According to reports, a huge number of employees at Candy Digital, a sports and entertainment NFT firm that was created in 2021 and grew to a value of $1.5 billion the same year, were let go today. Sportico was the first to break the story. That Candy had fired more
November 29, 2022 1 min read
Bitget, a cryptocurrency and derivatives exchange, stated on November 25 that it has registered in Seychelles, Africa, to accelerate its worldwide development. Bitget hopes to double its current workforce size of 800 employees by the end of the first quarter of 2023, reaching 1200 employees in total. The company is
November 27, 2022 1 min read
Bitwise, a leading cryptocurrency asset management firm, has resubmitted its ETF proposal to include Bitcoin futures (ETF). The proposed fund would use a Cayman Islands-based wholly-owned subsidiary to invest only in Bitcoin futures contracts. Due to the high price tag and high complexity of the planned solution, Bitwise withdrew its
November 27, 2022 1 min read
Because of the widespread impact of FTX’s demise, several U.S. regulatory authorities are now looking into the crypto exchange and other centralized operators. According to Barron’s, regulators in many states are now looking into Genesis Global Capital. As per Alabama Securities Commission Director Joseph Borg, who spoke with Barron’s, “several
November 26, 2022 1 min read
The 2022 edition of DCENTRAL Miami will include a stellar speaker lineup, a Fashion & Culture track, a “Day of DAOs,” the Women’s Lounge at the Minerva Circle, and its diversity initiatives, as well as a uniquely immersive experience. Last year’s event was the first and biggest joint Web3 conference
November 26, 2022 3 mins read
AllianceBlock Fundrs’ decentralized fundraising and compliance tools will be used by the dua Foundation via their officially launched Private Sale. The sale began on November 23rd at 17:00 CET and will end on December 14th at 17:00 CET. Peer-to-peer fundraising platform Fundrs was introduced by AllianceBlock in August on the
November 25, 2022 3 mins read
The most recent roadmap for Bridge Champ, the blockchain-based global bridge network, has been released. The ability to create NFT badges and cryptocurrency rewards linked to in-game accomplishments is an important prospective feature. The online bridge platform powered by blockchain has gained significant traction in recent months. As a consequence,
November 24, 2022 2 mins read
OKX, a cryptocurrency exchange, has made available a Proof of Reserves page, where customers may verify the sufficiency of the company’s funds. After the demise of FTX, crypto exchanges have been under more monitoring. OKX tweeted and updated its blog about the new page. Users may verify the exchange’s funds
November 24, 2022 2 mins read
The Turkish Treasury and Finance Ministry said on Wednesday that an investigation into allegations of fraud against Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX, had begun. To aid with their investigation, Turkish authorities have frozen the accounts of Bankman-Fried and its subsidiaries. The Minister of Treasury and
November 24, 2022 1 min read
Popular games like Minecraft and Grand Theft Auto V have seen fan-driven efforts to include NFTs and crypto tokens alongside completely Web3-native games built around NFTs. In contrast, Microsoft took measures last summer to prevent Web3 features from appearing in Minecraft, and now Rockstar Games has done the same with
November 23, 2022 2 mins read
