By CJ - Crypto Speculator
OpenSea, the world's largest non-fungible token (NFT) marketplace, has announced the purchase of NFT aggregator 'Gem.xyz (Gem)' in order to invest in its "Pro" experience.
Gem.xyz is an NFT aggregator that lets users to buy and sell NFTs on several markets, making it simpler to purchase NFTs at the lower end of the collection's pricing range.
OpenSea is planning to invest in 'Professional' Experience
In order to "better serve" its more knowledgeable consumers, OpenSea stated in a blog post that it had acquired the NFT aggregator. The deal was made a few months after OpenSea purchased the DeFi wallet business Dharma Labs.
The acquisition of Gem would allow OpenSea to "learn from Gem's knowledge and intuition about the advanced NFT community," according to the company.
Gem noted that the merger gives them access to OpenSea's infrastructure and resources, allowing them to speed their expansion, even though the purchase offer was "unexpected." After the acquisition, Gem will continue to exist as a separate brand.
On the other hand, Gem's co-founder was fired for sexual misbehavior, and the purchase was completed shortly after. The individual "has never and will never be linked with OpenSea," according to OpenSea.
As more and more people start becoming familiar not only with buying and selling Bitcoin, but also the utility of NFT’s, the demand for cryptocurrency exchange platforms and NFT Marketplaces is increasing drastically.
If you are thinking of where to buy Bitcoin and other cryptocurrencies, visit a trusted cryptocurrency broker BC Bitcoin. There you can have a chat with one of the experienced team members that could provide you with necessary information to start your NFT voyage.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards