The Account Abstraction Grant 2023 is a new funding opportunity from the Ethereum Foundation that aims to speed up and improve the existing system. The Ethereum ecosystem support programme encourages builders and coders by providing them with resources for ongoing initiatives that improve the Ethereum blockchain’s features and capabilities. Under
February 28, 2023 1 min read
After declaring bankruptcy in July 2022, Voyager Digital has been looking at numerous options for reviving the firm ever since. At first, there was an agreement with FTX, which was terminated when that company collapsed soon after FTX won the auction for its assets. Ultimately, FTX would file a lawsuit
February 28, 2023 1 min read
Following a catastrophic 2022, Bitcoin and other major cryptocurrencies started 2023 on a high note, reaching their highest values in months in January as U.S. inflation continued to fall. The aftermath of the FTX cryptocurrency exchange’s demise continued in January when crypto lender Genesis declared bankruptcy. Nonetheless, the Biden administration
February 27, 2023 2 mins read
The Brazilian government’s plan to create a central bank-issued digital currency, known as the “digital real,” is making progress towards a likely release date. Local exchange Mercado Bitcoin announced the successful completion of a series of pilot tests. Aimed at analyzing the interoperability of a tokenized version of the digital
February 27, 2023 1 min read
The Personal Consumption Expenditures (PCE) Price Index, which measures inflation in the United States, rose to 5.4% year over year in January from 5.3% in December. This follows the news that was just issued by the U.S. Bureau of Economic Analysis. Market participants had expected a figure closer to 4.9%,
February 25, 2023 1 min read
The biggest cryptocurrency exchange by trading volume, Binance, plans to employ a lot of people this year for its technological center in Iași, Romania. Since opening the center in 2022, the firm has been actively hiring new employees. The Romania Insider portal said that opportunities for IT professionals exist across
February 24, 2023 1 min read
Ubisoft is teaming up with Animoca Brands’ The Sandbox to further its web3 efforts. The popular Rabbids series, however, is the driving force behind this. Ubisoft and The Sandbox have teamed together to develop 2,066 unique Rabbids avatars, each with its own abilities and customization options. One NFT will set
February 24, 2023 2 mins read
Earlier today, Coinbase announced the release of Base, it’s very own layer-2 network built on Ethereum. According to the business, millions of new decentralized applications will be able to make use of Base. Since it will serve as an open ecosystem for Coinbase’s on-chain products. Moreover, according to Jesse Pollak,
February 23, 2023 2 mins read
Polygon Labs has reduced its workforce by 20%, citing the need to focus on core competencies across fewer business divisions as the reason for the layoffs. Over one hundred workers were affected; they would be offered three months’ worth of severance as part of the turnaround plan. On the other
February 21, 2023 1 min read
Users who had hoped to benefit from the decentralized finance (DeFi) initiative built on the Arbitrum blockchain lost $2 million. When the Hope Finance Twitter account posted a warning about the fraud on February 21, it was picked up by Web3 security company CertiK. It’s hard to find out any
February 21, 2023 1 min read
