OpenSea has announced additional security features to help consumers avoid NFT scams

By    20 Jun,2022

The new feature will hide questionable NFT transfers from view on their marketplace automatically.

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OpenSea, one of the most popular cryptocurrency firms, has recently come under criticism for using stolen and plagiarized nonfungible tokens (NFTs).


In response to the increasing amount of NFT frauds, OpenSea has announced the release of a new function that would automatically hide questionable NFT transfers from view on their marketplace. This will help to safeguard users from fraud and guarantee that only authorized transactions are visible.

According to a blog post published on Monday, the new feature will automatically conceal questionable NFT transactions in order to solve key trust and safety concerns on OpenSea.


OpenSea has recently focused on increasing platform trust and safety. According to a recent blog post by the project’s co-founder and CEO Derin Finzer, the NFT marketplace will make significant investments in a variety of important areas for trust and safety, including theft prevention, IP infringement, scaling review and moderation, and reducing critical response times in high-touch settings.


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