The Starbucks NFT rewards program will soon be no more. In late 2022, Starbucks dipped its toes into the world of Web3 with a beta launch of its new NFT rewards program, Starbucks Odyssey. It has remained as a closed, invite-only beta ever since. However, according to a recently updated FAQ on the official Starbucks … Read more
Update: Starbucks announced Friday that it’s discontinuing its NFT program, which was in beta, to “prepare for what comes next as we continue to evolve the program,” according to an FAQ page. We spoke with Steve Kaczynski, the program’s lead, on the Chain Reaction podcast last month. On Friday, he tweeted that his future … Read more
Sorare is not completely shuttering its New York office but is shifting more employees to Paris Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s Paris headquarters to improve communication and efficiency, … Read more
NFT scams are not all that unusual on Elon Musk’s X. Neither are high-profile accounts on X, formerly known as Twitter, getting hacked. However, it’s not everyday that an ESPN reporter with millions of followers gets hacked by a scammer looking to trick users of arguably the most mainstream NFT project into giving them access … Read more
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People who still use NBA Top Shot were the primary targets of a scam tweet posted to ESPN reporter Adrian Wojnarowski’s account on X Saturday evening at about 6:30PM ET. The tweet referred to NBA Top Shot as a “popular” NFT platform, despite the fact that current activity levels are a tiny fraction of what … Read more
On Tuesday, Elon Musk’s X wrote about a grand vision for the company in 2024, which includes launching peer-to-peer payments and more AI-powered tools. Amid all this, the company silently removed a feature for paid subscribers. They’re no longer able to set an NFT as a profile picture. The feature was originally launched under Twitter’s … Read more
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. This being the first week … Read more
Fulton County Sheriff’s Office Former President Donald Trump has found a new way to monetize his infamous mugshot, while also selling the chance to see his face in person. Trump announced Tuesday that snippets of the suit he wore for that photo would be available for purchase, as part of a new sale of NFT … Read more