OpenSea to cut 20% of its staff

OpenSea to cut 20% of its staff

The news comes shortly after other large cryptocurrency companies announced mass layoffs due to market conditions The news comes shortly after other large cryptocurrency companies announced mass layoffs due to market conditions NFT marketplace OpenSea has said it will cut 20% of its staff due to the “crypto winter” and “broad macroeconomic instability”. A tweet […]

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Thefts, fraud and lawsuits at the world’s biggest NFT marketplace

Thefts, fraud and lawsuits at the world’s biggest NFT marketplace

Chris Chapman used to own one of the most valuable commodities in the crypto world: a unique digital image of a spiky-haired ape dressed in a spacesuit. Chapman bought the non-fungible token last year, as a widely hyped series of digital collectibles called the Bored Ape Yacht Club became a phenomenon. In December, he listed […]

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Yuga Labs’ rare Otherside virtual land sells for .5 million

Yuga Labs’ rare Otherside virtual land sells for $1.5 million

A virtual land in the Otherside metaverse has been sold on an NFT marketplace called X2Y2 for $1.5 million. ‘Otherdeed #59906’, the eighth rarest virtual land piece from Yuga Labs’ Otherside was bought by a user that goes by the name ‘n0b0dy. eth’ for 625 Ethereum. It should be noted that the seller that goes […]

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