NFT Market Update 28th March 2023

Binance and its CEO, CZ, have been sued by the CFTC who allege CZ and Binance broke trading and derivatives laws.

Yuga Labs announced a collection-based 2D strategy game, Legends of the Mara, in which Otherdeed holders willl be able to claim a vessel and Kodas will decouple from their deed.

NFT Inspect, the popular Web 3 Social Intelligence platform, has been acquired by undisclosed new leaders who “boast deep roots in the NFT and Web 3 space”.

The first Y00ts have transitioned to Polygon successfully, and the first sale on Polygon was at 1.69 ETH.

Disney has killed its metaverse division, which was a small division of around 50 people who were developing the company’s metaverse strategies, as part of its broader company layoff plans.