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Opensea Marketplace Announces New Security Features to Protect Users From NFT Scams

OpenSea has announced a new feature that will automatically hide any suspicious NFT transfers from view on the marketplace to prevent scams. OpenSea, one of the most used NFT marketplaces, has recently been criticized fo...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Opensea Marketplace Announces New Security Features to Protect Users From NFT Scams

OpenSea has announced a new feature that will automatically hide any suspicious NFT transfers from view on the marketplace to prevent scams. OpenSea, one of the most used NFT marketplaces, has recently been criticized for stolen and plagiarized NFTs. Due to the increase in the number of NFT scams and thefts, the popular NFT marketplace has announced the launch of a new feature which will hide suspicious NFT transactions from view on the marketplace.

This new feature will help protect users from falling victim to scams while ensuring that only legitimate transactions are visible to users. ...

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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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