Layoffs in the crypto industry continue amid the ongoing bear market, with the non-fungible token (NFT) platform Candy Digital becoming one of the latest companies to fire a significant number of its employees. Candy Digital is an NFT platform founded by entrepreneur and investor Gary Vaynerchuk and Michael Novogratz, the founder of the US-based crypto…
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There are still pockets of hope, however, with some companies looking to expand despite the market conditions. The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend. Crypto companies, including crypto exchanges, venture capital…
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The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve a decentralized, community-led, and user ownership-oriented open metaverse. Open Metaverse…
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According to the social media company Twitter, the firm plans to launch a new feature called “NFT Tweet Tiles,” a segregated panel within a tweet that showcases non-fungible tokens (NFTs) and the marketplaces that list the specific NFT shared. The new NFT concept is expected to drop soon, in order to “impact the Tweet experience,”…
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After revealing Alphabet Inc.’s Google Cloud partnership with Coinbase, the multinational technology conglomerate holding company has announced the firm’s “Google Cloud Blockchain Node Engine.” While more blockchains will be supported, Google said that “Ethereum will be the first blockchain supported by Blockchain Node Engine.” Google Launches Cloud-Based Blockchain Node Engine Alphabet Inc., otherwise known as…
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This week, in celebration of the 40th anniversary of the Masters of the Universe (MOTU) franchise, the toy manufacturing company Mattel announced the launch of the official MOTU digital toy collection. The new collection, dropping on November 9, will feature classic MOTU characters like He-Man, Battle Cat, Tri-Klops, and Evil-Lyn. He-Man and the Masters of…
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Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation Dapper Labs, the creators…
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The firm outlined that as its “payment processing and stored value service partner is subject to EU regulations,” Dapper has been directed to impose the restrictions on these accounts under EU law. Flow blockchain developers Dapper Labs has suspended Russian accounts after the European Union (EU) imposed new sanctions against Russia and its nationals. Announced…
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Laliga, the premier soccer league organization in Spain, has announced the launch date of Laliga Golazos, a memorable moment NFT (non-fungible token) platform. The platform, built in partnership with Dapper Labs, will allow users to purchase NFTs with videos of the most memorable goals starting from 2005 to the present. Spanish Laliga Launches Laliga Golazos…
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