OpenSea Massive Data Breach Sparks Fears Among NFT Traders
What are NFTs
July 5, 2022Key Takeaways
- OpenSea, the world’s largest and most popular NFT marketplace, revealed that a Customer.io employee misused their access to download & share the email addresses of OpenSea’s user base with an unauthorized party. If you have shared your email with OpenSea in the past, chances are your information has been compromised.
- OpenSea manager Nathaniel Chastain was charged with insider trading by the FBI, one of the most insidious white-collar crimes, and one of the first instances of conventional laws applied to punish bad actors in the NFT space. He was in charge of hand-picking the NFT projects that’d get featured on OpenSea’s homepage, allowing him to manipulate the market. Learn more here.
- Meta, Microsoft, Nvidia, Sony, Unity Software, and several other tech giants have created a group to develop the infrastructure for a Metaverse. Unlike other gaming or social Metaverses, this one is an interoperable Metaverse. The group has been labeled the Metaverse Standards Forum.
Highlights
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- Facebook has started to test NFTs with specific creators.
- NFTs used to give futuristic appeal to Art Basel fair in Switzerland.
- CryptoKicks sneaker sold for $134,000.
- Solana-based NFTs surpass Ethereum in numbers.
- NFT sales drop to lowest of the year due to crypto meltdown.
- BlivClub has adopted Goblintown NFTs as its unofficial mascot.
- Splinterlands has released Splinterlands TV on Twitch.
- Web2 Gaming Platform Giant Buff Collaborates with MonkeyLeague
- Tag Heuer to allow wearers to show NFTs right on their wrists.
- Meta developing a Metaverse Wallet as social media giant implements NFTs.
Top Artists
The following table shows top artists (by primary sales volume on each platform) and their art samples.
CryptoPunks. 30-day sales volume: ETH 3,225.58
Otherdeed for Otherside. 30-day sales volume: ETH 22,294
Bored Ape Yacht Club 30-day sales volume: ETH 37,209.92
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