As one would expect, Elon Musk’s acquisition of Twitter has caused quite a stir. Musk has been selling his Tesla shares at regular intervals, suggesting he has been preparing for this transaction for some time. But the most recent one happened days after his massive $44 billion purchase. The CEO
November 9, 2022 1 min read
Recently, layoffs have become more prevalent. Many firms operating in the cryptocurrency industry have started laying off employees as a means of cutting costs. Moreover, it was reported that Meta had is planning to follow suit and was getting ready for “large-scale layoffs.” Many have speculated that the Reality Labs
November 9, 2022 1 min read
The attacker began transferring the stolen assets less than a week after attacking one of the top cryptocurrency derivatives exchange, Deribit. Hacker sent 1,610 Ether (ETH) worth over $2.5 million to the U.S. sanctioned crypto mixer Tornado Cash on November 5, leaving roughly 7,501 ETH remaining. Reports of a $28
November 8, 2022 1 min read
Despite the sustained decline in cryptocurrency prices, crypto exchange Gemini stated today that it has expanded its services to five additional European countries, increasing its total number of European countries where it operates to 12. Over a hundred cryptocurrencies, including dozens of DeFi tokens, are accessible to traders in Croatia,
November 8, 2022 1 min read
Reports of the widespread layoffs emerged on Twitter’s website, along with photos. Jack expressed appreciation for everyone who had a hand in making Twitter so far. Many of the laid-off Twitter workers began tweeting about their experiences and feelings after Elon Musk said the layoffs were necessary to reduce operational
November 6, 2022 2 mins read
Both projects will debut in the first half of 2023. Solana Saga phone would not be limited to Helium Mobile. Secure, crypto-powered, wireless network that is decentralized, Helium, has voted to switch from its own platform to Solana, a prominent layer-1 blockchain network. Now, with Helium and Solana combining their
November 6, 2022 2 mins read
The bulk of the commerce is centered on y00ts NFT collection. There are almost 15,000 individual profile pictures in the y00ts archive. The original introduction of the popular profile picture (PFP) project, y00ts, in September contributed to a surge in NFT sales on the Solana blockchain that dropped by half
November 5, 2022 2 mins read
Texture, a DeFi yield platform, is now live in private beta testing after raising $5 million in a round-headed by P2P Capital and Sino Global. Wintermute, Semantic Ventures, and Jane Street Capital also participated in this round of funding. The stablecoin USDC was used to raise the money, and the valuation was not made public.
November 5, 2022 1 min read
The world’s first Metaseminar has been announced by the MetaMetaverse team, an open metaverse project that aims to maximize access for individuals, businesses, entities, and DAOs to create their own metaverse and govern society within its cosmic system. This announcement comes directly from MetaMetaverse CEO and Founder Joel Dietz. The
November 3, 2022 4 mins read
The CBDC pilot programme at India’s central bank began earlier today. The RBI has released the digital rupee, commonly known as the e-rupee. Although cryptocurrency is not permitted on Indian soil, Central Bank Digital Currency (CBDC) has been met with official support. The Reserve Bank of India (RBI) said in
November 2, 2022 1 min read
