OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch
Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying the company was launching OpenSea 2.0 with a smaller team.OpenSea launched in 2017, when NFTs were an innovation. ...
OpenSea: Navigating the World of NFTs
The advent of nonfungible token (NFT) marketplaces has transformed the digital asset landscape, providing artists with a revolutionary platform to connect directly with their audience. At the forefront of this transformation stands OpenSea, a pioneering NFT marketplace that has redefined our interac ...
‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum
The team behind nonfungible token collection OnChainMonkey is shifting its entire collection of 10,000 NFTs from Ethereum to Bitcoin, in a massive undertaking expected to take several months. "A historical transition is on the horizon as we prepare to migrate our flagship collection, OCM G ...
Nifty News: Adidas unveils resident Web3 artists, Mutant Ape sells for 500 ETH and more…
The Adidas /// Studio, also known as the Triple Stripes Studio, has launched a Web3-based digital artist in residency program to showcase and support budding creators in the NFT space. The program was announced on Aug. 31, and it will officially launch on Sept. 4 via a series of online and ...
NFT project y00ts to return $3M grant as it ditches Polygon for Ethereum
Non-fungible token project y00ts is again switching blockchain networks, only four months after bridging the majority of its NFTs from Solana to Polygon. DeLabs, the NFT firm behind y00ts, announced via its X (Twitter) account on Aug. 9 it will soon be migrating to Ethereum in li ...
Proof-of-truth: Countering AI overreach through Cointelegraph’s Historical NFTs
In the rapidly evolving world of blockchain technology, nonfungible tokens (NFTs) have emerged as an asset class offering a unique opportunity to own many kinds of digital items — both rare and valuable. Since the initial boom of NFTs manifested through the world of collectible digital art (such ...
Nifty News: The Flash goes Web3, Yuga Labs still working hard on ‘audacious’ Otherside project and more…
Warner’s The Flash goes web3, to a lack of applause….Warner Bros.’ NFT unit has unveiled a new Web3 experience for the recently released DC Comics superhero more The Flash, which reportedly flopped at the box office. According to an announcement from Warner Bros. ...
Investors still waiting on $1.9M refund Logan Paul promised six months ago: CoffeeZilla
Investors in Logan Paul’s troubled NFT gaming project CryptoZoo are reportedly still waiting for any specific details on the 1000 Ether (ETH) refund (worth $1.93 million at current prices) that was promised back in January.In a YouTube video posted on June 30, “internet detecti ...
Judge grants Hermès request to halt all ‘MetaBirkin’ NFT sales
French luxury fashion house Hermès International has notched another win in its infringement case against artist Mason Rothschild, after a Manhattan judge ordered a permanent injunction on all "MetaBirkin" non-fungible token sales. Hermès initially submitted the request to th ...
Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite
Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game Fortnite. The move would mark a potentially huge opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more ...
Historic Bitcoin-Purchased Car Auctioned at Bitcoin2023 Conference, Signed by Legendary Bitcoiners
Bidding will end on May 20 at 11 p.m. ET Legendary bitcoiners have also signed on One of them is the CEO of BTC Inc.. and Bitcoin Magazine The first car purchased for 1,000 BTC was put up for sale at the Bitcoin2023 conference. The auction will close ...