Latest news with #OpenSea
Yahoo
2 days ago
- Business
- Yahoo
OpenSea Announces Upgraded Platform, Says SEA Token Airdrop to Come Later
OpenSea, a trading platform for non-fungible tokens (NFTs), officially introduced its OpenSea2 (OS2) upgrade to the wider public after a period in beta. The revamped product now features token trading across 19 blockchains as it continues to pivot from NFTs to the wider crypto market. 'OS2 is the foundation for the next generation of OpenSea,' said Devin Finzer, co-founder and CEO of OpenSea, said in a statement. 'We've rebuilt the platform from the ground up to become the best destination for everything on-chain, from NFTs to tokens, across chains and communities.' The company also announced a revamp of its rewards system that recognizes on-chain activity with so-called XP points. The system, called Voyages, issues XP to users who complete basic activities like sharing a gallery, completing an on-chain swap or buying an NFT. 'Voyages are a clear step toward a more intentional kind of engagement on OpenSea,' said Finzer. 'It's about encouraging people to explore the full range of what the platform can do across chains, assets, and experiences.' Users will eventually be able to use accrued XP to claims the highly anticipated airdrop of SEA, which will be the native OpenSea token. OpenSea's chief marketing officer, Adam Hollander, said in a blog post that he "reads comments every day" in regards to when the token will be released, but insists that the OpenSea Foundation will issue the token in a token generation event (TGE) only once a series of releases are rolled out. "As someone who's spent the last four years trading in the trenches right next to you, I know what it's like to want a $SEA airdrop," Hollander said. "But I also know that this isn't just another TGE — it's the TGE. And getting it right won't just be a W for the Foundation and OpenSea but for our entire space." The company has not set a date for when the token will be released. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
3 days ago
- Business
- Business Insider
This crypto conference took down an 'anti-woke' ad. I went to see what it was like.
The video ad showed "America" at a therapist's office, where the country described its urge to innovate and was met with resistance from a "woke" therapist, who encouraged America to "channel this energy into something more productive, like coming up with a new gender." The ad was so over the top in its culture war stance that the Solana organization pulled the video a few hours later. I was curious: Would the tone of the conference, which was late last week, match the ad? Not really. I was surprised by what I found. I must report that crypto has entered its boring stage. It's no longer the wacky, eccentric, overhyped goofball world of NFTs and hype of a few years ago. Attendees wore normal clothing (OK, there was one guy in a sequin blazer). The crowd was largely male, in their 30s, and had the look of people who had full-time office jobs in tech. A colleague who was considering attending the conference with me lamented that it seemed a far cry from the NFT conventions of a few years ago — no good parties or big musical performances. There weren't gimmicky cartoons or celebrity endorsements. These were serious people who were here to work. With a caveat: The silly NFT and Constitution DAO days weren't that long ago, and even though the crypto industry has matured in certain ways, it's not that far off. At least one person I chatted with who had appeared as a speaker onstage to talk about stablecoins told me he used to work at OpenSea, the NFT trading platform, and still proudly owns a few NFTs. The big topic most of the speakers hit on: stablecoins. Stablecoins are often meant to be tied 1:1 to a fiat currency, like the US dollar. In theory, these are, well, stable (sort of) and intended for use as digital currency rather than a pure number-go-up speculation play. This is very much the hot thing of the moment. Last week, the GENIUS Act, which would create regulations for stablecoins, passed the House and is heading to the Senate. Politics did cast a long shadow on the event. Two New York Democrats gave fireside chats: Rep. Ritchie Torres and Sen. Kirsten Gillibrand talked about regulation, and both mentioned their distaste for President Donald Trump's memecoin. "Trump being involved in crypto is the worst news for this industry," Gillibrand said, to scattered applause. There was also political representation from the other side of the aisle. There was big applause for Bo Hines, who funded his failed 2022 campaign for the 13th congressional District in North Carolina with his own trust fund, and is now working under David Sachs as a sort of deputy crypto czar to Trump. Anthony Scaramucci, a character whose political affiliation is somewhat quixotic, enthused about the speed of crypto transactions compared to his early days on Wall Street. But it shouldn't be a surprise that the politics here weren't black-and-white. Crypto has a way of drawing mercurial ideas out of people that don't fall straight down party lines. Which is why the ad for the event, which espoused the meat-and-potatoes anti-woke viewpoint, seemed so out of place. So, is crypto boring and mainstream now? It almost seemed that way without the over-the-top glitz and pomp of the diamond hands emoji Lamborghini-loving crowd. (The same morning, a little over a mile away from the event, two people were arrested on suspicion of kidnapping and torturing a man to get his bitcoin password.) This has long been a dichotomy in the crypto world: the grounded engineers and business people working on projects with utility vs. the get-rich-quick schemers, crooks, and scammers. The attendees I chatted with were the former type — and they found real use and value in this conference.
Business Insider
4 days ago
- Business
- Business Insider
I went to a crypto conference, and it was nothing like I expected
I wanted to go to the Solana Accelerate conference as soon as I saw the trailer for the crypto confab. The video ad showed "America" at a therapist's office, where the country described its urge to innovate and was met with resistance from a "woke" therapist, who encouraged America to "channel this energy into something more productive, like coming up with a new gender." The ad was so over the top in its culture war stance that the Solana organization pulled the video a few hours later. I was curious: Would the tone of the conference, which was late last week, match the ad? Not really. I was surprised by what I found. I must report that crypto has entered its boring stage. It's no longer the wacky, eccentric, overhyped goofball world of NFTs and hype of a few years ago. Attendees wore normal clothing (OK, there was one guy in a sequin blazer). The crowd was largely male, in their 30s, and had the look of people who had full-time office jobs in tech. A colleague who was considering attending the conference with me lamented that it seemed a far cry from the NFT conventions of a few years ago — no good parties or big musical performances. There weren't gimmicky cartoons or celebrity endorsements. These were serious people who were here to work. With a caveat: The silly NFT and Constitution DAO days weren't that long ago, and even though the crypto industry has matured in certain ways, it's not that far off. At least one person I chatted with who had appeared as a speaker onstage to talk about stablecoins told me he used to work at OpenSea, the NFT trading platform, and still proudly owns a few NFTs. The big topic most of the speakers hit on: stablecoins. Stablecoins are often meant to be tied 1:1 to a fiat currency, like the US dollar. In theory, these are, well, stable (sort of) and intended for use as digital currency rather than a pure number-go-up speculation play. This is very much the hot thing of the moment. Last week, the GENIUS Act, which would create regulations for stablecoins, passed the House and is heading to the Senate. Politics did cast a long shadow on the event. Two New York Democrats gave fireside chats: Rep. Ritchie Torres and Sen. Kirsten Gillibrand talked about regulation, and both mentioned their distaste for President Donald Trump's memecoin. "Trump being involved in crypto is the worst news for this industry," Gillibrand said, to scattered applause. There was also political representation from the other side of the aisle. There was big applause for Bo Hines, who funded his failed 2022 campaign for the 13th congressional District in North Carolina with his own trust fund, and is now working under David Sachs as a sort of deputy crypto czar to Trump. Anthony Scaramucci, a character whose political affiliation is somewhat quixotic, enthused about the speed of crypto transactions compared to his early days on Wall Street. But it shouldn't be a surprise that the politics here weren't black-and-white. Crypto has a way of drawing mercurial ideas out of people that don't fall straight down party lines. Which is why the ad for the event, which espoused the meat-and-potatoes anti-woke viewpoint, seemed so out of place. So, is crypto … boring and mainstream now? It almost seemed that way without the over-the-top glitz and pomp of the diamond hands emoji Lamborghini-loving crowd. (The same morning, a little over a mile away from the event, two people were arrested on suspicion of kidnapping and torturing a man to get his bitcoin password.) The night before I attended, Trump held a dinner for top holders of his memecoin, where the crowd was reportedly somewhat disappointed by his brief speech and the mediocre food. This has long been a dichotomy in the crypto world: the grounded engineers and business people working on projects with utility vs. the get-rich-quick schemers, crooks, and scammers. The attendees I chatted with were the former type — and they found real use and value in this conference. But as a mere fly on the wall, I kind of wanted a little more of the latter group, just for the entertainment.
India Gazette
22-05-2025
- Sport
- India Gazette
Khelo India Beach Games 2025: Maharashtra's Diksha Yadav clinches double gold in open sea swimming
Diu (Daman and Diu) [India], May 22 (ANI): Maharashtra's Diksha Yadav continued her exploits at the inaugural Khelo India Beach Games, sweeping both gold medals on offer in the Open Sea Swimming event. The 19-year-old from Maharashtra, picked up the yellow metal in both 10km and the 5km events at the Ghoghla Beach, Diu on Thursday morning. In the men's 5km open swim for men, Karnataka's Drupad Ramakrishna won gold, according to the SAI Media Release. Diksha, who has fallen in love with long-distance swimming, started playing when she was in class 10, training at the Balewadi Stadium in Pune. This is just her second year in open water swimming, having been inspired by the accomplished American swimmer Katie Ledecky. 'The double gold at KIBG 2025 is an achievement for all the practice I have undergone before coming here,' said Diksha after her 5km victory on Thursday morning. She recorded a time of 1 hour, 10 minutes and 12 seconds en route to her gold, as quoted from the SAI Media Release. This was also her first time challenging the Arabian Sea. 'The water was calm, and there wasn't much difficulty. This Khelo India platform will help a lot going forward. Now I am focusing on getting the international selection this year and winning a medal for India at the World Championship open swimming category,' Diksha Yadav added. In the men's 5km open swim, Karnataka's Drupad Ramakrishna recorded a time of 1 hour, six minutes, and 46 seconds to win the gold. However, the class 10 student is looking for more in his career, and the medal at the Khelo India Beach Games is just a pit-stop. 'I have more competitions to go and more years to perform. I am hungry for more medals,' said the 15-year-old Dhrupad. 'At the Basavanagudi aquatic centre in Bangalore, we train continuously for 1-2 hours to adjust to sea swimming. Therefore, there is not much difference between there and here. Just that there are more waves here,' he added. Results: 5km open Men: 1. Drupad Ramakrishna (Karnataka) 1:06:46; 2. Gundu Vishnu Vardhan (Telangana) 1:06:58; 3. Hemanth A (Tamil Nadu) 1:07:41 Women: 1. Diksha Yadav (Maharashtra) 1:10:12; 2. Purva Gawade (Maharashtra) 1:10:25; 3. Aasra R Sudhir (Karnataka) 1:10:29. (ANI)
CNBC
24-04-2025
- Business
- CNBC
FBI says Americans lost a record $9.3 billion to crypto crime in 2024: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin holds its ground at the $93,000 level after multiple days of gains. Plus, Coinbase gets rid of fees for purchases of PayPal's stablecoin on its platform. And, Devin Finzer, CEO of OpenSea, breaks down what changing U.S. regulations mean for the NFT market.
