSea has still not set a date for the token release.
OpenSea's OS2 platform has exited beta, launching a new "Voyages" rewards program alongside the public release.
NFT collection CyberKongz says the SEC has shut its investigation, marking the latest probe ended by the agency since Trump took office.
OpenSea lawyers argued the NFT marketplace does not qualify as an exchange or broker under federal securities laws.
The NFT market has suffered severe declines over the past three months, with both OpenSea and Blur experiencing significant drops in trading volume.
The regulator’s decision comes after Coinbase said the SEC will vote on a deal to abandon its enforcement case against it.
OpenSea said the U.S. Securities and Exchange Commission has ended its investigation of the NFT marketplace, according to Bloomberg. Earlier this month, the organization released a beta version of its OS2 platform and confirmed plans for a SEA token airdrop, which will be available to U.S. users. The move comes shortly after the SEC decided […]
Opensea’s share of the Ethereum NFT marketplace came largely at the expense of Blur.
The new platform OS2 will combine NFT and token trading and support multiple blockchains.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In late 2023, CEO Devin Finzer announced the company would fire half of its employees in a bid to double down on launching “OpenSea 2.0.”
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Polymarket odds on OpenSea issuing an airdrop before April spiked from 25% to 45% following the tweets.
OpenSea refuted rumors that it would mandate a know-your-customer process for users to participate in a potential token airdrop.
OpenSea has launched the OS2 platform, featuring a redesigned user interface and a new experience points (XP) system.
New MakersPlace accounts were disabled immediately, but users can still purchase NFTs on the platform until it shuts down completely.
23pds, the pseudonymous Chief Information Security Officer (CISO) at blockchain security firm SlowMist, has raised concerns about potential phishing attacks targeting more than seven million OpenSea users whose emails were leaked in a June 2022 breach. 23pds stated: “Remember the attack on the OpenSea mail service provider in 202[2] that led to the leakage of […]
The post Crypto industry alarmed as 7 million OpenSea email users’ leak resurfaces appeared first on CryptoSlate.
Eden Gallery argued that a group of NFT owners “may have buyers’ remorse, but their losses, if any, are due to market forces.”
CyberKongz said it was first contacted by the SEC two years ago and had been “suffering in silence” ever since.
NFT community members hope the platform will reward its early users with a token airdrop.
An investigation into the victim of an NFT scam led the Brooklyn District Attorney’s Virtual Currency Unit to discover and dismantle a network of fake NFT marketplace sites.
Starting Nov. 27, Kraken's NFT marketplace will transition to withdrawal-only mode.
The lawyer for two OpenSea users who accused the platform of selling them securities told Cointelegraph they “had no choice but to dismiss the pending case.”
A newly revitalized OpenSea is coming soon, but details were thin.
There have been some high-profile instances of insider trading at major exchanges that show a larger issue underneath.
A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea.