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NFT sales decline, OpenSea falls to the 4th spot
Latest OpenSea News
News
The floor price of an Ethereum-based NFT collection called Pudgy Penguins has exceeded the price of Bitcoin on the NFT marketplace OpenSea
News
Non-fungible token marketplace OpenSea is set to debut a new platform next month, as revealed in the latest update on Monday, Nov. 4. OpenSea chief executive officer Devin Finzer announced the timeline for the launch on X, stating that the…
News
Sotheby’s is auctioning six works by the autonomous artist Botto in an exhibition that marks the third anniversary of the AI bot created by Mario Klingemann in collaboration with ElevenYellow. The auction house Sotheby’s is hosting Botto’s first art exhibition…
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Follow-up
According to experts, 96% of more than 5,000 existing NFT collections are "dead." This means that they have zero trading volume, no sales for more than seven days, and no activity on the X social network.
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Ethereum
News
Andreessen Horowitz’s a16z Crypto fund has partnered with Stand With Crypto and OpenSea to create the Creator Legal Defense Fund. According to releases from OpenSea and a16z, this initiative is designed to provide legal support and consultation to artists and…
News
Magic Eden maintains its dominance in the NFT marketplace, holding a 36.7% market share in August with a trading volume of nearly $123 million. Magic Eden solidified its position as the leading marketplace for non-fungible tokens in August, capturing 36.7%…
Opinion
If there is to be a benefit of the SEC’s Wells Notice to OpenSea, it will at least be for regulatory clarity in the realm of NFTs.
News
Multiple pro-crypto voices weighed in against the Wells Notice issued to NFT Market OpenSea on Aug. 28, as the SEC’s sweeping crackdown advanced unchecked. OpenSea was named next on the Securities and Exchange Commission’s chopping block barely a week after…
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Ethereum
News
NFT marketplace OpenSea received a Wells Notice from the U.S. SEC, indicating intent to sue the web3 startup. The Securities and Exchange Commission’s crackdown on allegedly non-compliant crypto service providers has now targeted OpenSea, one of Ethereum’s (ETH) first and…
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Ethereum
News
As Bitcoin drops for the fourth consecutive day, non-fungible tokens (NFTs), once thought to be dead, have surprisingly had their best quarter since early 2023. Non-fungible tokens (NFTs) witnessed their best quarter in Q2 as the sector of digital collectibles…
Feature
From cute pictures of chubby penguins, the Pudgy Penguin brand has grown into a full-fledged ecosystem with soft toys and its own game. What is Pudgy Penguins NFT collection? The Pudgy Penguins brand was launched in July 2021 by four…
News
NFT marketplace OpenSea is seeing user activity drop on its platform to its lowest level since 2021. The NFT platform, once hailed as the leading NFT marketplace, is now struggling to hold its dominance as newer platforms like Magic Eden…
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Ethereum
News
Electric Capital, a web3 venture capital firm, is delving into the analytical aspect of the NFT market to address two unresolved issues. In an X thread on Mar. 22, Electric Capital founder Avichal Garg unveiled a new analytical platform designed…
News
OpenSea and the Seaport Working Group have released Seaport 1.6, the most recent version of the NFT marketplace protocol for the Ethereum Virtual Machine (EVM) ecosystem. ‘Seaport hooks,’ a new feature of the upgrade, is modeled around Uniswap v4 hooks. The…
News
The non-fungible token (NFT) sector is witnessing a strong bearish momentum as OpenSea falls to the fourth spot among leading marketplaces. According to data provided by CryptoSlam, global NFT sales plunged by 26% in the past 24 hours, and the…
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Ethereum
News
OpenSea, the leading NFT marketplace, recently removed the Ethereum NFT pass associated with the Fractional Uprising project, citing a violation of its policies against securities and options.Â
News
Feature
