Category: OpenSea

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Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable its Operator Filter, Taiwan Proposes Business Category for Crypto Firms to Self-regulate & Form Industry Associations

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable its Operator Filter, Taiwan Proposes Business Category for Crypto Firms to Self-regulate &…
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Yuga Labs to wind back from OpenSea over its axing of royalty enforcements

Yuga Labs said it will start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace. Bored Ape Yacht Club (BAYC) creators Yuga Labs is set to wind down support for OpenSea following the platform’s upcoming removal of its on-chain royalty enforcement tool Operator Filter. The…
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OpenSea NFT Marketplace Implements Changes to Creator Fees and Royalty Rules – Here’s What You Need to Know

The major non-fungible token (NFT) marketplace OpenSea has implemented changes that makes creator fees optional for new collections. Specifically, the OpenSea said it would retire the Operator Filter, which functioned as an enforcement tool for creator royalties on the platform. Instead, OpenSea will now move to optional royalties for all NFT sales on the secondary…
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Base Opens Ethereum Bridge, Mainnet to Launch August 9

Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it. Base Opens Ethereum Bridging,…
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NFTs Created by 99-Year-Old Artist Vera Molnár Sold for $1.2 Million

Computer-generated non-fungible tokens (NFTs) created by innovative Hungarian artist Vera Molnár sold out for ETH 631.  Per the current prices, this is worth $1,178,520. ‘Themes and Variations’ collection was created by the 99-year-old Molnár in collaboration with artist Martin Grasser. According to the auction giant Sotheby’s, the collection “culminates around three letters in particular that…
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Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork

Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network maintained a relentless burn rate, burning an average of over 146,000…
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FC Barcelona Partners with World of Women for NFT Collection

European football giant FC Barcelona has partnered with the non-fungible token (NFT) ecosystem World of Women to release the second series in its ‘Masterpiece’ collection. The NFT is titled ‘Empowerment’ and is inspired by Spanish football player Alexia Putellas. Widely known as Alexia, the celebrated professional footballer plays as a midfielder for Barcelona (Barça), which…
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Introducing Ethscriptions: Ethereum’s Take on Inscribed Digital Artifacts

Amidst the buzz and persistent interest surrounding Bitcoin-derived Ordinal inscriptions, the co-founder of the Capsule 21 podcast introduced Ethscriptions, an analogous innovation that harnesses the power of the Ethereum blockchain. Ethscriptions, as described on the online platform ethscriptions.com, is a “new way of creating and sharing digital artifacts on Ethereum using transaction calldata.” From Bitcoin…
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Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months

In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a prominent participant in the burn process since August 5, 2021, just below conventional ETH transfers, is…
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First NFT Insider-Trading Trial Results in Guilty Verdict for Ex-Opensea Manager

Former OpenSea product manager Nathaniel Chastain has been found guilty of wire fraud and money laundering in the first insider-trading trial involving non-fungible tokens (NFTs).  A federal court in Manhattan, New York handed down the verdict on Wednesday following a week-long trial and two days of deliberations, Bloomberg reported Thursday. … Read More: First NFT Insider-Trading Trial Results…
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