Insider: eBay has laid off over 30% of its Web3 team members.

According to BlockBeats news on February 20th, citing sources from NFTgators, e-commerce giant eBay has laid off over 30% of its Web3 team members. Stef Jay, the business and strategy officer of eBay's Web3 division, recently resigned, while David Moore, one of the founders of eBay's NFT market KnownOrigin, was also "laid off".