
OpenSea News
Latest OpenSea News

News
X2Y2 is closing its marketplace after three years, acknowledging the decline of NFT trading and shifting focus to AI. NFT marketplace X2Y2, which was launched as an alternative to OpenSea and LooksRare, will shut down on April 30, citing a…

News
Harpie, a service aimed at preventing wallet theft and hacks, has shut down after struggling to develop a sustainable business model. Harpie, an on-chain firewall provider backed by Coinbase Ventures and OpenSea, has shut down its services as the startup…

News
YOAKE and OpenSea will be launching an NFT collection based on the hit anime series ‘The Seven Deadly Sins,’ available on the Soneium blockchain for fans and collectors. According to a press release sent to crypto.news, the NFT collection titled…

Recap
Weekly Recap — Ye's controversial crypto launch; SEC retreats from OpenSea and Coinbase; Bybit recovers from hack.

News
The U.S. Securities and Exchange Commission (SEC) is officially backing off its investigation into NFT marketplace OpenSea — yet another example of the crypto industry benefitting from loose regulations under the Trump administration. OpenSea co-founder and CEO Devin Finzer shared…

News
OpenSea has staged a dramatic comeback, reclaiming 71.5% of the Ethereum NFT market share in the past week. Just four weeks ago, its share stood at 25.5%, with Blur dominating the space. The Block reports that this surge coincides with…

Follow-up
On Feb. 13, OpenSea announced the launch of a new version, OS2. The tweaks address some of the concerns while ignoring others.

News
The OpenSea Foundation announced its SEA token for users of the popular NFT marketplace, with U.S. traders eligible and a new platform upgrade called "OS2."


Feature
Ending the year on a high note, December’s sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024. Blockchain-based digital collectibles had a strong December, with $877 million in sales, making it the second-best month…

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…

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.

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.