Immutable Curt Off Staff by 11% to Prolong its Cash Reserves.
Immutable is the latest blockchain firm to announce job cuts as the gaming company laid off 11% of its workforce. Major Australian gaming firm Immutable slashed 11% of the company’s…
U.S. New Bill May Block CBDC Development
U.S. New Bill Could Block CBDC DevelopmentU.S. Congressman Tom Emmer has introduced a bill to prevent the Federal Reserve (the Fed) from issuing a central bank digital currency (CBDC). The…
Tencent Cloud Team Up With Key Crypto Platforms To Boost Web3 Adoption
Tencent Cloud will be releasing Tencent Cloud Metaverse-in-a-Box products. The cloud subsidiary and Web3 infrastructure provider Ankr entered into an MoU.The technology firm Tencent has announced that its subsidiary, Tencent…
KuCoin Wallet Announces Partnership With Avalanche for Official Integration
KuCoin Wallet provides users with simple access to all Avalanche native assets.KuCoin Wallet completed the full integration of the Avalanche ecosystem.Avalanche, one of the biggest blockchains for launching decentralized applications,…
KuCoin Wallet Announces Partnership With Avalanche for Official Integration
KuCoin Wallet provides users with simple access to all Avalanche native assets.KuCoin Wallet completed the full integration of the Avalanche ecosystem.Avalanche, one of the biggest blockchains for launching decentralized applications,…
Bank of International Settlements Head Support CBDC Over Crypto
In his address in Singapore, though, he did express support for CBDC. He advocated for the use of CBDCs and tokenized deposits. According to Agustin Carstens, the head of the…
Blur to Airdrop 300 Million Tokens to Loyal NFT Customers
Blur revealed an additional 300 million tokens to its loyal users. Blur’s NFT trading volume climbed over 540% in a week.The newest NFT marketplace Blur buzzed on social media by…
US Markets Nosedive as Real Estate Weakens and Putin Suspends Nuclear Treaty.
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear…
Polygon Labs Sack Employee by 20% Amid Wave of Layoffs
After hearing about the layoffs at Polygon, the price of MATIC fell by as much as 6%. Affected employees would be offered three months’ worth of severance.Polygon Labs has reduced…
Coinbase Updated Q4 Revenue, Transaction Volume Continues to Drop
Coinbase reported a $557 million net loss.In the fourth quarter, the company reported 8.3 million monthly transactional users.Cryptocurrency exchange Coinbase outpaced revenue forecasts for the fourth quarter of 2022. Its…