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Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of the market share. Blur NFT
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Following the claim period, the collection quickly shot to the top of the leaderboard on secondary marketplace OpenSea. As of Tuesday afternoon, the collection had the highest 24-hour trading volume on OpenSea at 996 ETH (over $1.3 million) and amassed a total trading volume of 7,437 ETH (about $9.9 million).
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Nonfungible token (NFT) marketplace OpenSea has been banning artists and collectors from Cuba, citing United States sanctions as the key reason behind its action.According to a report published by Artnet, 30 artists and collectors have been banned from the popular NFT marketplace until now. The most noted artist to face the
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As nonfungible tokens (NFTs) became more popular, bad actors who constantly try to exploit users within the space have become more active. Now, a new hack involving a feature on the NFT marketplace OpenSea threatens NFT holders through phishing sites. In an announcement, anti-theft project Harpie warned NFT users of a
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Magic Eden, a Solana-based nonfungible token (NFT) marketplace, has become the latest platform to release a tool allowing creators to enforce royalties on their collections.It follows the announcement of a similar tool from rival NFT marketplace OpenSea in early November.According to a Dec. 1 statement, the open-source royalty enforcement tool
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In September, OpenSea announced it would be expanding support for additional blockchains and languages to retain its standing as the world's largest NFT marketplace. Currently, the platform supports NFTs from Ethereum, Polygon, Klaytn, Solana, Arbitrum, Avalanche and Optimism. Source
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Crypto collectibles and nonfungible token (NFT) marketplace OpenSea announced plans to integrate BNB Chain on Seaport Protocol by the end of Q4 2022. The integration will allow users to buy, list and trade BNB Chain NFTs on the OpenSea marketplace.BNB Chain was built by Binance to operate as a Web3-focused
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NFT marketplace OpenSea has announced it will continue to enforce royalties across all collections going forward, following an outcry from creators earlier this week for considering otherwise. On Nov. 7, OpenSea announced they were launching an on-chain tool allowing creators to enforce royalties for any new collections on the platform but
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“The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk. Original Source
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The on-chain tool will blacklist collections from being resold on marketplaces that don’t enforce royalties and will only apply to new collections listed on the platform. Source
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