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Cam Thompson is a news reporter at CoinDesk. She is a recent graduate of Tufts University, where she majored in Economics and Science & Technology Studies. As a student she was marketing director of the Tufts Blockchain Club. She currently holds positions in BTC and ETH.
Yuga Labs, the NFT collective behind the majority of tokens held in the crypto empire’s wallet, has previously raised capital from FTX Ventures, although Alameda Research is in control of the wallet.
Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news.
A growing list of marketplaces are seeing the impacts of platforms ceasing to require buyers to pay royalties on collections. Experts aren’t optimistic about what this means for the market.
The decision will let developers evaluate whether to fully deploy its decentralized exchange on the layer 2 scaling platform that speeds up Ethereum transactions.