NFT Market Update 29th March 2023

Sam Bankman-Fried, disgraced former CEO of FTX, has been accused of paying over $40 million to bribe at least one Chinese official as part of a deal to unlock some of Alameda’s frozen accounts, which contained around $1 billion of cryptocurrency.

Blur, the most popular NFT marketplace, has announced a delay to the end of Season 2 which means that bidding and listing points for Season 2 will remain doubled until May 1.

Metamask has rejected the rumours that it will conduct a snapshot or airdrop on March 31st, which many have been waiting for after Metamask itself suggested they would pursue a path of decentralisation.

Fidelity, the asset management giant, has announced it is recruiting a crypto and token research team to build out its crypto practice.

Tommy Hilfiger has announced it will premiere a multi-metaverse hub during Metaverse Fashion Week, which will take place in Decentraland and offer guests POAPs, NFTs to collect, and AR virtual try-on offerings.

Solana news

Homebase announced it has sold its 1st tokenized home on Solana, where investors will begin to receive rent directly to their crypto wallet via USDC.