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OpenSea Freezes Stolen Bored Apes NFTs valued at $ 2.2M

 


OpenSea has frozen stolen Bored Apes NFTs worth $ 2.2 million. The affected owner lost around 15 apes and mutants in the incident. At the same time, the NFT marketplace has a record trading volume in 2021.


The NFT marketplace OpenSea froze Bored Ape's NFTs valued at $ 2.2 million after the owner reported them stolen . At the moment the purchase and sale of the affected 15 Apes and Mutants NFTs is frozen due to "suspicious activity". For the owner Todd Kramer, the incident was "probably the worst night of his life".


The question now is how secure and decentralized the NFT marketplace OpenSea is at all. There is little information on exactly how the NFTs were stolen and no official update from the platform yet.


NFT marketplace OpenSea reaches record volume


The NFT marketplace OpenSea reached a record trading volume of $ 14 billion in 2021. In 2020, the trading volume on the popular NFT platform was around $ 21.7 million. Thus, the trading volume has increased 646 times within one year.


The growth can also be seen in other figures: The sum of the fees paid to OpenSea currently amounts to 351.6 million US dollars for the entire year 2021. One of the most important for the growth of OpenSea was the Bored Apes project. Since the start of the project, Bored Apes have registered a trading volume of over 280,000 ETH, which is about 1.06 billion US dollars or 6.3% of the total OpenSea volume. However, OpenSea and the Bored Apes NFTs cannot compete with the success of Larva Labs and the CryptoPunk project. This year's trading volume here was over 770,000 ETH, i.e. more than 2.92 billion US dollars.


The NFT trends for 2022

According to Brandessence Market Research , NFT transactions showed 328% growth in the first half of 2021 and the third quarter of 2021: “The growing size of the non-fungible token market due to the increasing number of transactions in the NFT marketplace remains the defining trend of growth. The market entry of large companies such as Microsoft, Home Depot, Tesla, Whole Foods, Starbucks and the increasing attractiveness of tokenization through cryptocurrencies remain an important growth driver. "


And the NFT industry is only just emerging. For the year 2022, we should see some of the currently emerging trends grow more strongly. Including not only the Metaverse division, but also play-to-earn, GameFi and NFT fashion from mainstream companies.


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