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OpenSea, one of the leading cross-chain non-fungible token market platforms, has announced the appointment of Adam Hollander, a renowned crypto influencer and a non-fungible token investor, as its new chief marketing officer (CMO). Hollander’s appointment is part of OpenSea’s strategic plans to make its non-fungible token marketplace the leading trading platform in the NFT market. OpenSea Appoints Adam H As New CMO In an April 03 blog post, Adam Hollander, through his X account, confirmed that he has joined the OpenSea NFT marketplace as the new chief marketing officer. Adam Hollander is a renowned crypto and non-fungible token market influencer who joined the crypto Twitter sometime in early 2021. Hollander has more than 60,090 followers on X and over 2,000 smart followers on Kaito. What’s that little ship next to my name? 😉 Excited to share that I’ve joined @opensea as Chief Marketing Officer. I’ve been working closely with Devin and the OS ...

Fraudsters have created multiple fake accounts on X, impersonating crypto scam investigators CertiK and ZachXBT. Scammers are now cloning legitimate crypto investigators by impersonating them on X to defraud victims. Crypto sleuth ZachXBT has warned users in an X post on Nov. 15, saying a “large network of bot accounts” has started impersonating crypto detectives on the social network. As per ZachXBT’s calculations, scammers have stolen more than $300,000 worth of crypto within a few days. A large network of bot accounts impersonating users like myself on X/Twitter has resulted in $305k+ stolen over the past few days. They even tricked Dexerto into accidentally making an article/post promoting the scam. The scam worked by having impersonators post about a fake… pic.twitter.com/lde4CXHjK5 — ZachXBT (@zachxbt) November 15, 2023 ZachXBT also warned that unsuspecting victims might click a phishing link, allowing scammers to drain their assets from their no...

Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal. Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing the need to reallocate its resources. The firm’s founder and CEO Emin Gün Sirer confirmed the news on Nov. 7 after several former Ava Labs employees announced on X (formerly Twitter) they had been laid off. “This reduction in force affected 12% of Ava Labs, and allows us to reallocate resources to double down on the growth of our firm and the Avalanche ecosystem,” Gün Sirer said. Gün Sirer acknowledged that bear markets can be tough to navigate but iterated Ava Labs is well-positioned with significant runway and resources at its disposal. Today we parted ways with some of our Ava Labs team members. We are no longer a 12 person startup, but we strive to capture the speed and energy of a small, nimble team. This reduction in...

Amidst the market dip, NFT projects might seek creative avenues to redefine their purpose and enhance utility. Non-fungible tokens, or NFTs, have been the subject of heated debate in the last few years. They serve as digital certificates for artwork, collectibles, and virtual game accessories. They are usually bought and sold online, often using cryptocurrency, and are typically embedded within smart contracts on blockchain platforms.  In 2021, NFTs witnessed a massive surge in public interest, leading to unprecedented sales. However, the sector has recently hit a rough patch, marked by an overall drop in sales and item prices, causing critics to question its long-term viability. Current NFT market scenario In the first week of July, OpenSea data revealed a significant drop in the floor price of one of the most popular digital collections, Yuga Labs’ Bored Ape Yacht Club (BAYC). The collection went from 38 Ether (ETH), then equivalent to $73,000, down to less than 28 ETH ($53,500)...