Odaily Planet Daily News đ OpenSea announced on the X platform that it had received a Wells notice from the U.S. Securities and Exchange Commission (SEC). In response, OpenSea was shocked by the SEC's actions to threaten creators and artists, and said it was ready to stand up and fight for the industry. đȘ
To help ensure that creators continue to create without fear, OpenSea announced that it intends to provide $5 million to pay legal fees for NFT artists and developers who received the Wells notice. đšđŒ This move shows OpenSea's firm support for the creator community and also injects a shot in the arm for the industry.
Despite market turmoil, Bitcoin remains strong and continues to attract investor attention. đ