Three months ago, Robinhood laid off 9% of its full-time employees. 713 workers would be impacted by a 23 percent drop in employment. Retail investing giant Robinhood has had a wild year. The fintech company is cutting 23 percent of its personnel. Three months ago, Robinhood laid off 9% of
August 3, 2022 1 min read
The CryptoPunk collection has sold 1279 ETH, or around $2.16 million in last 24 hours. CryptoPunks are a collection of 10,000 images tokenized as NFTs. According to CryptoSlam statistics, the volume of CryptoPunks NFT sales has increased by over 248% in the previous 24 hours as a result of a
August 2, 2022 1 min read
Blockchain and cryptocurrency expert positions will be created in the OSTP. On Wednesday, the measure was approved by the Senate. The Chips and Science Act was approved by the US House of Representatives on Thursday, by 243 to 187. Grants and incentives for the semiconductor sector are part of the
August 1, 2022 2 mins read
In two consecutive transactions, the assets were unlocked. Ripple locks 800 million XRP out of the 1 billion XRP it unlocks each month. Ripple (XRP) was released from escrow earlier today, according to the cryptocurrency whale tracking website Whale Alert. 900 million XRP have been released from an unknown escrow
August 1, 2022 1 min read
The city’s Ethereum NFT is scheduled to start in December. Mastercard will give unique privileges to NFT holders. On Thursday, Mayor Francis X. Suarez of Miami, announced that the city would distribute 5,000 Ethereum NFTs in the coming months. Mastercard and Salesforce are all working together with TIME USA magazine’s
July 29, 2022 1 min read
Monopoly Millionaire Game’s platform token, MMC, will be listed on Bybit Launchpool, the world’s fastest-growing crypto exchange. The Monopoly Millionaire Game is a marine-themed game in which players may win tokens by participating in nine distinct games. MMC, the game’s governance token, may be used to vote and stake in
July 28, 2022 1 min read
During the first three months of the year, this division earned $695 million. Zuckerberg has been promoting interoperability for the metaverse. The virtual reality and metaverse section of Meta’s (Facebook) Reality Labs, overseen by Mark Zuckerberg, suffered $2.8 billion in losses. This was disclosed in Meta’s second quarter 2022 earnings
July 28, 2022 2 mins read
Pangolin Exchange is the first decentralised exchange to be introduced by Flare Network, the blockchain that seeks to link everything. With over $15 billion in total trading volume, 3000 token pairs listed, and 9 million swaps on their platform, Pangolin is one of the most popular and trusted DEXs on
July 27, 2022 2 mins read
Policy-making will also be a part of Web3’s development, according to the release. Web3 Policy Office” will be more than merely a consulting organization. Web3 Policy Office is established by Japan’s Ministry of Economy, Trade, and Industry (METI) in the Minister’s Secretariat. As part of the new organization, the departments
July 27, 2022 2 mins read
Investors would have a difficult time complying with rules and regulations. Toomey criticized the agency’s approach to the crypto sector. Mark Cuban claims that the Securities and Exchange Commission’s regulation of how cryptocurrencies are registered would be nothing short of “a nightmare.” Shark Tank star and Dallas Mavericks owner shared
July 26, 2022 2 mins read
