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NFT Marketplace OpenSea Adds Support For Abstract Network

OpenSea, one of the largest non-fungible token market platforms, has successfully added support for the Abstract blockchain network. This integration now gives its crypto users a good chance to mint top Abstract-based NFT collections, including the Abstract Pepes and Abstract Punks NFT collections. The OpenSea NFT marketplace now supports nearly twenty blockchain networks on its platform. Abstract NFTs Go Live On OpenSea Marketplace In a May 14 blog post, the OpenSea NFT team confirmed adding support for the Abstract blockchain network on its platform. This integration came just a few months after the NFT market platform added support for the Ronin, an Ethereum Virtual Machine (EVM) blockchain network created by Sky Mavis, the NFT company behind the popular Axie Infinity non-fungible token game. Where cultural relevance meets community.@AbstractChain NFTs and tokens are now live on OpenSea. pic.twitter.com/BaThDyGW4G — OpenSea (@opensea) May 13, 2025 Launched in 2017, OpenS...

Can Web3 save social media?

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Join Our Telegram channel to stay up to date on breaking news coverage The venture arm of cryptocurrency behemoth FTX is funding something dubbed Lens Protocol, a new blockchain tool aimed at social media that allows users to endow an NFT with identity-related characteristics. The concept is that by using the NFT, you may maintain control over your privacy and data while hopping between several Web3 social networking platforms with a single identity. This is a popular concept in the world of cryptocurrency and it makes sense. There is a common perception that the current social media paradigm is flawed; right-wing partisans scream that awakened tech overlords are censoring them, while left-wingers worry that social media is fueling a wave of hate and conspiracy theories. Meanwhile, users on both sides are usually tired of Twitter’s daily dose of performative preening and dunks, as well as how Facebook has turned into a virtual Walmart. It makes sense that cryptocurrenc...

Polkadot Founder Gavin Wood Steps Down as CEO

Polkadot’s co-founder Gavin Wood is leaving his chief executive officer (CEO) role at Parity Technologies, a blockchain infrastructure company, Bloomberg reported on Oct. 21. According to the report, Wood would remain the company’s majority shareholder while also retaining his role as the chief architect . JUST IN: Polkadot $DOT founder Gavin Wood steps down as CEO. — Watcher.Guru (@WatcherGuru) October 21, 2022 Parity co-founder Björn Wagner will take over as the CEO. Speaking on the development, Wood said, “the role of CEO has never been one which I have coveted (and this dates back long before Parity), I can act at being a CEO well enough for a short while, but it’s not where I’m going to find eternal happiness.” Wood played an active role in developing the second-largest crypto asset by market cap, Ethereum. According to available information, he served as the blockchain network’s chief technology officer. He later...