In recent market developments, Ethereum has encountered a decline in its price despite reaching its highest value in over two years. Nevertheless, this temporary setback didn’t deter a significant transaction in the realm of non-fungible tokens (NFTs). A CryptoPunksNFT recently changed hands for more than $16 million worth of ETH, marking one of the most…
In a surprising turn of events, multinational coffee giant Starbucks has announced the discontinuation of its highly anticipated NFT reward program, Starbucks Odyssey. Launched in late 2022 as a closed, invite-only beta, Starbucks Odyssey aimed to pioneer a new era of engagement with its loyal customers through digital collectibles and Web3 integration. However, after months…
In a recent announcement, the popular NFT marketplace OpenSea revealed that it would be reducing its workforce as it prepares to launch OpenSea 2.0 with a more streamlined team. The co-founder and CEO, Devin Finzer, shared this news on social media platform X (formerly Twitter), stating that approximately 50% of the company’s employees would be…