The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend. Crypto companies, including crypto exchanges, venture capital firms and blockchain developers, have been forced to reduce headcount in order to stay nimble amid the bear market. Some, however, have done the opposite, opening up offices in new locations and markets. It comes a few weeks after multiple high-level executives, such as OpenSea’s former chief financial officer, Kraken’s co-founder Jesse Powell and Ripple Labs’ engineering director, have all made headlines for either exiting or stepping down from their roles in the space. Stripe cuts around 1,000 staff Patrick Collison, CEO of payments processor Stripe...
NFL fans at large will now be able to get their hands on digital keepsakes of their favorite football stars after Dapper Labs’ NFL All Day NFT finally opened to the public after a seven-month-long closed beta. On Aug. 18, The National Football League (NFL), the NFL Players Association (NFLPA), and Dapper officially launched the project and announced the first public NFT drop, a pack of four NFTs dubbed “Headliner” consisting of four different new player moments. Users will have the chance to get their hands on NFTs depicting popular players such as Tom Brady, Trevor Lawrence, Javonte Williams, and Jalen Ramsey. There will be a total of 22,500 packs on sale for $59 a pop. The NFTs come in different rarity tiers of common, rare and legendary, with just 187 packs containing a highly sought af...
The founder of the $723.5 million Azuki NFT project who goes by “Zagabond” online caused a sh*tstorm yesterday after revealing that they had previously worked on three noabandoned NFT projects. After facing strong backlash from the NFT community, they have since apologized for their “shortcomings.” The three projects in question are Tendies and CryptoPunks copycats CryptoPhunks and Cryptozunks. Zagabond suggested all three had failed due to a lack of community support , and other factors such as team members leaving or high gas fees on Ethereum (ETH). After releasing the blog via Twitter, most replies were in support of Zagabond’s honesty on the trial and error path that led to Azuki NFTs, however other sections of the NFT community weren’t as pleased. Really don’t understand all the...
NFT developer Dapper Labs launched the UFC Strike nonfungible token (NFT) marketplace on Feb. 18, contributing to a 50% increase in NFT sales on the Flow blockchain over the last 24 hours. Dapper Labs is the company behind NBA Top Shot, CryptoKitties, and the Flow blockchain. UFC Strike, another product from the firm, is a collection of NFTs based on fighters and moments from the Ultimate Fighting Championship (UFC). Now, fans can trade their NFTs in the UFC Strike Marketplace dedicated to the collection. The UFC Strike Marketplace is Now Open Buy and sell iconic Moments from the Octagon, with fight fans across the globe. Start your journey today.https://t.co/R2SyiRsoag pic.twitter.com/yxCLjcrFwM — UFC Strike (@UFCStrikeNFT) February 18, 2022 The new launch has helped Flow climb to third p...