OpenSea
OpenSea Exec’s Outlook on NFT Marketplace Amid Crypto Winter
OpenSea, the largest non-fungible token (NFT) marketplace by volume, announced Tuesday that it’s planning to support Arbitrum, allowing creators to list NFTs minted on the Ethereum roll-up. Anne Fauvre-Willis, VP of special projects at OpenSea, joins “First Mover” to discuss the offering and her NFT marketplace outlook during crypto winter. Plus, OpenSea’s strategy to stay competitive in a growing NFT space.
NFT Markets Aren’t Immune to ‘Spooked’ Buyers: Quadency CEO
NFT platform Opensea saw daily trading volume plummet by 98% since its peak. Quadency founder and CEO Rosh Singh says “people are spooked” by the cascading bankruptcies and liquidity crisis in the broader crypto markets.
NFT Marketplace Magic Eden Announces Ethereum Expansion
Solana-based non-fungible token (NFT) marketplace Magic Eden is integrating Ethereum NFTs, taking another swing at OpenSea and embracing Ethereum’s top heavy NFT ecosystem. "The Hash" hosts discuss the latest in the NFT marketplace rivalry.
OpenSea Lays Off 20% of its Staff Amid Crypto Winter
NFT marketplace OpenSea has laid off about 20% of its staff as it prepares for the possibility of an extended crypto downturn. "The Hash" squad discusses the outlook for digital collectibles and the crypto job market amid an industry-wide wave of layoffs and hiring freezes.
Celsius Reveals $1.2B Financial Hole; Terra Subsidiary Investigated
Celsius reveals $1.2 billion hole in balance sheet. OpenSea cutting 20% of its workforce. Circle’s reserve breakdown shows $13.58 billion cash and $42.12 billion in U.S. Treasurys. ETH2 merger closer as ninth shadow fork goes live. Report says Terra subsidiary used as funds channel for overseas affiliates. Play-to-earn games shifting focus to fun. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast"
OpenSea Reports Email Data Breach
NFT marketplace OpenSea recently reported an email data breach after discovering that an employee of Customer.io had leaked the platform’s customer data to an outside party. “The Hash” group discusses solutions for security issues in Web3, noting the benefits of wallet-based logins.
Expensive NYC Building Listed on NFT Marketplace OpenSea
A New York City office building went on sale for $29 million, with the rights to purchase the property listed as a non-fungible token (NFT) on OpenSea. The listing’s price, however, was set in ether (ETH), which has plummeted over 40% since the start of June.
NFT & Web 3 Attorney on the First NFT Insider Trading Case
The U.S. Department of Justice charged former OpenSea staffer Nate Chastain for wire fraud and money laundering on allegations he misused confidential information to trade NFTs. NFT & Web 3 Attorney Moish Peltz discusses his take on the charges, the legal considerations of digital collectibles, and the potential outcomes.
DOJ Charges Former OpenSea Exec With NFT Insider Trading
Former OpenSea staffer Nate Chastain was charged on June 1 with wire fraud and money laundering after trading on confidential information about which NFTs were about to be featured on OpenSea. It’s the first DOJ has pursued an “insider trading” charge involving digital assets.
