En Eff Tee News – July 14, 2023

Here is some of what’s inside today’s curated NFT news collection:

Choppy waters of NFTs and digital assets,Dapper Labs’ surprising layoffs, the interactive future of sports NFTs, Google’s belated embrace of digital assets, GET Protocol is shaking up the ticketing industry with blockchain, and even how former President Trump is getting in on the NFT action.

πŸ‘‹ Dapper Labs, the NFT behemoth, is saying goodbye to 51 of its staff members. The company behind NBA Top Shot and CryptoKitties is trimming its workforce, citing a need to “focus on core competencies”. Seems like even the big dogs aren’t immune to the volatile winds of the crypto world. Read more.

πŸ€ Interactive NFTs are making a slam dunk in the sports world. The Vegas Sphere is all the rage among NFT collectors, promising a future where fans can interact with their favorite sports in a whole new way. Who needs courtside seats when you’ve got a virtual front row? Read more.

πŸ‘€ Google is finally giving digital assets some love. The tech giant has updated its Play Store policy to embrace digital assets and DApps. Looks like Google is finally ready to ride the crypto wave. Better late than never, right? Read more.

🎟️ GET Protocol is ready to give Ticketmaster a run for its money. The blockchain-based ticketing platform has raised $4.5 million to expand its NFT ticketing service. Who knew the future of event tickets would be on the blockchain? Read more.

πŸ’° Trump is cashing in on the NFT craze. The former president has disclosed income from NFTs and a hotel sale in his latest financial disclosure. Seems like everyone’s trying to get a piece of the NFT pie these days. Read more.

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OpenSea Insider’s NFT Shenanigans Land Him Behind Bars

The crypto world’s got its own Wall Street-esque drama unfolding. Nathanial Chastain, once a product manager at the NFT giant OpenSea, just got slapped with a three-month prison sentence. 🎰

Why? He thought he could play the system by leveraging insider info about which NFTs were about to get the coveted spotlight on OpenSea’s homepage. And as any crypto and/or NFT enthusiast knows, that’s like knowing tomorrow’s lottery numbers.Β 

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Trump Is Now An Ethereum Whale

Remember when former U.S. President Donald Trump wasn’t a crypto fan? Well, new financial documents show a change. πŸ’°

Trump is now sitting pretty with a whopping $2.8 million in $ETH. This revelation, brought to light by Citizens for Responsibility and Ethics in Washington (CREW), is a far cry from his previously reported stash of up to $500,000 in ETH.

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