Tiger Global Marks Down Stakes in OpenSea, BAYC
Tiger Global, an investment business, reportedly reduced the value of its shares in OpenSea and Bored Ape Yacht Club. The New York-based investment group has reduced its holdings in the digital collectibles marketplace OpenSea and the Bored Ape Yacht Club (BAYC) by 69% and 94%, respectively, according to a Bloomberg article. Tiger Global also made […]
Ava Labs Lays Off 12% Workforce to Fund Growth
Ava Labs CEO Emin Gün Sirer emphasized that the company is well-positioned with ample runway and resources at its disposal. The developer of the Avalanche Blockchain, Ava Labs, has verified that in a recent round of staff reductions, it terminated 12% of its workforce, citing the need to reallocate resources. Emin Gün Sirer, the company’s […]
OpenSea Slashes NFT Marketplace Staff by 50%
The oldest NFT marketplace on Ethereum, OpenSea is reducing staff as part of a “2.0 strategy” emphasizing dependability, community, and product. On November 3, OpenSea CEO and co-founder Devin Finzer revealed layoffs in a thread on X, a site that was initially Twitter. According to Finzer’s essay, a reevaluation of OpenSea’s “operating culture, product, and […]
OpenSea API Keys Potentially Leaked Due to Security Incident
A security notification purportedly from OpenSea raises the possibility of a data leak connected to the current Nansen tragedy. According to sources, OpenSea, one of the top American NFT (non-fungible token) markets, recently informed its consumers of a security compromise. A security incident involving one of its vendors may have an effect on consumers’ OpenSea […]
Phantom Wallet Launches Auto-Confirm Feature for Six Protocols
Phantom, a crypto wallet for Solana, has announced a trial version of its auto-confirm feature, which allows users to validate transactions without manual approval on six protocols. The auto-confirm feature is a unique function that Phantom has introduced to enhance the user experience and convenience of its wallet. The feature enables users to activate automatic […]