
NFT Marketplace OpenSea Lays Off Around 50% Of Staff
Leading NFT platform OpenSea has cut around half of its employees as the NFT market remains depressed, with floor prices of major collections falling.
Leading NFT platform OpenSea has cut around half of its employees as the NFT market remains depressed, with floor prices of major collections falling.
Tech billionaire Elon Musk weighs in on NFTs and crypto risks in a captivating Joe Rogan Experience podcast episode.
The ATP partners with digital art platform Artchild to release limited-edition tennis posters that fans can customize into NFTs.
Electronic music artist Steve Aoki partnered with crypto move-to-earn game Stepn to release 300 limited edition digital sneaker NFTs.
Phantom’s introduction of a mobile camera feature for minting NFTs makes blockchain tech more accessible but raises questions about sustainability, valuation, incentives, and education.
Despite a broad crypto rally, the NFT market remains mired in a bear market with floor prices and volumes down.
A Singapore court allowed attaching soulbound NFTs representing a legal freeze order to crypto wallets tied to a hack, pioneered by investigation firm iSanctuary.
The Open Metaverse Alliance has created a working group aimed at upholding NFT creator royalties across marketplaces.
China Daily newspaper, owned by the Chinese Communist Party, plans to launch an NFT and metaverse platform despite China’s ban on crypto transactions.
PayPal has filed a patent for an NFT marketplace after launching stablecoins, indicating interest in crypto and Web3.