Another leading centralized crypto exchange, Kraken, has thrown its hat into the non-fungible token space with the launch of a waitlist for the beta version of a marketplace for this class of digital assets. Kraken’s NFT marketplace According to the official statement released by the exchange, transactions on the NFT marketplace will incur no gas…
MetaMask warned Apple users to be wary of phishing attacks on April 17 after an iPhone user was scammed out of $650,000 worth of NFTs and ApeCoin (APE). According to MetaMask, there is a security issue with the default settings on devices like the iPhone, iPad, and MacBook that allows malicious actors to see the…
Uniswap Labs, the developer behind the world’s largest decentralized exchange (DEX), is launching a code that will allow any website to embed the DEX’s capabilities, Bloomberg News reported. PayPal has employed a similar functionality to grow its presence for decades, while Coinbase currently uses it for some sites. Uniswap’s “swap widget” will allow users to…
After weeks of rumors and speculations, OpenSea — the world’s biggest NFT marketplace — finally gave users access to buy and sell Solana NFTs as part of an initial beta launched on April 7. The moment you’ve been waiting for… @Solana is officially on OpenSea – starting today, with our initial beta!https://t.co/VjhqeGHZxc — OpenSea (@opensea)…
When LooksRare started operating in January, it came with the promise of challenging OpenSea’s dominance in the NFT space. But three months down the line, it seemed to have developed a reputation for wash trading. According to CryptoSlam, about $18 billion or 95% of trading volume on the platform is wash trading. Wash trading is…
Strange things are common in the crypto scene, and the most recent is the sale of a Bored Ape NFT for far below its floor price. The holder of Bored Ape #835 recently sold it for 115 DAI, which amounts to $115 since DAI is a stablecoin pegged to the dollar. The sale has led…
The Ethereum EIP-1559 has now burned 2 million ETH. The burning mechanism, which became active after the London hard fork in August 2021, is part of the effort to keep the token deflationary. As of press time, over $5 billion worth of Ethereum tokens has been burnt at their current value. Over $5 billion ETH…
Another attack on users of the NFT marketplace OpenSea emerged yesterday February 20th. As reported by CryptoSlate, the CEO of the NFT marketplace, Devin Finzer, tweeted that it’s likely a phishing attack and not connected to the platform directly. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge helps…
The dominant Non-Fungible Token (NFT) marketplace OpenSea has delisted the V1 version of the famous CryptoPunks collection after receiving a DMCA (Digital Millennium Copyright Act) notice from Punks’ creators Larva Labs. As OpenSea owns around 90% of the NFT market, the delisting puts a serious limit to where CryptoPunks V1 can be traded. CryptoPunks V1…
With global brands consistently dropping their collections, NFT activity on the dominant NFT marketplace OpenSea, using the Polygon sidechain network, has been on the rise for several months, hitting new record highs in January. Users have been able to trade NFTs on OpenSea over the Polygon network since July 2021, and the option has grown…