Skip to content
March 30, 2023
  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • VK
  • LinkedIn
thecryptoloud.com

thecryptoloud.com

Just another WordPress site

  • News
  • Bitcoin
  • Mining Tools
    • Mining Software
    • Cloud Mining
    • Mining Hardware
  • Exchanges
    • Bittrex
  • Crypto Prices
  • Crypto Coins
    • Bitcoin (BTC)
    • Litecoin (LTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Tron (TRX)
    • New Economy Movement (NEM)
  • Advertise
Watch Online
  • Home
  • News
  • Opensea freezes nfts of 2.3m dollars of stolen Bored Apes
  • News

Opensea freezes nfts of 2.3m dollars of stolen Bored Apes

admin February 6, 2023 3 min read
opensea NFTS 2.3m

Read all about the recent event where OpenSea froze NFTs of 2.3m dollars to protect the NFT market and the artists behind the work. So what’s the full story? what really happened? and why opensea did this?

I have checked and read a lot of stuff regarding this and here’s the full crux that will crystal clear about the opensea NFTS 2.3m news and reveal the reality behind it.

As you know guys, the world of Non-Fungible Tokens (NFTs) has been buzzing with excitement lately. NFTs are unique digital assets that represent ownership of a specific item, such as an artwork, music, or video.

But this excitement was tempered recently when it was announced that OpenSea, the largest NFT marketplace, had frozen $2.2 million worth of Bored Apes NFTs, which had been stolen. In this article, we’ll take a closer look at what happened and why OpenSea took this action.

The Stolen Bored Apes NFTs

Bored Apes is a collection of NFTs created by the artist “Crypto Mutant“. It features apes in various poses, each with its own unique attributes. These NFTs have become highly sought after and have sold for substantial amounts of money.

However, in January of 2023, it was discovered that some Bored Apes NFTs were stolen and were being sold on the OpenSea marketplace.

OpenSea Takes Action

OpenSea is committed to maintaining the integrity of the NFT market and protecting the artists behind the work. So, when they discovered the stolen Bored Apes NFTs being sold on their platform, they took action. It froze the accounts of the individuals who were selling the stolen NFTs and prevented them from being able to sell or transfer the stolen items.

This move by OpenSea has been praised by many in the NFT community, as it demonstrates their commitment to protecting the artists and the market. It also sends a strong message that theft and fraud will not be tolerated in the NFT space.

What Does This Mean for the Bored Apes NFTs and the Market?

The freezing of the stolen Bored Apes NFTs has had a significant impact on their value. As the NFTs can no longer be sold or transferred, they have become effectively worthless. This has been a blow to the individuals who purchased the stolen NFTs, but it is a positive step for the overall NFT market. By taking action against theft and fraud, OpenSea is helping to maintain the integrity of the market and protect the value of legitimate NFTs.

Frequently Asked Questions

  1. What is the Bored Apes collection?

The Bored Apes collection is a series of NFTs created by the artist “Crypto Mutant”. Each NFT features an ape in a unique pose and has its own unique attributes. The collection has become highly sought after and has sold for substantial amounts of money.

  1. Why did OpenSea freeze the stolen Bored Apes NFTs?

OpenSea froze the stolen Bored Apes NFTs to protect the artists behind the work and maintain the integrity of the NFT market. By preventing the stolen NFTs from being sold or transferred, OpenSea is helping to protect the value of legitimate NFTs.

  1. What does this mean for the value of the stolen Bored Apes NFTs?

As the stolen Bored Apes NFTs can no longer be sold or transferred, they have become effectively worthless. This has had a significant impact on their value and has been a blow to the individuals who purchased them.

Would like to check more updates on the opensea NFTS 2.3m freeze case?

I have searched a number of sources for you. So if you would like to know more or would like to cross check each and every fact then you can visit the below given referenced websites and let other know about it!!

  • Ref Link 1: https://cointelegraph.com/news/opensea-freezes-2-2m-of-stolen-bored-apes
  • Ref Link 2: https://beincrypto.com/2-2-million-bored-ape-nfts-stolen-opensea-freezes-transactions/

Continue Reading

Previous: How Did Blockchain Technology Influence the Financial Industry?
Next: Bitcoin spac 1.25b Primeblock q4ashrafcoindesk

Related Stories

MetaMask warns crypto users of new ‘address poisoning’ scam MetaMask warns crypto users of new 'address poisoning' scam
3 min read
  • Crypto
  • News

MetaMask warns crypto users of new ‘address poisoning’ scam

February 8, 2023
Bitcoin spac 1.25b Primeblock q4ashrafcoindesk Bitcoin spac 1.25b primeblock q4ashrafcoindesk
2 min read
  • News

Bitcoin spac 1.25b Primeblock q4ashrafcoindesk

February 7, 2023
How Did Blockchain Technology Influence the Financial Industry? How Did Blockchain Technology Influence the Financial Industry?
6 min read
  • News

How Did Blockchain Technology Influence the Financial Industry?

January 23, 2023

Recent Posts

  • 5 pro tips when starting to invest in NFTs
  • 10 Things You Should Know Before Investing in Cryptocurrencies
  • MetaMask warns crypto users of new ‘address poisoning’ scam
  • Bitcoin spac 1.25b Primeblock q4ashrafcoindesk
  • Chipotle bitcoin code reddit

Recent Comments

No comments to show.

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • September 2022
  • August 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021

Categories

  • Bitcoin
  • Bitcoin (BTC)
  • Crypto
  • Crypto Coins
  • Cryptocurrency
  • Ethereum (ETH)
  • Guides
  • Mining Hardware
  • Mining Software
  • Mining Tools
  • News
  • Solana
  • Tips & Tricks
  • Trends
  • UBX

Trending News

5 pro tips when starting to invest in NFTs 5 pro tips when starting to invest in NFTs 1

5 pro tips when starting to invest in NFTs

March 24, 2023
10 Things You Should Know Before Investing in Cryptocurrencies 10 Things You Should Know Before Investing in Cryptocurrencies 2

10 Things You Should Know Before Investing in Cryptocurrencies

March 2, 2023
MetaMask warns crypto users of new ‘address poisoning’ scam MetaMask warns crypto users of new 'address poisoning' scam 3

MetaMask warns crypto users of new ‘address poisoning’ scam

February 8, 2023
Bitcoin spac 1.25b Primeblock q4ashrafcoindesk Bitcoin spac 1.25b primeblock q4ashrafcoindesk 4

Bitcoin spac 1.25b Primeblock q4ashrafcoindesk

February 7, 2023
Chipotle bitcoin code reddit 5

Chipotle bitcoin code reddit

February 7, 2023
What is Hiveon pool payout threshold Hiveon pool payout threshold 6

What is Hiveon pool payout threshold

February 6, 2023
Opensea freezes nfts of 2.3m dollars of stolen Bored Apes opensea NFTS 2.3m 7

Opensea freezes nfts of 2.3m dollars of stolen Bored Apes

February 6, 2023

Connect with Us

  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • VK
  • LinkedIn

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

You may have missed

5 pro tips when starting to invest in NFTs 5 pro tips when starting to invest in NFTs
3 min read
  • Tips & Tricks

5 pro tips when starting to invest in NFTs

March 24, 2023
10 Things You Should Know Before Investing in Cryptocurrencies 10 Things You Should Know Before Investing in Cryptocurrencies
5 min read
  • Cryptocurrency

10 Things You Should Know Before Investing in Cryptocurrencies

March 2, 2023
MetaMask warns crypto users of new ‘address poisoning’ scam MetaMask warns crypto users of new 'address poisoning' scam
3 min read
  • Crypto
  • News

MetaMask warns crypto users of new ‘address poisoning’ scam

February 8, 2023
Bitcoin spac 1.25b Primeblock q4ashrafcoindesk Bitcoin spac 1.25b primeblock q4ashrafcoindesk
2 min read
  • News

Bitcoin spac 1.25b Primeblock q4ashrafcoindesk

February 7, 2023
  • Facebook
  • Twitter
  • Instagram
  • Email
  • Advertise With Us
  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • VK
  • LinkedIn
Copyright © All rights reserved. | DarkNews by AF themes.