NFT sales drop to 12-month low amid cryptocurrency slump
The appeal of NFTs (non-fungible tokens) appears to have dropped off. After enjoying a period of near-meteoric popularity, the value of NFT sales has been decimated over the past six months.
NFT sales for June 2022 were a little over $1 billion, compared to a peak of $12.6 billion at the start of the year. The drop in interest takes NFTs to their lowest level in a year, and it comes as the cryptocurrency markets have suffered a period of extreme volatility and price drops.
NFT marketplace OpenSea confirms customer data leak
Popular NFT marketplace OpenSea has started issuing emails to its users warning them of a leak of customer data.
OpenSea says that an employee of its email delivery vendor, Customer.io, abused their position to access and share email addresses with an unauthorized third party. The company has not given an indication of the number of users affected by the data breach, but has warned of an increased risk of phishing attacks. With the number of active users of OpenSea reported to be around 2 million -- and this does not include people who have just signed up for a newsletter -- the potential impact is huge.