Tag: OpenSea

The NFT space saw two major developments this week—one signaling relief and the other raising concerns. The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into OpenSea, marking a victory for the marketplace and the broader NFT sector. Meanwhile, Illuvium Labs has cut 40% of its workforce in an effort to speed up […]

OpenSea, the leading NFT marketplace, has officially registered a foundation in the Cayman Islands, fueling speculation about a potential token launch. While the company has yet to issue a formal statement, industry experts suggest the move aligns with the region’s favorable crypto regulations and may signal plans for a major shift in strategy.  OpenSea Cayman […]