Marketplace | Crypto Profit Bot

Former product manager at OpenSea charged with insider trading

June 1, 2022

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The charges are related to digital collectibles bought and sold on the NFT marketplace in September 2021. 1086 Total views 54 Total shares On Wednesday, United States prosecutors in Manhattan charged Nathaniel Chastain, 31, with insider trading. Chastain is a former product manager at OpenSea, the largest nonfungible token (NFT) marketplace. This will be the […]

OpenSea launches ‘Seaport’ marketplace protocol allowing NFT bartering

May 20, 2022

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“OpenSea does not control or operate the Seaport protocol — we will be just one, among many, building on top of this shared protocol,” said the platform. 2002 Total views 5 Total shares Nonfungible token marketplace OpenSea has announced the launch of a Web3 marketplace protocol for “safely and efficiently buying and selling NFTs.” In […]

Crypto Bahamas: Attendees talk of the future of NFTs

April 27, 2022

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This week, the crypto community headed to Nassau in the Bahamas for the inaugural Crypto Bahamas conference. Like most conferences, panels fill up the agenda and on Wednesday the topics at Crypto Bahamas ranged from nonfungible tokens (NFTs) to crypto in sports and to asset allocation in Web3. During one particular conversation, titled “Evolution of […]

Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTs

April 26, 2022

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OpenSea buys NFT market aggregator Gem In a Monday Twitter post, OpenSea announced it had acquired NFT marketplace aggregator Gem for an undisclosed price. A blog post by OpenSea chief executive officer Devin Finzer stated that the company made this move to improve the experience of its more seasoned, “pro” users. Gem lets traders buy NFTs across various collections […]

Crypto Raiders explains how blockchain gaming attracts new users to Web3

April 11, 2022

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At the height of the nonfungible token (NFT) rally in 2021, Sky Mavis, the creator of Axie Infinity, rolled in like the Trojan horse and coined the term play-to-earn (P2E) for blockchain games. Axie Infinity grew in popularity after amassing a $3 billion valuation and it steadily onboarded millions into Web3. According to Axie Infinity […]

DeFi sector TVL rises as investors return to a bullish crypto market

March 30, 2022

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Decentralized finance token prices have begun to trend higher and the rise in the total value locked across protocols and increasing dApp revenue hint at a potential DeFi revival. 1859 Total views 6 Total shares The month of March has been a tale of two halves for the cryptocurrency market and the weakness seen since […]

GameStop NFT Marketplace now live and powered by Loopring L2

March 23, 2022

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The beta version of GameStop’s NFT marketplace is now available, while the marketplace’s official launch is expected to deploy soon. 3700 Total views 92 Total shares GameStop has confirmed its integration with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol designed for powering decentralized cryptocurrency exchanges, into their highly anticipated NFT marketplace. Adam Browman, Loopring’s […]

Immutable raises $200M to invest in blockchain gaming, bringing valuation to $2.5B

March 7, 2022

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The company’s valuation grew from just $410 million in 2021, reflecting the rapid expansion of the NFT economy. 1266 Total views 30 Total shares Australian NFT trading platform Immutable announced a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek and with participation from Animoca Brands and Tencent. Additional investment from ParaFi […]

NFT projects thrive even as OpenSea trading volumes take a hit

February 24, 2022

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Despite a number of attempted vampire attacks, nonfungible tokens (NFTs) continue to have a strong run on OpenSea, with the number of unique users and transactions increasing. However, the NFT market’s overall volume is falling behind last month’s figure of nearly $3 billion. While there are NFT projects readying to hit the secondary market, it […]

OpenSea smart contract upgrade to delist inactive NFTs on Ethereum

February 19, 2022

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As a part of the planned upgrade, all OpenSea users will need to migrate their existing NFT listings to a new smart contract. 9710 Total views 81 Total shares OpenSea, one of the most popular nonfungible token (NFT) marketplace, has rolled out an upgrade to its smart contract, a proactive measure to weed out inactive […]

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