Yuga Labs CEO Greg Solano dismissed several employees on Friday; steadily declining since 2022. 1. Yuga Labs Restructuring: Yuga Labs, the creator of the Metaverse game, announced employee layoffs as part of a restructuring process initiated by CEO Greg Solano. The company is refocusing on blockchain-based strategies. 2. Staff Reduction: Yuga Labs terminated an unspecified […]
1. NFTs (Non-Fungible Tokens) are unique digital assets on blockchain networks, providing a new model of ownership and distribution verified using public blockchain. 2. NFT swap order scams involve tricking someone into exchanging their valuable digital item for one of little or no value, often through fraudulent NFT listings or auctions on popular NFT marketplaces. […]
On Tuesday, US former president Donald Trump was charged with criminal charges for the third time in a row. The indictment of overturning the 2020 presidential elections stirred the NFT marketplace, leading Trump NFTs to skyrocket 650% in sales. The indictment was filed by Jack Smith, the special counsel in Federal District Court in Washington. […]