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OpenSea News and Articles


NFT marketplace OpenSea to lay off 20% of employees


OpenSea will cut 20% of its staff, co-founder and CEO Devin Finser said in a letter to the team. He attributed the massive layoffs to "an outstanding combination of crypto winter and across-the-board macroeconomic volatility." “We need to prepare the company for a possible long...

OpenSea data leak

NFT Marketplace OpenSea Suffered a Data Breach


Top NFT platform OpenSea has warned customers of possible phishing attacks after reporting a data breach. OpenSea announced the news, saying that the leak happened as an employee of the company's email vendor took advantage of their employee access to download and share email addresses...

OpenSea employee

Former OpenSea Executive Accused of Insider Trading


An ex-employee at the popular NFT platform OpenSea, Nate Chastain, is accused of fraud and money laundering. Each of these counts carries a max sentence of 20 years. However, a judge's sentence is yet to come. According to an announcement by the US Attorney's Office for the Southern District of New...

Jack dorsey

NFT of Jack Dorsey's first tweet put up for sale for $48M


Twitter Founder Jack Dorsey's first tweet in the form of an NFT was posted on OpenSea for 14,969 ETH. Its owner, Bridge Oracle founder Sina Estavi, intends to donate at least $25 million to charity if sold. Estavi can earn at least 1555%. At the time of writing, no users have applied to purchase....


OpenSea Adds Support for Solana-Based NFTs


The OpenSea marketplace has integrated support for Solana NFTs released on the blockchain in beta mode with “limited collection coverage.” At the end of March, the team promised to start the process with Nyan Heroes and Turtles. Currently, OpenSea supports 865,000 tokens from 165 NFT...

OpenSea NFT hack compensation

OpenSea Returns Funds To Affected Users From the Hack


Leading NFT marketplace OpenSea announced compensating users that suffered from the recent bug exploit. Funds worth $1.8 M was returned to the users. It was detected on January 24 that a hacker found a front-end vulnerability. Exploiting the bug, the hacker withdrew around 332 Ethers, worth around...

OpenSea NFTs hack

OpenSea was Hacked for 332 Ethers Worth Around $780.000


The largest NFT marketplace OpenSea was hacked. The blockchain security platform Peckshield, reported that there was a front-end vulnerability, exploiting which the hacker managed to gain 332 Eths valued at about $780.000 at current prices. The estimations of Peckshield are based on data from...

OpenSea Series C

OpenSea Closed Series C Investment Round With $300 M Raised


Leading NFT marketplace OpenSea revealed raising $300 M in the Series C investment round. Currently, the company's market value stands at above $13.3 bln. Investment companies Paradigm and Coatue led the round. In the published blog post, OpenSea says there were also new and exciting investors...

Brian Roberts OpenSea

Brian Roberts Left His Position at Lyft and Joined OpenSea


Ex Chief Financial Officer of the ridesharing services company Lyft, Brian Roberts joined leading NFT marketplace OpenSea. Brian Roberts is the first CFO of the NFT platform. In his interview with Bloomberg, Roberts said although he loves Lyft, the decision of resignation became easier taking into...

Bored Ape

OpenSea daily sales doubles due to interest in Bored Ape Yacht Club


On November 14, daily sales on the OpenSea platform reached a maximum of $ 117.8 million in five weeks. One of the drivers was the tenfold increase in sales of the Bored Ape Yacht Club NFT collection. According to CryptoSlam, on November 14, traders entered into deals with NFT depicting "bored...


A license plate with NFT was put up for sale for 5888 ETH in US


The state of California sells a physical license plate with the letters "MM" paired with an NFT that is on display on the OpenSea marketplace. The cost of the kit is 5888 ETH. In 2017, local authorities allowed license plate owners to resell them. In California, two to seven characters...


OpenSea NFT Marketplace Trading Volume Exceeds $3B


Over the past 30 days, the NFT-centric OpenSea platform has had a trading volume of $ 3.11 billion. During the month, the marketplace recorded more than 195,000 unique users who made 2.22 million transactions. According to Dune Analytics, in August the marketplace's trading volume exceeded the...

OpenSea $1 B trading volume

OpenSea Saw $1.22 B in Trading Volume in the Last 30 Days


Popular NFT platform OpenSea set records in the previous 30 days. On August 17, the market’s co-founder and CEO Devin Finzer informed the community that the platform's trading volume surged to $1 M this month. OpenSea just hit $1B in trading volume for the month of August so far.And it's...

NFT trading volume

Last Week Was Record-Breaking For NFT Markets


The trading volume of NFT markets along with average prices have gone up to new highs over the previous week, especially during the weekend. According to data provided by the dapp analytics platform DappRadar,the NFT marketplace OpenSea reached $35 M traded volume on July 31 and $49 M on the next...

OpenSea attracts $100 M

NFT Marketplace OpenSea Raised $100 M in Series B


Peer-to-peer NFT marketplace OpenSea has attracted $100 M in a Series B funding round headed by Silicon Valley venture capital firm Andreessen Horowitz (a16z). We're expanding! Announcing our $100M raise and $1.5B valuation, led by @a16z 💫 OpenSea is also now cross-blockchain. NFTs that you...

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