Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’

Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to 'Evaluate Other Forms of Payments'The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of […]

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Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices

While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries. Official Crypto Mining Rig Dealers Are Either Sold-out or Suspending Deliveries, Second-Markets Explode With Mining Products […]

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Recommerce: The Secondhand Goods Economy

For eBay, the sale of secondhand goods has been a part of business since day one. Consumers worldwide understand the ways in which recommerce can generate both income and sustainability. After all, why strain the planet to create new products when one can purchase pre-owned goods for less money? In the recession caused by the 2020 pandemic, the buying and selling of pre-owned goods has grown. 72% of US eBay sellers say that buying pre-owned products has grown more common. 81% of Gen Zers hold the same opinion. In the UK, Germany, France, and Canada, the story was similar, though

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E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’

E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community.” Ebay Updates Policies to Allow Sale of NFTs Ebay Inc. announced Tuesday […]

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