OpenSea faces criticism for promoting the dormant Fatzuki NFT collection, sparking concerns about the platform's due diligence. The controversy, marked by a sudden surge in Fatzuki's value and echoes of past scandals, raises questions about OpenSea's motives, especially amid recent staff layoffs and the project's questionable activity since July 2023.
JixuSerious allegations implicating Kevin Pawlak, the former head of OpenSea Ventures, in pump and dump schemes have been gaining traction.
KikyoOpenSea has taken a proactive stance in addressing the security of its users' API keys following revelations from Nansen regarding a potential compromise of customer data stemming from a security incident.
CatherineChastain, 31, who had no previous criminal record and was seen as having "a potentially bright future", received this verdict from a U.S. District Court judge in the Southern District of New York.
SnakeA federal judge has rendered a verdict in the case of Nathaniel Chastain, OpenSea’s former product manager, culminating in a three-month prison sentence. The charges stem from his involvement in wire fraud and money laundering.
CatherineStarting from August 31, artists who launch new projects on OpenSea will no longer be able to impose creator royalty fees on buyers.
DavinThe Bruce Lee Foundation will establish a Web3 presence for the late, legendary martial artist and actor thanks to a new partnership with Shibuya, an NFT-driven video platform.
decryptIn the face of fierce competition from its new rival-Blur, OpenSea, announced today that it will temporarily waive its 2.5% sales fee and reduce creator royalty protection.
Coinlive The two companies said that creating environmentally friendly NFTs will be one of the main focuses of their future collaboration.
CointelegraphArchie Comics is one of the first major comic book companies to launch its characters into Web3, and its inaugural NFT collection is inspired by The Chilling Adventures of Sabrina.
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