OpenSea News

OpenSea is a decentralized marketplace for cryptocurrency collectibles, particularly nonfungible tokens (NFTs). The platform enables anyone to buy, sell or trade digital assets and transfer them to a personal cryptocurrency wallet. OpenSea also allows users to create their own marketplaces for specific types of assets. For example, there are marketplaces for digital art, music, photography and sports, among many others.

OpenSea runs on the Ethereum blockchain and uses smart contracts to facilitate transactions. This ensures all transactions on the platform are transparent and secure. It is also one of the few marketplaces to allow users to buy, sell or trade NFTs from various blockchain platforms, namely Klaytn, Ethereum, Solana and Polygon.

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This guide delves into the significance of the OpenSea decentralized marketplace, its pros and cons, and its role in the NFT revolution.

What is OpenSea and how to use it?

2023-09-08T09:36:08+01:00

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The attorneys representing Nathaniel Chastain informed the court that Chastain will self-surrender on Nov. 2 to begin serving his sentence.

Former OpenSea manager withdraws application for bail pending appeal

2023-09-07T07:00:00+01:00

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Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released.

Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter

2023-08-30T20:00:00+01:00

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NFT aggregator Rarible said that by October, it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea.

NFT marketplace Rarible sees uptick after commitment to royalties

2023-08-24T02:47:54+01:00

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Bitcoin Ordinals NFT volume plunges 98%, and Yuga Labs is terminating its partnership with OpenSea over creator royalties.

Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter

2023-08-23T20:00:00+01:00

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Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider tradin...

OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine

2023-08-22T22:37:59+01:00

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Yuga Labs said it would start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT market...

Yuga Labs to wind back from OpenSea over its axing of royalty enforcements

2023-08-19T03:17:16+01:00

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OpenSea’s royalty enforcement tool Operator Filter is going to be turned off, according to the NFT marketplace’s founder and CEO, Devin Finzer.

NFT marketplace OpenSea to disable royalty enforcement tool

Brayden Lindrea

2023-08-18T05:03:49+01:00

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