Investment firm Coatue Slashes OpenSea valuation by 90%
Investment giant Coatue Management has drastically reduced its valuation of NFT marketplace OpenSea, signaling a pessimistic outlook for the once-booming sector. Coatue Management, a prominent United States tech investor, has devalued its stake in the nonfungible token (NFT) platform OpenSea by a staggering 90%. This adjustment took place on November 7, plummeting the investment value […]
Coinbase dives into stablecoin market, ready to compete with Paypal
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 💰Coinbase Dives into Stablecoin Market with USD Coin Acquisition 😢OpenSea Can No Longer Sells BAYC NFTs 🌟Jackson Hole Meeting: Bitcoin Enthusiasts Await Powell’s […]
OpenSea introduced optional fees for NFT Creators
OpenSea, the popular NFT marketplace, has made an important announcement that starting from 31 August, it will introduce optional fees for NFT creators. This decision means that creators will have the choice to charge fees on their NFTs or make them optional. As part of this change, OpenSea will be removing the Operator Filter feature […]