Lucy Harley-McKeown / The Block:
OpenSea says NFT creators collectively earned $1.1B in royalties in 2022 so far, of which 80% were to collections outside the top 10 — – OpenSea said that up to Nov. 23 this year, NFT creators had earned more than $1 billion through royalty payments on its platform in 2022.
Cameron Thompson / CoinDesk:
OpenSea plans to continue to enforce NFT royalties on its platform, after X2Y2, Magic Eden, and LooksRare altered their NFT royalty structures — “The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk.
Andrew Hayward / Decrypt:
Some NFT marketplaces stop honoring NFT royalties, usually a ~5-10% fee set by the creator and paid by sellers on secondary market sales, rocking the community — Creators sound the alarm after the marketplace reveals its plans, which include blacklisting rivals and potentially optional royalties.
Lucy Harley-McKeown / The Block:
Web3 gaming and VC firm Animoca Brands raised $110M via convertible notes led by Temasek, Boyu Capital, and GGV, after raising $434M in 2022 — – Animoca Brands confirmed earlier reports it had raised a fresh funding round of $110 million. — Temasek, Boyu Capital and CGV Capital are now backing the firm.
Taylor Locke / Fortune:
Uniswap Labs launches an NFT marketplace aggregator with listings from OpenSea, LooksRare, NFTX, and others, after acquiring the aggregator Genie in June — Though sales of nonfungible tokens, or NFTs, have dropped substantially amid the ongoing Crypto Winter, Uniswap Labs remains bullish on the future of the market.
Connie Loizos / TechCrunch:
Cloudflare says Greylock, Bessemer, and other VC firms have collectively offered to invest up to $1.25B in startups that use its serverless computing platform — Cloudflare, the security, performance and reliability company that went public three years ago, said this morning …
Chelsey Cox / CNBC:
FinCEN: US financial institutions processed ~$1.2B in likely ransomware payments in 2021, up ~3x YoY; ~75% of ransomware incidents in H2 2021 were Russia-linked — – U.S. banks and financial institutions processed more than $1 billion in potential ransomware-related payments in 2021.
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