OpenSea Denies Former Employee’s Involvement in AnubisDAO Rug Pull Following Social Media Accusations
OpenSea, a nonfungible token (NFT) platform, has denied any knowledge of its former employee Kevin Pawlak's involvement in the AnubisDAO rug pull in 2021. NFT Ethics and Lookonchain had accused Pawlak, who allegedly used the pseudonym 0xSisyphus, of hyping the AnubisDAO project to investors and laundering the proceeds through the memecoin Pepe.
OpenSea Launches "No-Code Hub" to Simplify NFT Creation and Drop Process Amid Deteriorated Market
OpenSea, the world's former top NFT marketplace, is launching a "no-code hub" to simplify the NFT creation and drop process for artists. The hub will allow creators to mint tokens without any third-party assistance or experience working with blockchain. OpenSea's new studio will replace "lazy minting" and allow users to choose from most of the blockchains compatible with the marketplace.
OpenSea: A Problem With the Allow List Logic on the Platform Caused Some Wallets To Break the BlockGames Minting Limit
On September 23rd, OpenSea, an NFT marketplace, announced on the X platform that there was a logical issue with the whitelist during the BlockGames minting period yesterday. This allowed certain wallets to bypass the expected minting restrictions. Currently, OpenSea is working with the BlockGames team to support their upcoming refresh release next week.
OpenSea Plans to Launch Creator Studio in the Coming Weeks
On September 20th, OpenSea, an NFT marketplace, announced that they will launch a creator studio in the coming weeks. This studio will include basic no-code tools, such as launching community minting and sending minted items directly to wallets. Over the next few months, more features will be added to the creator studio, including ways to add richer content to collection pages.
Former OpenSea Manager Sentenced to Prison for Insider Trading Opts to Serve While Appeal is Pending
Nathaniel Chastain, a former product manager at OpenSea, has chosen to serve his three-month prison sentence for insider trading while his appeal is pending. Chastain withdrew his application for bail pending appeal and will self-surrender by November 2, as per the court's previous order.
