The trading volume across the major non-fungible token (NFT) marketplace OpenSea has been in a downtrend over the past week, possibly largely due to several incidents which led to users losing millions of dollars worth of digital assets. OpenSea’s trading volume is down more than 11% over the past day and more than 27%…
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Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea’s user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not “timely put adequate safety measures in place.”… Read More:…
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Major NFT marketplace OpenSea, which said it fell victim to a phishing attack over the weekend, has narrowed down the list of impacted individuals from the initial assumption of 32 to 17. However, the platform said it still hasn’t determined the exact source of the issue…. Read More: OpenSea Narrows Down List of Impacted…
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According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly Non-Fungible Token Sales Plummet Despite Recent $23 Million…
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The NFT marketplace will add Metalink as a support channel. On Tuesday, nonfungible token, or NFT, platform OpenSea launched a server on Metalink to give the verified owners of its collections a direct channel for support, feedback and updates. Metalink is a collaboration app for NFT communities that offers users a place to view their…
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The market for non-fungible tokens (NFTs) showed signs of a cooldown last week, even as the prices of many cryptoassets have been on the rise. According to a new report from crypto research firm Delphi Digital, activity in the NFT market has slowed down over the past week, with the volume of NFTs traded…
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Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally to mint these tokens. The…
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The American firm that produces Bazooka chewing gum, candy, and collectibles, Topps has announced the company is planning to auction one of the rarest baseball cards on earth in NFT form — Topps 1952 Mickey Mantle card. The Topps 1 of 1 “Timeless Collectible” will be issued as a non-fungible token (NFT) and sold on…
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