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Ebay’s Web3 Division Reportedly Lays off 30% of Its Employees


Recently, Ebay, the e-commerce behemoth, implemented significant changes within its Web3 division. These changes resulted in a 30% reduction in the division’s workforce and the departure of a pivotal employee. Among those affected by this restructuring is David Moore, the founder of Knownorigin,...

V3V Ventures acquires Metaverse.sg amid NFT market resilience


V3V Ventures acquired Metaverse.sg. The strategic move is being hailed as a strong sign for the NFT market since it has not been doing well in recent times. The acquisition is reported to be valued at around $3 million as a sign of the quality of contribution that Metaverse.sg has made in...

Here’s the Latest NFT News Today


Get your daily, bite-sized digest of NFT news today – investigating the stories flying under the radar among the latest NFT news. Top NFT news today, February 21, 2024: NFT Market Data Studio 369 Announces MetalCore’s Closed Beta with Rewards for NFT Holders Following a $39M Airdrop, Optimism...

Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop


The fourth airdrop from Layer 2 Ethereum network Optimism distributes $41 million in OP tokens to prioritize digital artists, acknowledging their work and contribution to the blockchain. The post Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop appeared first on Cryptonews

Challenges encountered by NFT Gaming platforms during crypto integration


The integration of NFT with gaming platforms greatly facilitates the segment’s growth. Players were quick enough to identify that having non-fungible tokens in the ecosystem brings the possibility of owning a piece of a digital item. Plus, digital representation made it more desirable. Hence...

Binance to Discontinue Leveraged Token Trading and Subscription Services


Binance has announced the end of support for leveraged token trading and subscription services. The move leaves investors seeking alternative leveraged trading options within the crypto exchange. Binance is shifting focus, launching USDC-margined ORDI Perpetual Contracts on its Futures...

Azuki Is Among Top Sales Volume Gainers Today + More NFT News


Top NFT news today, February 19, 2024: The Azuki collection is among the top performers per sales volume over the past 24 hours, Arcade announces an airdrop, and Yuga Labs acquires Proof. NFT Market Data Over the past 24 hours, the non-fungible token (NFT) sales volume is up 23% to $46,077,452....

Sotheby’s EtherRock Auction Closes Wednesday, Expected to Fetch Over $600K


Sotheby’s, the 279-year-old British auction house, is expected to close the sale of an EtherRock (EthRock) non-fungible token (NFT) on Wednesday, in a sealed bid auction. The decentralized prediction market website Polymarket reflects that there is a 57% chance that the EtherRock NFT will sell...

Yuga Labs acquires Moonbirds NFT brand, PROOF


Yuga Labs, a leading Web3 media and lifestyle company, which is also the creator of CryptoPunks, 10KTF, and Meebits and the creator of TwelveFold, Otherside, and Bored Ape Yacht Club, acquired PROOF, which includes the PROOF Moonbirds, Collective, Grails, and Mythics exhibition series....

Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick


Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team...

New WWE Collection Hits the Shelves + More NFT News


Top NFT news today, February 16, 2024: Panini reveals its latest WWE digital trading card collection, Unique Network announces a grant with a $250,000 prize pot, and NFT art will be displayed at a Paris exhibition. NFT Market Data The non-fungible token (NFT) market is quite green today. The sales...

YouTuber KSI Accused of Pump-and-Dumps + More NFT News


Top NFT news today, February 15, 2024: ZachXBT and Coffeezilla accuse KSI of pump-and-dumps, Pandora’s sales volume over the month is nearly double that of Ordinals, and Pudgy Penguins floor price flies high. NFT Market Data The non-fungible token (NFT) market sales volume is just slightly down...

Empire State Building launches Avalanche NFT utilizing Uptop


Uptop, an established Web3 loyalty and reward platform, devised an exceptional idea to enhance the Empire State Building, the iconic landmark of New York, earlier this year. The inexperienced portmanteau scheme, which is founded on NFTs and managed by ESRT, an industry-leading responsible managing...

Shiba Inu unveils Sheboshis, a new collection of 10,000 NFTs


Shiba Inu recently announced the next addition to its ecosystem: Sheboshis, a collection of 10,000 NFTs running on the Ethereum network. With distinctive traits, the NFTs have garnered popularity on Rarible and OpenSea already. The NFTs are currently offered for 0.1651 ETH with 7.3186 ETH...

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