According to Ether.Fi, on July 18th, the largest digital marketplace by trading volume, OpenSea, has halted the trading of its NFT stake with Ether.
CEO Mike Silagadze stated in a statement posted on Medium as follows:
“We have launched ether.fan, an NFT collection supported by staked ETH. With all our efforts, the event has been a resounding success. In total, we minted 3,000 NFTs in just one day with over 6,200 ETH staked.”
It seemed like this positive news would come to an end, bringing new motivation to the community on the exchange. However, Silagadze’s subsequent disclosure surprised many people.
“We encountered an unexpected issue where all the listings on OpenSea disappeared, while the new listings seemed to be disabled. The platform did not receive any notification or warning, and the collection was inexplicably disabled.”
It was reported that immediately after discovering the issue, the platform banned all transactions related to the NFT collection.