eBay's NFT marketplace KnownOrigin announced the closure of its on-chain marketplace and minting operations.

Odaily Planet Daily News: KnownOrigin, the NFT marketplace previously acquired by eBay, has announced the closure of its on-chain marketplace and minting functions. In February of this year, eBay laid off 30% of KnownOrigin's employees, sparking concerns about the platform's future. The recent announcement confirms these concerns, with the company stating that it has decided to cease operations due to changes in the NFT market. (nftplazas)