OpenSea
NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage
Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.
NFT Marketplace OpenSea Valued at $1.5B in $100M Funding Round Led by A16z
Non-fungible token (NFT) marketplace OpenSea is the latest crypto unicorn with a total valuation of $1.5 billion after a $100 million Series B round that closed Tuesday, led by Silicon Valley’s best-known VC, Andreessen Horowitz (a16z).
Merriam-Webster Auctioning an NFT of Its New Definition of an NFT
Merriam-Webster recently added the NFT (non-fungible token) definition to its dictionary and is now auctioning an NFT on the OpenSea marketplace of an animation of the definition. “The Hash” panel weighs in, speaking to the larger NFT phenomenon.
Golden State Warriors Become First NBA Team to Issue NFT Set
The Golden State Warriors have launched a non-fungible token (NFT) collection on the OpenSea marketplace, becoming the first U.S. professional sports team to issue official NFTs. “The Hash” panel suggests the pros as well as the potential risks of buying into the digital collectibles market.
Why Are Some People’s Expensive NFTs Vanishing?
“The Hash” panel digs into why people are losing their expensive NFTs (non-fungible tokens) on various platforms and what others can do to prevent it from happening.
The Emerging Dark Side of NFTs
Not all NFTs are digital tacos or funny tweets. A hacker recently listed the first zero-day exploit NFT for sale through OpenSea. CoinDesk privacy reporter Ben Powers explains what a zero-day exploit is, and “The Hash” panel debates the potential dark side of NFT use cases.
