OpenSea Cuts off 20% of its Staff Due to the NFT’s Decline
On Thursday, the non fungible token (NFT) marketplace OpenSea announced huge layoffs, following other crypto firms in cutting employment at one of the most tumultuous...
NFT
Latest news about NFTs
NFTs or Non-Fungible Tokens are pieces of digital art that have their ownership record on the blockchain.
In recent years their growth has been exponential and some are already being sold for several million dollars.
Almost any piece of art can be tokenized and become NFT: Images, Audios, Tweets, game objects, songs, etc.
In this section we will bring you the most important news about NFTs and their expansion.
Hacker Steals $1.4 Million Worth of ETH from Omni, an NFT Lender
Omni, a non-fungible token (NFT) platform was hacked for 1,300 ether (ETH) ($1.43 million) as the hacker exploited the firm’s reentrancy vulnerability protocol, according to...
Three Arrows Capital Supposedly Holds $7.3 Million in NFTs
According to rumors, the NFT collection owned by Three Arrows Capital has a value of about $7.3 million and includes tokens issued by Bored Ape,...
OpenSea Attacked Again: Company’s Data Breached
In the wake of the discovery that an employee of Customer.io, a platform for managing email campaigns, exposed the OpenSea customers’ email list to an...
Cristiano Ronaldo Partners with Binance Crypto Exchange in a Bid to Promote NFTs
Cristiano Ronaldo, a football player, and Binance, the largest cryptocurrency exchange in the world by trading volume, have partnered to promote non-fungible tokens (NFTs)....
eBay Acquires a Leading NFT Marketplace KnownOrigin to empower a New Wave of NFT Creators and Collectors
The e-commerce giant company, eBay has acquired one of the most innovative non-fungible token (NFT) marketplaces called “KnownOrigin.”...
Mastercard has Partnered With NFT Marketplaces to Facilitate Non-Crypto NFT Purchases
Mastercard, the leading payment giant is partnering up with several NFT markets to accept payments across its network for NFT purchases in an effort to...
U.S. Accuses Former OpenSea Employee with NFT Insider Trading
Manhattan federal prosecutors have accused a former product manager at OpenSea, the biggest online marketplace for non-fungible tokens (NFTs), of insider trading. This is the...
Beeple Twitter Account Hacked to Promote Scam
On Sunday, the Twitter account of the non-fungible token (NFT) artist Mike Winkelmann, also known as Beeple, was momentarily hijacked and used to promote a...
Universal Music Group and Limewire Work Together on NFT and Web3 Music Licensing
Universal Music Group (UMG), the music industry behemoth responsible for Taylor Swift, Kendrick Lamar, Maroon5, BTS, and many other well-known artists, has merged with LimeWire...