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Later that month, OpenSea reimbursed users about $1.8 million after a user interface bug allowed users to buy more than $1 million worth of NFTs at a discount. [17] [18] On January 27, 2022, OpenSea announced it would limit how many NFTs a user could create using the free minting tool. [19] The following day, OpenSea reversed the decision. [20]
A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. [ 1 ] The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded.
Web3 (also known as Web 3.0[1][2][3]) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics. [4] Some technologists and journalists have contrasted it with Web 2.0, wherein they say data and content are centralized in a small group of ...
Speaker Mike Johnson announced on Wednesday that he is pulling a conservative short-term government funding bill from the House floor amid significant defections on his right flank.
Global electronics company TE Connectivity has agreed to pay $5.8 million to settle with the U.S. Department of Commerce for illegally shipping items to parties tied to Chinese hypersonics, drone ...
BERLIN (Reuters) - Ukraine's incursion into Russia's Kursk region is legitimate and covered by Kyiv's right to self-defence, NATO Secretary-General Jens Stoltenberg told German weekly Welt am ...
MoonPay. MoonPay is a multinational financial technology company involved in the transfer of cryptocurrency. Founded by Ivan Soto-Wright and Victor Faramond [2] in 2019, the company is based in Miami [3] and provides payment infrastructure for cryptocurrency and non-fungible tokens (NFTs) to be bought and sold with fiat currencies. [4]
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