Animoca Brands Acquires Somo to Expand Web3 Collectibles Push

Animoca Brands has moved to strengthen its place in digital collectibles after buying gaming and collectibles studio Somo, increasing its footprint in Web3-native...

Meta to Cut Around 10% of Metaverse Unit as AI Takes Priority

Meta is making ready to chop roughly 10% of workers from its metaverse-focused division, a transfer that underscores the corporate’s accelerating shift towards...

Nike Quietly Dumps NFT Unit RTFKT as Converse Revenue Drops 30%

Nike has quietly bought its digital merchandise subsidiary RTFKT, the NFT unit it acquired through the 2021 crypto increase, because the sportswear large’s...

Logan Paul Agrees to Sell Record-Breaking $5.3M Pokémon Card at Auction

Logan Paul has agreed to promote one of many rarest Pokémon playing cards ever produced, shifting to capitalize on what he describes as...

Canada’s $72M Crypto Tax Crackdown Targets 2,500 Dapper Labs Users — But No Charges Yet

Canada’s tax authority has widened its crypto enforcement internet, focusing on 2,500 customers of Vancouver-based NFT agency Dapper Labs in a probe tied...

Meta Cuts Metaverse Spend as It Bets on AI Glasses and Wearables

Meta is scaling again its metaverse spending and redirecting assets towards AI-powered glasses and wearable units, marking one of many firm’s most vital...

McGregor vs Khabib NFT Drama: ZachXBT Exposes Hypocrisy Over Failed Meme Coin

The long-standing rivalry between Conor McGregor and Khabib Nurmagomedov has resurfaced in an sudden enviornment, igniting an issue that blends private historical past,...

Coinbase CEO Confirms Spending $25M to Buy UpOnly NFT From Cobie

Coinbase CEO Brian Armstrong on Tuesday, confirmed the acquisition of $25 million UpOnly NFT from well-known crypto dealer Cobie.“The rumors are true, we...

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