NFT Market Update - 23rd May, 2022

At VeeCon, GFunk, founder of Pixel Vault, and Dana White, President of UFC, announced a formal joint partnership.

Cryptocurrency exchange FTX will soon allow commission-free stock trading alongside its crypto offerings.

Gary Vee announced two collaborations at VeeCon; firstly, VeeFriends Gift Goats x Beeple and VeeCon x Snoop Dogg is coming this fall.

OpenSea announced Seaport, a new open-source web3 marketplace protocol for buying and selling NFTs.

During VeeCon, Beeple’s Twitter account was hacked in a phishing scam that stole more than $70,000 in crypto.