OpenSea is calling on the U.S. Securities and Exchange Commission (SEC) to formally exclude non-fungible token (NFT) platforms from regulation under federal securities laws. In a letter dated April 9 and addressed to SEC Commissioner Hester Peirce—head of the agency’s Crypto Task Force—OpenSea’s General Counsel Adele Faure and Deputy General ...
Harpie, an on-chain firewall provider backed by Coinbase Ventures and OpenSea, has ceased operations after failing to establish a sustainable business model. The company aimed to protect crypto users from hacks, scams, and wallet theft and announced its shutdown in an X thread on March 27. Despite its efforts to ...
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the NFT marketplace OpenSea, according to Bloomberg. Co-founder and CEO Devin Finzer confirmed this move on X on February 22, calling it a significant win for the community and the broader digital collectibles space. He emphasized that ...
OpenSea has temporarily suspended its new airdrop reward system due to significant criticism from the community. Co-founder and CEO Devin Finzer announced a pause on XP rewards for listing and bidding and will instead focus on XP shipments, a feature introduced on February 14. This change is part of OpenSea's ...
Over 7 million OpenSea users are facing renewed security threats after email addresses compromised in a 2022 data breach have recently become publicly available, according to blockchain security firm SlowMist. In a January 13 post on X, SlowMist’s Chief Information Security Officer, 23pds, revealed that the leaked data had circulated ...
The non-fungible token (NFT) marketplace, Blur, has partnered with venture capital firm Paradigm to launch Blend, a collateralized lending system that allows buyers to purchase NFTs using a buy-now, pay-later (BNPL) method. According to Blur, the lending system will not charge borrowers or lenders any fees. However, this announcement has ...
