Valve CS2 Update Crashes $5.8B Economy, Reviving NFT Debate

The multibillion-dollar market for cosmetic items in the popular esports first-person shooter game Counter-Strike 2 crashed following an update to its mechanics. According to an Oct. 8 report by Esports News, the... Read more »

Coinbase Buys $25M NFT To Restart UpOnly Crypto Podcast

Crypto exchange Coinbase has spent $25 million to acquire and burn a non-fungible token (NFT) designed to revive the once popular crypto podcast called UpOnly. Coinbase CEO Brian Armstrong confirmed that the... Read more »

OpenSea Rejects NFT ‘Pivot,’ Says It’s Evolving to ‘Trade Everything’

OpenSea CEO Devin Finzer has rejected claims that the company is pivoting away from non-fungible tokens (NFTs), saying instead that the marketplace is “evolving” into a universal platform to trade every type... Read more »

Swiss Regulator GESPA Files Complaint Against FIFA NFT Platform

Switzerland’s Gambling Supervisory Authority (GESPA), the country’s gambling regulator, has filed a complaint against FIFA’s non-fungible token (NFT) platform FIFA Collect, alleging that it is an unlicensed gambling provider. On Friday, GESPA... Read more »

Crypto Market Cap Falls by $230B as Fear Index Hits April Lows

The crypto market’s Fear & Greed Index flipped sharply to “fear” this week, falling to levels last seen in April, as a market sell-off erased over $230 billion in a single day. ... Read more »