Yuga Labs, the $4 billion startup behind the Bored Apes Yacht Club and other prominent NFT projects, announced Friday that it has restructured the company and eliminated certain roles as a result, leading to layoffs, Decrypt reported. In a team…
Nathaniel Chastain, a former head of product at OpenSea, was sentenced to three months in prison and fined $50,000 on Tuesday, according to Inner City Press, The Block reported. Chastain, 31, was a “first time offender” and had a “potentially…
On Monday afternoon, as pointed out by Parker Molloy, CNN ended its big Web3 project by announcing, “We have decided that it’s time to say goodbye to the Vault by CNN.”, The Verge reported. Parker Molloy tweeted: “Just saw that…
Starbucks announced Starbucks Odyssey, a new experience powered by Web3 technology that will offer Starbucks Rewards members and Starbucks partners (employees) in the United States the opportunity to earn and purchase digital collectable assets that will unlock new benefits and…
GameStop fired its top executive and other layoffs at Game Informer. An article on Game Informer, posted on July 8, 2022, stated that GameStop “which is in the process of pivoting its business around crypto” fired one of its top…
I’ve seen people on Twitter, who are into cryptocurrency and who have those hexagon shaped avatars (that they had to pay for), praise the blockchain. There appears to be a widely held concept that the blockchain is safe because it…
Ubisoft recently launched Ubisoft Quartz, which would enable Ubisoft to add NFTs into (at least some of) their games. The Ubisoft Quartz website specifically mentions Tom Clancy’s Ghost Recon Breakpoint, which the company chose to start putting NFTs into. It…