World's largest NFT marketplace OpenSea fires 50% of employees

OpenSea, the world's largest marketplace for NFTs (non-fungible tokens), has laid off about half of its workforce. The job cuts are part of the organisational changes that OpenSea is making to "innovate faster" and "to make more meaningful bets", CEO Devin Finzer said. The startup raised $300 million at a valuation of $13.3 billion in 2022.