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Wednesday, April 5, 2023

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Up only resumed, Geckos?

OpenSea has just announced its latest product, known as OpenSea Pro.

Built as an improved version of NFT marketplace aggregator Gem V2, OpenSea Pro will feature more advanced tools for traders and is currently offering 0% platform fees.

Users who have purchased an NFT using Gem before March 31st will also be eligible to mint a limited-edition NFT to commemorate the launch.

In today's news, Sentiment is not looking too good, ID tokens are coming to Base Network, and a couple of Arrows are ready to fire once more.

Read on!

NFT Holders have Mixed Views on NFT Regulation

Slightly less than half of NFT holders want to see stricter regulation, while 22% prefer the way things are now, and 29% are sitting out of this debate, according to a recent survey.

This is despite the NFT holders being generally aware of the risks involved – around 7 in 10 NFT holders are careful to DYOR before buying into projects. (Of course, there is also the 1 in 10 degen who doesn't.)

Read more here!

24h Hot Searches Worldwide

Arbitrum (+7.0%)
XEN Crypto (+31.4%)
MangoMan Intelligent (-12.1%)
Stargate Finance (+16.2%)
Pendle (+29.6%)
Dogecoin (-2.2%)
Radiant Capital (+0.9%)

Optimistic vs ZK rollups: Which is better for scaling Ethereum's network?

Watch this video as we compare these two game-changing rollups 📜.

Tap here to watch!

Sentimental over Stolen Funds

Sentiment, an Arbitrum-based undercollateralized lending platform, was exploited for over $500,000 in USDC yesterday, which was then bridged over to Ethereum through the Synapse bridge.

Although users suspect that the exploiter may have conducted a reentrancy attack, further investigation revealed that the protocol deployer's private key might have been compromised.

Cointelegraph

SBTs are Based

Identification platform Masa Finance will be bringing its soulbound tokens, otherwise known as SBTs, to Coinbase's official Layer-2 Rollup, Base Network.

The SBTs will enable users to associate on-chain credentials to their wallet addresses, allowing for credit underwriting and uncollateralized lending.

According to the team, an official Base SBT Developer Toolkit will be launched in the coming weeks.

Cointelegraph

OPNX is Open for Business

Founded by the partners of Three Arrows Capital, Kyle Davies and Zhu Su, their brand new crypto exchange, OPNX, is finally open to the public.

Along with the official launch of its exchange, OPNX also announced a giveaway of the exchange's native token, FLEX, to eligible members of the community.

The Block

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What is zkSync? Today, we look at the trustless Layer 2 solution and how it offers cheaper and faster transactions.

Find out more about zkSync and zero-knowledge here.