We’re slowly going from the truth is on the blockchain to the truth is whatever OpenSea lists. Web3 is doing a speed run through how the Web 2.0 era centralized around FAANG. google.com/amp/s/beincrypto.…

$2.2 Million in Bored Ape NFTs Stolen, OpenSea Freezes Transactions

OpenSea has frozen $2.2 million of stolen Bored Apes NFTs after the owner reported the incident. A total of 15 apes and mutants have been stolen.

beincrypto.com
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It’s also fairly obvious that it’s better for the NFT ecosystem if OpenSea ends up being the arbiter of truth for stolen NFTs than if there were say 10 different similarly sized marketplaces with wildly different policies on stolen NFTs. This is how centralization happens.
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Replying to @Carnage4Life
True for security-related issues in general. Simpler and more convenient solutions always win, as long as they’re good enough from a typical user’s perspective

Jan 2, 2022 · 10:55 PM UTC
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