OpenSea
Crypto Influencer Cooper Turley Creates $10M ‘Coop Records’ Music Startup Fund
The FWB co-founder’s latest creation will act as an incubator, venture capital firm and record label all in one.
An NFT Marketplace Is Letting Buyers Avoid Royalty Payments. Creators Aren’t Pleased
The popular NFT marketplace X2Y2 announced it will no longer make buyers pay royalties on certain NFT purchases, sparking debate on the importance of such payments to the industry.
NFT Markets Aren’t Immune to ‘Spooked’ Buyers: Quadency CEO
NFT platform Opensea saw daily trading volume plummet by 98% since its peak. Quadency founder and CEO Rosh Singh says “people are spooked” by the cascading bankruptcies and liquidity crisis in the broader crypto markets.
Ex-OpenSea Executive Files to Dismiss DOJ Case Alleging NFT Insider Trading
Nathaniel Chastain's motion says NFTs cannot be classified as securities or commodities, a requirement for wire fraud charges.
Pudgy Penguins NFT Prices Surge After Creator Unveils IRL Toys
Selected penguins from the long-standing collection are being turned into physical toys, causing the project’s floor to rise and sales to pump.
NFT Marketplace Magic Eden Announces Ethereum Expansion
Solana-based non-fungible token (NFT) marketplace Magic Eden is integrating Ethereum NFTs, taking another swing at OpenSea and embracing Ethereum’s top heavy NFT ecosystem. "The Hash" hosts discuss the latest in the NFT marketplace rivalry.
OpenSea Lays Off 20% of its Staff Amid Crypto Winter
NFT marketplace OpenSea has laid off about 20% of its staff as it prepares for the possibility of an extended crypto downturn. "The Hash" squad discusses the outlook for digital collectibles and the crypto job market amid an industry-wide wave of layoffs and hiring freezes.
Celsius Reveals $1.2B Financial Hole; Terra Subsidiary Investigated
Celsius reveals $1.2 billion hole in balance sheet. OpenSea cutting 20% of its workforce. Circle’s reserve breakdown shows $13.58 billion cash and $42.12 billion in U.S. Treasurys. ETH2 merger closer as ninth shadow fork goes live. Report says Terra subsidiary used as funds channel for overseas affiliates. Play-to-earn games shifting focus to fun. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast"
OpenSea Lays Off Roughly 20% of Its Staff
CEO Devin Finzer cited an “unprecedented combination of crypto winter and broad macroeconomic instability.”
A Saudi Arabia-Themed NFT Collection Is the Latest Free-to-Mint Hit
The Saudis topped the volume charts in its debut weekend with $7.7 million in sales.
