ChainCatcher news, according to Cointelegraph, two OpenSea users have accused the NFT trading platform OpenSea of selling unregistered securities, but they abandoned the proposed class action after a judge allowed the company to seek arbitration.On November 7, Anthony Shnayderman and Itai Bronshtein filed a voluntary motion to withdraw their securities lawsuit against Ozone Networks (operating under the name OpenSea) in federal court in Florida. Previously, Judge Cecilia Altonaga had permitted OpenSea to file a motion to compel the two to arbitrate in an order last month.OpenSea insists on compelling the two users to arbitrate and claimed in an October filing that they agreed to its terms of use, which state that all claims will be resolved by an arbitrator— including whether the claims should be arbitrated in the first place. In the October filing, the NFT marketplace added that it "intends to take swift action to compel the plaintiffs to arbitrate their claims in the agreed forum" and will appeal any dismissal by the court, thereby staying the case.

ChainCatcher message, the NFT trading platform Element replied on the X platform that, as the largest NFT market on ZKsync, the platform has not received any ZK token airdrop.

ChainCatcher news, according to the Korea Daily, Bithumb's metaverse company Bithumb Meta's NFT trading platform NAEMO Market will cease operations on June 30.Nemo Market was launched in August 2022. Since the end of last year, NAEMO Market has essentially stopped operating.Bithumb Meta is laying off most of its employees, including the main developers of Nemo World, and is undergoing restructuring.

ChainCatcher message: According to the DappRadar Dapp Industry Report released in April 2024, Magic Eden's trading volume reached $486 million, surpassing Blur by $108 million, making it the number one NFT trading platform. The report also highlighted changes in the NFT market conditions, with total trading volume in April dropping to $1.35 billion, a 13% decrease from the previous month, while sales increased by 20%.

ChainCatcher news, GenAI NFT trading platform KNexus has officially launched. This platform integrates AI productivity with blockchain technology, unlocking the potential of creators, protecting their rights, injecting vitality into the NFT market, and building Web3 infrastructure.It is reported that the project is incubated by KNN3 Network, focusing on GenAI NFTs, and providing services such as listing, model training and fine-tuning, AI NFT generation, issuance, and derivative creation. It introduces an advanced AI drawing engine to provide high-quality image generation, while also supporting co-creation with Web2 IPs, utilizing blockchain technology to ensure intellectual property rights, and bridging Web2 and Web3, helping AI creators to circulate GenAI content globally and earn rewards.Currently, KNexus is collaborating with multiple Web2 IPs and Web3 NFT projects for co-creation and derivative creation, enriching creative scenarios and creating creative opportunities.

ChainCatcher news, NFT trading platform Tegro has completed a seed round financing with a valuation of $100 million, with participation from Polygon Ventures and a number of private investment institutions. The specific amount of financing has not yet been disclosed.Tegro supports users in conducting bulk NFT transactions on Ethereum, Polygon, and other EVM-compatible chains, while also providing trading tools and technical services. The company revealed that it will announce some "major partnerships" and community-focused "airdrop activities" in the coming months. (source link)

ChainCatcher news, Read2N V1 was released over 4 months ago, and Read2N V2 has been launched today. Read2N V2 utilizes AGI technology for multilingual translation of literary works, adding features such as multilingual switching for books and free reading of public domain books.It is reported that Read2N is a literary work distribution platform + content asset exchange, helping literary creators issue copyright governance NFTs and providing NFT trading/rental services. So far, it has achieved multilingual global distribution for over 50 literary works, with a cumulative transaction volume exceeding 10,000 BNB (3.2 million USD).

ChainCatcher message, NFT marketplace Magic Eden announces the launch of Magic Eden AMM, allowing users to act as buyer LP, seller LP, and bilateral LP. The current Maker fee is 0 (until further notice), and all liquidity pools have a 1.3x fee multiplier (with a $50,000 prize pool). All fee multipliers will be sent to liquidity pool providers. (source link)

ChainCatcher message, the NFT trading platform Blur tweeted that some cheating activities to boost scores can be easily detected on-chain. All cheaters will be filtered out starting from Season 2. Most on-chain analysis will be conducted at the end of Season 2, but to improve user experience, wallet address filtering will begin in the coming weeks. "(source link)

According to ChainCatcher news, data released by blockchain research firm Messari shows that from March 1 to April 20, over a period of about 2 months, the number of unique users on Ethereum network NFT trading platforms dropped from approximately 28,000 to only around 5,000, a decrease of about 85%.Messari stated that this data clearly indicates that "professional" trading platforms, whether Blur or Opensea Pro, do not have a significant impact on long-term activity in the market. (Source link)

ChainCatcher news, Element has integrated the Layer2 protocol zkSync. Element founder Wang Feng tweeted, welcoming zkSync's NFTs, DEX, domains, social, dApps, and games to collaborate with Element.zkSync is a Layer2 protocol for scaling Ethereum payments and smart contracts, and it is the technical solution adopted by the team Matter Labs, which builds Ethereum's ZK Rollup scaling solution.Element is a community-driven aggregated NFT trading market that provides users with high liquidity, low fees, powerful trading tools, and smart and instant data services.

ChainCatcher news, according to Cointelegraph, the National Institute for Research and Development in Informatics (ICI Bucharest) in Romania aims to promote the adoption of Web3 in the country by launching an internal NFT trading platform. The institutional NFT platform, named ICI D|Services, will go live on April 26 and is designed to establish connections between private and public sector institutions and users. The platform primarily serves as an NFT marketplace, allowing public and institutional users to mint, manage, and trade NFTs. (Source link)

ChainCatcher news, AvatarDAO announced its participation in the seed round financing of the music NFT trading platform and all-in-one application Muverse, and established a strategic partnership with Muverse to promote the development of the Web3 music track.It is reported that Muverse is a community-driven music NFT trading platform and all-in-one application that allows music artists, investors, and fans from around the world to participate in frictionless NFT transactions, providing users with gamified interactions, investment, and revenue scenarios, including a rhythm game that combines a revenue model and an NFT exchange that offers ample liquidity to users.AvatarDAO is a venture capital community without GP, initiated by well-known investment institutions and entrepreneurs such as crypto OG, ConsensusLab, MintVentures, and K24Ventures. It is 100% owned, governed, and driven by the DAO community, dedicated to creating a borderless, more beneficial Web3 decentralized venture capital fund.