Opensea

Opensea, a Leading NFT Platform, Announces Staff Reductions

Benito CormiNov 9, 20232 min read

Opensea Rebuilding Exercise Opensea recently made the decision to downsize its workforce, with CEO Devin Finzer describing it as a rebuilding exercise. The goal is to…

Report: Coatue Reduces OpenSea’s NFT Marketplace Valuation by 90%

Owen PatterNov 8, 20232 min read

American investment firm Coatue Management has reportedly devalued its stake in OpenSea, one of the leading NFT platforms. The company reduced its previously valued $120 million…

Investor Slashes Stake in OpenSea Platform by 90%, According to Report

Coinan PorterNov 8, 20232 min read

Coatue Management Marks Down OpenSea Stake by 90% Coatue Management, a tech investment firm in the United States, has reduced the value of its stake in…

OpenSea, the NFT Market Leader, Sees 90% Drop in Valuation – Learn Why

Gapster InnesNov 8, 20232 min read

OpenSea’s Valuation Drops 90% as Coatue Management Cuts Stake According to a recent report, OpenSea, the world’s largest NFT marketplace, has experienced a significant decline in…

Coatue Management Slashes OpenSea Stake by 90%, Reports The Information

Theon BarrettNov 7, 20232 min read

The Devaluation of OpenSea Coatue Management, a tech-focused investment manager, has devalued its stake in OpenSea by almost 90%, as per reports from The Information. The…

OpenSea Faces Setback with Arrival of New NFT Marketplace Emphasizing Royalties

Insa MonroeNov 7, 20232 min read

Magic Eden and Yuga Labs Partnership Magic Eden, a multi-chain non-fungible token market platform, has teamed up with the creator of Bored Ape Yacht Club and…

The Simpsons Criticize NFTs as Yuga Labs Executive Leaves Amid Anti-Semitic Tweets and Other News

Coinan PorterNov 7, 20233 min read

The Simpsons Roast NFTs in New Halloween Special “The Simpsons” recently mocked nonfungible tokens (NFTs) during the latest 34th annual Treehouse of Horror Halloween special, with…

Ava Labs Implements Workforce Reduction of 12% to Focus on Expansion and Resource Reallocation

Coinan PorterNov 7, 20232 min read

Ava Labs Confirms Layoffs, Cites Resource Reallocation Ava Labs, the team behind the Avalanche Blockchain, has recently laid off 12% of its employees in order to…

Ava Labs Implements Staff Reduction of 12% to Focus on Expansion and Resource Reallocation

Coinan PorterNov 7, 20232 min read

Ava Labs Confirms Layoffs, Cites Resource Reallocation Ava Labs, the team behind the Avalanche Blockchain, recently announced that it has laid off 12% of its employees.…

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