OpenSea Faces Backlash for Removing EtherFi NFTs
EtherFi, a liquid staking protocol, has published an open letter criticizing OpenSea for removing its EtherFan NFTs from the platform without notice or reason. The two projects had been collaborating on the collection’s launch for weeks, which features NFTs backed by staked ETH. EtherFi’s founder and CEO, Mike Silagadze, stated in the letter that OpenSea […]
OpenSea Rolls out Marketplace for Professional Traders
OpenSea introduces OpenSea Pro, a sophisticated marketplace made to compete with rivals like Blur’s zero-fee platform. A well-known NFT marketplace called OpenSea has announced the launch of OpenSea Pro, an enhanced trading platform built for experienced NFT traders .The decision was made in response to Blur, a rival zero-fee NFT marketplace, rapidly expanding. In order […]
OpenSea safeguards customers from unintended purchases
Opensea is putting new safeguards in place to guard customers against unwittingly purchasing undesired things. In SeaPort 1.4, OpenSea included a new feature that allows users to verify an item’s current status before accepting an offer. These precautions have been created especially to deal with situations in which a requested item was initially believed to […]
OpenSea implements zero fees to win NFT userbase lost to Blur
OpenSea announced significant changes to its business as competing marketplaces continue to drain away its once dominant user base. In the midst of its continuous rivalry with Blur, OpenSea recently announced many big improvements to its company on Twitter in an effort to win back any clients Blur may have taken away. Notably, OpenSea declared […]
NFT collector sues OpenSea marketplace
OpenSea NFT marketplace faces charges by a nonfungible token (NFT) collector over a number of claims, including that he was locked out of his account for more than three months after falling victim to a phishing scheme. Robbie Acres, an OpenSea user, informed Cointelegraph that he promptly reported the theft of his NFTs via a […]