OpenSea

The NFT sector has not yet returned to the glory of its 2022 heyday, but that hasn’t stopped the evolution of the tech. For instance, OpenSea has partnered with the…

OpenSea’s partnership with Coachella is a sign that NFTs can be more than profile pictures

The NFT space has lost a lot of its sparkle over the past few years, but that hasn’t stopped some founders, investors and projects from trucking along in hopes of…

OpenSea takes the long view by focusing on its UX even as NFT sales remain low

OpenSea’s big journey right now is to make bigger bets with key Web 2.0 and web3 creators or brands, the platform’s chief business officer said

OpenSea’s next journey is to help Web 2.0 brands get into web3

The NFT market may be finding its footing again as the market on the Ethereum blockchain surpassed $1 billion for the first time since May 2022.

Ethereum NFT marketplace passes $1B in volume for first time since May as the creator royalties war heats up

Today at TechCrunch’s crypto-focused event in Miami, OpenSea CEO Devin Finzer discussed his business and the future market for non-fungible tokens. The digital assets, better known by the acronym “NFTs,”…

Can gaming resurrect the NFT market? OpenSea thinks so

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There’s still juice in the NFT market despite very real downturn

What does OpenSea’s trading volume look like these days? Are other data points trending differently?

There’s still juice in the NFT market despite very real downturn

The NFT market is worth tens of billions of dollars and saw rapid growth throughout the crypto bull run. NFT exchange OpenSea, led by CEO and co-founder Devin Finzer, emerged…

OpenSea CEO Devin Finzer discusses staying on top of a turbulent NFT market at TC Sessions: Crypto

The CFOs from OpenSea, Brex and Noom are changing teams. Here’s what that says about executive turnover in the high-growth startup world.

Are CFOs OK? (Answer: Yes, but CEOs? That’s complicated)

OpenSea has launched natively on the layer-1 blockchain, Avalanche, both firms exclusively told TechCrunch.

OpenSea launches NFT marketplace on Avalanche

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Show me the utility!

At some point you begin to wonder if we’re seeing more hope than reality in terms of use cases for NFTs.

Show me the utility!

Few startups in the crypto world boast the market dominance that OpenSea currently enjoys, but numerous venture-backed startups are looking to chip away at their…

Magic Eden looks to challenge OpenSea’s NFT dominance

Asia’s crypto games and web3 investment powerhouse Animoca Brands is making inroads into Japan as its local unit picks up $45 million in financing at a $500 million pre-money valuation.…

Animoca Brands’ Japan unit raises $45M at $500M valuation for NFT push

Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday…

How many Coinbases is FTX worth?

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$10B crypto developer platform Alchemy buys coding bootcamp in first-ever acquisition

Web3 developer infrastructure startup Alchemy, which last raised a $200 million Series C1 last February, has just made its first acquisition ever — and it’s in the education space. The company purchased education startup ChainShot, which runs coding bootcamps for aspiring web3 developers, Alchemy co-founder and CEO Nikil Viswanathan told TechCrunch…

$10B crypto developer platform Alchemy buys coding bootcamp in first-ever acquisition

Welcome back to Chain Reaction. Last week, we talked about a hack that gave new, ironic meaning to the word “trustless.” This week, we’ll get…

Why Twitter anons are sending crypto to celebrities

New NFT use cases stretch from gaming to music, and Solana co-founder Raj Gokal says he sees enough startup activity focused on those areas to feel optimistic about the digital…

Solana co-founder says NFTs have ’50 different use cases’ that can onboard millions this year

Cross-chain messaging protocol Nomad has become the target of crypto’s latest nine-figure attack after hackers abused a “chaotic” security exploit to steal almost $200 million in digital assets. Nomad, a…

Hackers abuse ‘chaotic’ Nomad exploit to drain almost $200M in crypto

It seemed doubtful that the period of hype that gave us endless Bored Ape derivatives would last forever. But what’s next?

What will it take to reignite the NFT market?

Welcome back to Chain Reaction. Last week, we looked at a crossover episode for meme investing. This week, we’re talking about Musk dumping tokens while holding onto others. You can…

The Dogefather sends his regards

A former product manager at Coinbase has been arrested, the U.S. Justice Department announced Thursday, after being charged in a cryptocurrency insider trading scheme related to the listing of new…

The SEC takes a long-feared position in Coinbase insider trading suit

After a lengthy crypto bull run, the startups and projects in the space are reining in expectations and settling in for a long-haul crypto winter. It’s been a particularly tough…

Get ready for a lot of dead DAOs

Animoca Brands, the Hong Kong-based gaming company and the investor behind web3 big names like The Sandbox, Sky Mavis, Dapper Labs and OpenSea, just got a talent boost. Alan Lau,…

Former Tencent insurance boss joins web3 powerhouse Animoca Brands
Crypto

GameStop looks to diversify its meme money

Welcome back to Chain Reaction. Last week, we looked at web3 without Web 2.0’s winners. This week, we’re looking at a crossover episode for meme…

GameStop looks to diversify its meme money

Despite a significant depression in crypto markets, plenty of top players have been hesitant to say that the good times are over for the time being, but as NFT marketplace…

NFT marketplace OpenSea lays off 20% of its staff: ‘We have entered … crypto winter’

After flagging concerns over the financial risks associated with non-fungible tokens, some of China’s authorities are putting forward guidance on how to best make use of the novel technology. The…

Shanghai gives nod to NFT trading platforms

Bearish sentiment in the crypto markets has trickled down to the NFT subsector.

Despite falling NFT sales volume, there’s more underlying strength to the market than you’d think

All valuations are hypothetical, so bear that in mind the next time you’re reviewing an offer letter.

TechCrunch+ roundup: Overinflated valuations, equity crowdfunding, SCOTUS v. climate tech

The web3 faithful will note that the NFT market goes up and down, and as it is down today, it will go up again. That may be true, and it…

OpenSea’s $13B valuation doesn’t make sense as NFT trading volumes plunge

Update (July 8, 12:15 PM IST): Opensea vendor consumer.io revealed today that customer data of five other companies were also compromised. While the firm didn’t name these clients, it said…

NFT giant OpenSea reports major email data breach

Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and tattoos and booze and fun. If you…

Formerly rich NFT buyers party through the pain