Dapper Labs Lays Off 51 as NFT Market Stays Chilly

.dapperlabs is laying off more staff as the NFT market continues to struggle, thesamreynolds reports

“With this restructure we have made the business more lead, which is going to let us do the right thing for our fans and grow our communities in the most healthy

ways possible,”The NFT market continues to struggle and has not seen the same post-FTX recovery as other parts of the crypto economy. As CoinDesk previously reported,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dapper Labs lays off 51 employees to make business ‘leaner,’ says CEOIts CEO said both the company and Flow, its blockchain project, remain well capitalized.
Read more »

Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration – Technology Bitcoin NewsThe tools essentially merge AI technologies, APIs, and blockchain technology to facilitate BTC transactions over the Lightning Network.
Read more »

Binance Labs Invests $15M in Web3 Gaming Startup Xterio.BinanceLabs has invested $15 million into Web3 gaming platform XterioGames, which plans to use part of the money to build out its AI tools. BrandyBetz reports
Read more »

White House lays out effort against animal sedative xylazine but doesn't call for new restrictionsFederal officials are calling for more testing and research on xylazine, the powerful animal sedative that’s spreading through the nation’s illicit drug supply
Read more »

White House lays out effort against animal sedative xylazine but doesn’t call for new restrictionsFederal officials on Tuesday called for more testing and research on xylazine, the powerful animal sedative that’s spreading through the nation’s illicit drug supply, but they stopped short of recommending new restrictions on the veterinary medication.
Read more »

Harlan Coben's 'Shelter' Trailer Lays Out a Series of Interwoven and Dangerous MysteriesJaden Michael will find the truth and danger in equal measure when the novel adaptation premieres on August 18.
Read more »