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(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.
OpenSea is an American non-fungible token (NFT) marketplace headquartered in New York City.The company was founded by Devin Finzer and Alex Atallah in 2017. [2] [3]OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
Crypto was once a fringe sideshow for the investing public, a concern for D.C. policymakers and a subject of ridicule for top Wall Street figures. That changed in 2024. Crypto's widespread ...
In January 2022, OpenSea raised $300 million in new series C funding, propelling the company's valuation to $13.3 billion. [13] In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [ 2 ]
Aronow clarified that apes were chosen as a mascot for the NFT because of the cryptocurrency phrase aping in, meaning to buy into a new currency or NFT with abandon, risking a significant amount of money. [14] All Seeing Seneca, or simply Seneca, an Asian-American artist, is credited as the lead designer of the artwork featured in Bored Ape ...
Crypto traders are not subject to the same rules on wash sales that investors in other assets are, at least for now. Typically, the IRS disallows any capital loss for transactions where the trader ...
OpenSea later revised its statement to note that 17 users were directly affected, while the other 15 users had interacted with the attacker but had not lost tokens as a result. According to OpenSea, only 17 users actually lost tokens, while 15 others interacted with the attacker but did not lose tokens. Yes
Bitcoin surged to a new record high Nov. 6, riding a wave of optimism from investors who view President-elect Donald Trump’s win as a boost for the crypto market.. In early trading, Bitcoin shot ...
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