Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn

Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic DownturnProtocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasized in the blog post that it has been an “extremely challenging economic downturn, worldwide, and especially in the crypto industry.” Protocol […]

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Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market

Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm, Galaxy Digital. Report Says Sports Retail Giant Fanatics to Sell […]

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Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff

Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s StaffWith non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the NFT company Candy Digital is laying off […]

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Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more

Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies.

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WWE Inks Long-Term Deal With Fanatics to Push Official Merchandise, Trading Cards, and NFTs

The media and entertainment company World Wrestling Entertainment, Inc., otherwise known as WWE, has inked a long-term partnership with the global digital sports platform Fanatics. According to the deal, Fanatics will work with WWE across various ventures such as officially licensed merchandise, trading cards, and non-fungible tokens (NFTs). WWE Partners With Fanatics, Wrestling Entertainment Firm […]

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American Collectibles Giant Topps Launches Series 2 MLB NFT Collection

American Collectibles Giant Topps Launches Series 2 MLB NFT CollectionThe American company that produces Bazooka chewing gum, candy, and collectibles, Topps Company, Inc., announced the launch of the second series 2021 Topps Baseball NFT collection. The latest non-fungible token products from Topps follow the company’s MLB Inception NFT collection release. The collectibles company Topps says that it’s the firm’s largest MLB NFT launch ever. […]

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