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As a reminder, OpenSea is the flagship brand in the NFT world and early last year raised a $300 million Series C round at a $13.3 billion valuation. It would be a miracle if its value is even half ...
(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.
Launched in 2017, OpenSea is the leading NFT marketplace. While trading volumes have collapsed, the platform is well placed for a comeback. Everything You Need to Know About OpenSea
OpenSea is an American non-fungible token (NFT) marketplace headquartered in Miami. The company was founded by Devin Finzer and Alex Atallah in 2017. [1] [2] OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
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] In April 2023, the net worths of both founders were estimated to have fallen to less than $600 million each following a steep decline in OpenSea's ...
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
Apple has repurchased a market-leading $700.6 billion worth of its common stock since the start of 2013 and reduced its outstanding share count by 42.2% in the process. A lower corporate tax rate ...
The estimated value of the stolen tokens is more than $1.7 million. According to OpenSea, only 32 users had been affected. 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. [2