OpenSea Introduces Additional Security Features to Keep Consumers Safe From NFT Frauds!

OpenSea, one of the most popular cryptocurrency firms, has lately come under criticism for using stolen and copied NFT’s. The business has introduced a new tool that would automatically conceal suspicious NFT’s transactions on its marketplace. This will assist to safeguard users from fraud and guarantee that only authorized transactions are shown. In addition, OpenSea has formed a specific moderation staff to handle review and moderation. In the future, it will deploy critical auto detection technology to address copyright problems and other fraud vectors. On Tuesday, the OpenSea CEO tweeted that, like getting an undesired email, it is possible to receive NFT’s transfers from people you do not know.