Apple Faces Scrutiny Over App Store Policies Amid NFT Industry Growth

Apple Inc. is under intensive scrutiny for its App Store practices, mainly with regard to the growing industries of crypto trading and nonfungible tokens (NFTs). On July 28, Jan Schakowsky and House Representatives Gus Bilirakis (R-Fla.) wrote a letter to Apple CEO Tim Cook, Asking for detailed information about its App Store policies. In that… Continue reading Apple Faces Scrutiny Over App Store Policies Amid NFT Industry Growth

CommerceKit By Shopify And Thirdweb Offers Web3 Features To E-commerce Developers

Thirdweb and Shopify have confirmed their partnership in the launch of Commercekit. The kit is meticulously designed to enable developers to build Web3 commerce applications easily and quickly. The groundbreaking technology will offer merchants a strong understanding of their clients, therefore letting them offer customized services and experiences. Shopify and Thirdweb’s CommerceKit is expected to… Continue reading CommerceKit By Shopify And Thirdweb Offers Web3 Features To E-commerce Developers

Zora Offered Free NFT To Celebrate Coinbase’s Base Network Launch

Coinbase made headlines this week with its latest layer-2 scaling network, Base. To celebrate this launch, the team dropped a free open edition NFT. Notably, the new NFT is just available through Zora, a new NFT marketplace, and users can mint it too until February 26. Now, the community seems to have one question in… Continue reading Zora Offered Free NFT To Celebrate Coinbase’s Base Network Launch

OpenSea NFT Marketplace Laid Off 20% Of Its Staff

OpenSea, the biggest non-fungible token (NFT) marketplace in the digital currency space, has announced that it has now parted ways with around 20% of its staff, becoming the latest crypto company to lay off workers. While the total number of the affected employees was not revealed, OpenSea supposedly confirmed to reporters that it has as… Continue reading OpenSea NFT Marketplace Laid Off 20% Of Its Staff

Coinbase NFT Marketplace Went Live In Beta For Specific Users

The Ethereum network has been known for its extremely high fees. But, Coinbase stated that it will not charge any fee for a limited duration. Months after it confirmed its plans to launch a nonfungible token marketplace, American digital currency trading exchange, Coinbase Global Inc (NASDAQ: COIN) has now released the Beta version of the… Continue reading Coinbase NFT Marketplace Went Live In Beta For Specific Users

NFT Bubble Seems To Get The Shrinking Feeling

The NFT bubble is not popping, but it seems to have sprung a leak. Visitors take photos in front of historic sites and other places that interest them. In one case, Chinese contemporary artist Yang Yongliang took a photo in front of a video installation “Glows in the Night” which was converted into NFTs and… Continue reading NFT Bubble Seems To Get The Shrinking Feeling