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Yuga Labs Announces Layoff Citing Global Economic Circumstances

CEO Daniel Alegre relayed the news to the team, underlining the move’s need. Yuga Labs’ worldwide staff is preparing for the possibility of structural changes. The...

 Polygon Dominates With Over 50% NFT Market Share

Polygon houses 50% of all NFTs, showing its market dominance. Ethereum and Polygon NFTs face 41% sales drop in the past month. In the dynamic realm...

Founder’s Packs for WAGMI Games Arriving on OpenSea -September 27th

The Founder’s Packs will be released on September 27th exclusively through NFT marketplace OpenSea, according to the community-powered Web3 entertainment franchise WAGMI Games. Gadget-Bot, the design...

NFT Marketplace OpenSea Reportedly Alerts Users of Security Breach

OpenSea is concerned that information relating to API keys may have been compromised. The marketplace recommends that consumers stop using old API keys and create...

Stoner Cats NFT Floor Price Surges After U.S SEC Action

The Stoner Cats’ floor value was about 0.0189 ether until the SEC stepped in. There are 10,420 Stoner Cat NFTs in total, which were originally...

Magic Eden Embraces Solana’s cNFTs Offering Affordable Option

Solana’s state compression is the engine behind cNFTs. Hosting NFTs off-chain may have certain advantages, but it also presents some difficulties. As a more affordable and...

ZTX Shows the Power of Real Utility by Attracting 200K New Users in a Single Day 

Onboarding users and an insufficient number of builders are some of the key challenges for Metaverse and Web3 space. Followed by its virtual airdrop, ZTX...

SEC Charges Creator for Unregistered NFT Sales Amidst Market Struggle

The entire NFT market had its lowest weekly transaction volume in the preceding 2 years. The firm’s unregistered sale of NFTs violated the Securities Act...

NFT Firm Recur Announces Shut Down of the Web3 Platform

Recur had started out on a grand push with Hello Kitty and Friends last July. The firm would be gradually removing essential functionalities from its...

Yuga Labs Parts Ways With OpenSea Over Creator Royalties

The notification states that until February 29, 2024, creator royalties will be mandatory. Royalties will no longer be required for new collections after August 31,...

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