Friday, December 8, 2023

HomeCryptoCurrencyNFTNew Listing Manager...

New Listing Manager Of OpenSea After Bug

OpenSea Marketplace for Non-fungible Token (NFT) has introduced a new listing manager, with new  measures, to mitigate a user interface flaw that has resulted in NFTs worth more than $1 million being sold for well below their market value.

Three attackers exploited the flaw to buy popular NFTs at lower prices and sold for huge profits on monday.OpenSea has said that  “this is not an exploit or a bug” but rather “a problem due to the nature of the blockchain.”

OnTuesday the marketplace rolled out a new listing manager, with a dashboard showing all of the inactive listings of user’s, they can cancel each listing with one click there.

In addition to the new dashboard, OpenSea has been reaching out to affected users and compensating them, the spokesperson said, adding that they had not “communicated extensively about the issue” to avoid bringing bad actors to the attention.

Over the next two days, OpenSea will roll out two other features to address the go-to-market issue, the company said. The first feature is that when users transfer NFTs out of wallets where they have an active list, OpenSea will notify them that the NFT in question is an active list, giving users the option to cancel the transfer. The second function is to send an email to the user when the user transfers an NFT to a wallet that has an active listing for that NFT.

Get notified whenever we post something new!

Continue reading

Mastering Trading Patterns: A Comprehensive Guide

In the ever-evolving world of finance, mastering trading patterns is a critical skill that can set you on the path to success. Whether you are a seasoned trader or a newcomer to the world of finance, understanding and effectively...

Mastering Short-Term Trading: Strategies for Explosive Profits

In the world of finance, short-term trading has become an increasingly popular approach for investors looking to maximize returns within a limited timeframe. At Technoguf, we understand the demands of today's fast-paced markets and have curated a comprehensive guide...

How To Factory Reset iPhone: A Comprehensive Guide 

In this comprehensive guide, we will walk you through How To Factory Reset iPhone, step by step. Whether you're looking to troubleshoot issues, prepare your device for resale, or simply give it a fresh start, a factory reset is...