The OpenSea platform, the main marketing route for NFTs, announced changes to its security policies to combat the sale of stolen products or products suspected of being illegal.

Asset theft remains the top crime in the non-fungible token market. Among the most affected companies is OpenSea, which has been involved in complaints of phishing and other mechanisms used by cybercriminals.

The company is taking steps to combat the trading of stolen assets, including the use of police reports to confirm reports of stolen items within the platform.

OpenSea fights against the trading of stolen assents

OpenSea’s policy adjustments are also aimed at giving users confidence, as in the past some people were penalized for purchasing stolen items, despite not being aware of such irregularity.

In this sense, the company has said that if a complaint is not verified in a period of seven days, it will approve the trading of products again. And if there are stolen items, once they are recovered, it will enable the purchase and sale.

Regarding the fight against the mechanisms most used by cyberattackers for their criminal acts, such as phishing, OpenSea had already implemented the function that allows suspicious transactions to be immediately hidden. From the company they have indicated that this mechanism will also be enabled soon on issues such as copyright theft, ad blocking and fraudulent advertising.

M.Pino

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Source: bit2me

La entrada OpenSea updates its policies for NFT theft apareció primero en Bitfinance.

A report prepared by Coingecko determined that the NFT market has a projection for the next two years of 800,000 million dollars in transactions.

“The metaverse sector is forecast to move close to $ 800 billion over the next two years, with gaming appearing to be the most likely entry point into the NFT market,” the report noted.

The report, which used mostly Asia-Pacific investors, highlighted that out of 871 respondents, some 72% of them already own NFTs, with more than 50 % reporting five or more.

Research shows that investors are projected to grow 43.6 % between 18 and 30 years old and 45.2 % between 30 and 50 years old.

The report revealed that when evaluating NFTs before purchasing, most respondents (38.5 %) were interested in the lowest price, with only 23 % and 21.8 % selecting “strong community” and “artistic value/ attachment”, respectively.

K. Tovar

Source: Cointelegraph

La entrada The NFT will move about 800,000 million dollars apareció primero en Bitfinance.