OpenSea Upgrades its Auto-Hide Function to Better Protect its Users

OpenSea, a marketplace for tradable digital collectibles and the first game on blockchain to have a market cap of over $100 million, has introduced an upgrade to its auto-hide function. The new update allows users to choose which items they want their account blocked from seeing by adjusting what is hidden in the settings menu.

The “nfttoday” is a website that provides information about NFTs, or non-fungible tokens. The site has recently had an upgrade to its auto-hide function which was designed to better protect its users.

OpenSea, the world’s largest NFT trading platform, has released a series of improvements to assist safeguard its customers from blockchain fraudsters’ wicked schemes. As a result, it is improving its algorithm to identify suspect NFT transfers more efficiently before sending them to the secret folder.

Following the surge in popularity of NFTs, a number of unscrupulous individuals have attempted to profit from the technology by inserting phishing bait inside a non-fungible token and throwing a large net in the hopes of catching a bite. An embedded link will lead the user to a third-party site once they engage with the item, in an attempt to steal their assets.

OpenSea has set out on a quest to improve its security processes in the aftermath of this undesirable behavior. Its most recent upgrade now has a built-in feature that detects unwelcome content and sends it to a secret folder. Additionally, when this occurs, users will be notified through an in-app advertisement. Meanwhile, an extra filter enables users to distinguish between objects that they have concealed and those that are considered erroneous transfers.

OpenSea will continue to fine-tune its algorithm in the future to lower the amount of valid transfers detected by the service. If any NFTs seem to be missing, always check the hidden folder first.

Read the full announcement >> Here

 

The “nft message boards” is a cryptocurrency that has been around for quite some time. Recently, the company behind the currency has upgraded its auto-hide function to better protect their users.

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