Magic Eden Winds Down EVM and Bitcoin NFT Markets in Strategic Pivot
Magic Eden Exits EVM and Bitcoin NFT MarketsThe post Magic Eden Winds Down EVM and Bitcoin NFT Markets in Strategic Pivot appeare...
Gemini Shuts Down Nifty Gateway NFT Marketplace – Here’s What’s Next for Holders
Gemini has said it is closing Nifty Gateway, the 2018 NFT marketplace it bought in 2019, after placing it in withdrawal-only mode....
DOJ Drops OpenSea NFT Fraud Case After Appeals Court Overturns Conviction
Federal prosecutors dropped their case against former OpenSea manager Nathaniel Chastain after an appeals court overturned his NFT...
Animoca Brands Acquires Somo to Expand Web3 Collectibles Push
Animoca Brands has moved to strengthen its position in digital collectibles after acquiring gaming and collectibles studio Somo.T...
Meta to Cut Around 10% of Metaverse Unit as AI Takes Priority
Meta is preparing to cut roughly 10% of staff from its metaverse-focused division, a move that underscores the company’s accelerat...
Nike Quietly Dumps NFT Unit RTFKT as Converse Revenue Drops 30%
Nike completed the sale of RTFKT, its NFT subsidiary acquired during the 2021 crypto boom, as the company faces a $5 million class...
Logan Paul Agrees to Sell Record-Breaking $5.3M Pokémon Card at Auction
Logan Paul will auction his record-setting Pikachu Illustrator card after accepting a $2.5 million advance from Goldin Auctions.T...
Coinbase CEO Confirms Spending $25M to Buy UpOnly NFT From Cobie
Coinbase purchased UpOnly NFT from well-known crypto trader Cobie for $25 million, resurrecting the podcast show “UpOnly” after th...
OpenSea Reinvents Itself as Crypto Aggregator Amid 90% NFT Volume Crash
Amid a severe NFT market downturn, OpenSea has changed its business model to a crypto trading aggregator across 22 blockchains, al...
Swiss Regulator Probes FIFA’s 2026 World Cup Token Sales
Switzerland’s gambling watchdog has launched a review into FIFA’s “Right-to-Buy” tokens for the 2026 World Cup.The post Swiss Reg...