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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Tornado Cash developer Roman Storm warns open-source developers of retroactive prosecution, NFT marketplace OpenSea pivoting to a multi-asset exchange. Meanwhile, Ondo Finance is urging…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Tornado Cash developer Roman Storm warns open-source developers of retroactive prosecution, NFT marketplace OpenSea pivoting to a multi-asset exchange. Meanwhile, Ondo Finance is urging…
OpenSea CEO Devin Finzer says the platform isn’t abandoning NFTs but expanding into a universal onchain trading hub. OpenSea CEO Devin Finzer has rejected claims that the company is pivoting away from non-fungible tokens (NFTs), saying instead that the marketplace is “evolving” into a universal platform to trade every type of onchain asset. In a…
Pudgy Penguins shut down rumors of an OpenSea buyout, calling the speculation unnecessary and pointing instead to growing brand partnerships. Pudgy Penguins has denied speculation that it acquired NFT marketplace OpenSea, following a wave of social media chatter suggesting a deal may have closed as early as December 2024. In a Saturday post on X,…
Adam Hollander told Cointelegraph that the number of weekly unique collectors on OpenSea has increased by 40% since January. Non-fungible token (NFT) marketplace OpenSea has launched its new platform, OS2, concluding its beta phase. The company said the updated platform allows full token trading across 14 blockchains, including support for fungible tokens on Solana. It…
The ending of enforcement actions against several crypto firms, indicates a changing tide when it comes to crypto regulation, says Finzer. The Securities and Exchange Commission’s (SEC) enforcement approach on crypto firms has left a lasting “regulatory overhang” within the industry, according to Devin Finzer, co-founder and CEO of OpenSea. Speaking to Cointelegraph, Finzer said…
NFT sales volumes reached $1.5 billion in the first quarter of 2025, a 61% decline compared to the same period in 2024. Non-fungible token (NFT) marketplace OpenSea has regained its position as the leading platform for digital collectible trading, even as overall market activity declined. Data tracker NFTScan shows that OpenSea has held the top…
OpenSea’s lawyers argue NFT marketplaces should be exempt from SEC regulation, as they don’t fit the definition of a broker. Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws. The SEC needs to “clearly state that NFT marketplaces like OpenSea do not…
This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles. Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying the company was launching OpenSea 2.0…
The lawyer representing Ryder Ripps and Jeremy Cahen struggled to convince a panel of judges that Yuga Labs’ case against his clients should be thrown out under California’s anti-SLAPP statute. Nonfungible token (NFT) artist Ryder Ripps’ most recent attempt to dismiss the Bored Ape Yacht Club-related lawsuit against him appears to have fallen on skeptical…