OpenSea Temporarily Disables Features While Contract Migration Completes By Cointelegraph

©Reuters. OpenSea temporarily disables features while contract migration is complete

The one-week window OpenSea gave users to migrate their non-fungible token (NFT) offerings ends today. Following the deadline, the platform announced that some features of the site may be temporarily unavailable due to the migration.

On February 19, OpenSea launched a new smart contract and urged users to start migrating their NFT offerings from the old contract to the new one. The NFT marketplace mentions that the update brings new features, such as bulk listings and more descriptive signatures, while also ensuring that all inactive offers expire.

However, hours after the announcement, the platform reported phishing attacks that led to some users losing their NFTs. After this, the OpenSea team launched an investigation to find out what happened. Devin Finzer, co-founder of OpenSea, urged affected users to contact his support team.

Read the full article on Cointelegraph

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