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Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’

The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due…

Continue ReadingOpensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’

NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million

While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed…

Continue ReadingNFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million

Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’

During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been…

Continue ReadingStudy Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’

NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT…

Continue ReadingNFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume