{"id":19095,"date":"2022-02-25T12:16:41","date_gmt":"2022-02-25T11:16:41","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=19095"},"modified":"2022-02-25T12:16:48","modified_gmt":"2022-02-25T11:16:48","slug":"opensea-briefly-disables-features","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/opensea-briefly-disables-features\/","title":{"rendered":"OpenSea briefly disables features as contract migration progresses"},"content":{"rendered":"\n
OpenSea bids and purchases<\/a> are disabled until the migration is complete, ensuring that listings are safe.<\/h5>\n\n\n\n
\"OpenSea<\/figure>\n\n\n\n

The firm's week-long window for users to move their nonfungible token (NFT) listings has come to a conclusion. <\/p>\n\n\n\n

Following the deadline, the platform announced\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> that due to the move, some functions on the site may be unavailable briefly.<\/p>\n\n\n\n

On February 19, the company released a new smart contract and advised users to begin migrating their NFT listings from the old to the new contract. <\/p>\n\n\n\n

The upgrade, according to the NFT marketplace<\/use><\/svg><\/span><\/a>, adds additional capabilities like bulk listings and more descriptive signatures, as well as assuring that all inactive listings expire.<\/p>\n\n\n\n

However, the platform reported phishing assaults shortly after the introduction, resulting in some customers losing their NFTs. <\/p>\n\n\n\n

Following this, the OpenSea team conducted an investigation into what had occurred. <\/p>\n\n\n\n

OpenSea co-founder Devin Finzer recommended affected users<\/use><\/svg><\/span><\/a> to contact their support team.<\/p>\n\n\n\n

Mintable, an NFT platform, has promised to restore NFTs taken in the recent OpenSea phishing attack. <\/p>\n\n\n\n

Some of the NFTs that were lost were listed on another marketplace called LooksRare, which the team discovered. <\/p>\n\n\n\n

According to Mintable creator Zack Burks, they chose to buy the NFTs and return them to their original owners.<\/p>\n\n\n\n

The contract conversion will complete on Friday, and the platform has warned users that active postings on the website may become invisible, and floor pricing may change. <\/p>\n\n\n\n

The platform, however, claims that this is merely a temporary situation. <\/p>\n\n\n\n

Until the move is complete, the company has temporarily prohibited bids and purchases to protect listings.<\/p>\n\n\n\n

\n

2) During the contract migration you may not see your migrated listings. Due to this, floor prices may temporarily vary.<\/p>— OpenSea (@opensea) February 25, 2022<\/use><\/svg><\/span><\/a><\/blockquote>

In the meanwhile, the blockchain community has been wary about NFTs. <\/p>\n\n\n\n

Youtuber Coffeezilla and community members were able to thwart an alleged NFT fraud that was attempting to steal $20 million in digital assets. <\/p>\n\n\n\n

An anonymous user submitted a detailed report detailing the allegations leveled against the members of the suspected NFT fraud team.<\/p>\n","protected":false},"excerpt":{"rendered":"

OpenSea bids and purchases are disabled until the migration is complete, ensuring that listings are safe. The firm’s week-long window for users to move their nonfungible token (NFT) listings has come to a conclusion. Following the deadline, the platform announced that due to the move, some functions on the site may be unavailable briefly. On […]<\/p>\n","protected":false},"author":34,"featured_media":19097,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[194,470,1636],"class_list":["post-19095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft-news","tag-news","tag-nfts","tag-opensea"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/images-2022-02-25T120600.579.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/19095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=19095"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/19095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/19097"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=19095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=19095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=19095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}