Blur launches P2P NFT lending protocol

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Blur reveals additional 300M token airdrop to loyal users

Ad Non-fungible token (NFT) marketplace Blur said it would distribute additional 300 million tokens to loyal users during the second season of its airdrop. Blur previously airdropped 300 million tokens to its early users on Feb. 14. How to qualify for Blur’s “Season 2” airdrop The marketplace said the “Season 2” of its airdrop would…

OpenSea’s Ethereum gas usage has declined to almost zero

CryptoSlate’s analysis of gas consumption on the Ethereum (ETH) network based on transactions interacting with non-fungible tokens contracts showed that OpenSea’s gas usage has declined to almost zero. The analysis included token contract standards (ERC721 and ERC1155) and other NFT marketplaces like LooksRare, Rarible, and SuperRare. Source: Glasnode According to the above chart, overall gas…

Pumping Parrots NFTs see 753% increase in sales volume with pyramid scheme model

Pumping Parrots  NFT collection is in the news due to its marketing strategy, which many have described as a pyramid scheme. Unlike most NFT collections that market their utilities, Pumping Parrots markets itself as a pump-and-dump opportunity for collectors to make money before the merge. “The rules are simple: Flip your NFT at 2X. If…

Celsius reveals customer data breach by vendor’s employee

Embattled crypto lender Celsius Network has revealed via email that some of its customers’ data were breached by an employee of Customer.io. Announcement from Celsius: “We are writing to let you know that wewere recently informed by our vendorhttps://t.co/452EROQtbc that one of their employeesaccessed a list of Celsius client emailaddresses held on their platform andtransferred…

Crypto winter touches OpenSea, sacks 20% of staff

Leading non-fungible token marketplace OpenSea CEO Devin Finzer has revealed that the crypto firm laid off about 20% of its staff on July 14. Today is a hard day for OpenSea, as we’re letting go of ~20% of our team. Here’s the note I shared with our team earlier this morning: pic.twitter.com/E5k6gIegH7 — Devin Finzer…

OpenSea experiences email data breach, warns users of phishing scams

OpenSea, the world’s largest NFT marketplace, suffered an email data breach that would affect the majority of its customers. An employee of Customer.io, an email vendor contracted by OpenSea, reportedly misused their access to download and share email addresses with an unauthorized external party. The company said that the email addresses users and newsletter subscribers…

Ex-OpenSea exec faces up to 20 years in prison over NFT insider trading

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A former executive of OpenSea, Nate Chastain, faces up to 20 years in jail after being charged with wire fraud, money laundering and his alleged use of privileged insider information to enrich himself during his time at the leading NFT marketplace….

Azuki floor price tanks after founder reveals link to 3 failed NFT projects in 2021

The founder of the Azuki non-fungible token (NFT) project, Zagabond, has revealed that he was behind three unsuccessful NFT projects before creating Azuki.  In a blog post titled “A Builders Journey,” he pointed out that the lessons he learned from the three projects helped him build Azuki into what it is today. CryptoPhunks, Tendies and…

Coinbase’s NFT marketplace is not getting the entry it expected

After opening its NFT marketplace to a selected number of users last month, all Coinbase users will now have access to the platform, according to an announcement released by the firm. IT’S ALL HAPPENING! We’re super excited to announce we’re opening @Coinbase_NFT Beta up to everyone. Go set up your new profile now → https://t.co/yBSzpEo7Ar…