Thu, July 24

Shibarium Blockchain Achieves Remarkable 1 Million Blocks Feat

Investors have taken notice of a significant achievement by the Shibarium Network, a Layer-2 blockchain. ShibariumScan reports that the SHIB network has achieved 1 million blocks, marking a major milestone for the SHIB ecosystem as a whole. The need for effective and scalable solutions is also brought to light. The

October 7, 2023 1 min read

Web3 Community Platform Galxe Protocol Faces DNS Breach

On the 6th of October, the Galxe website, a Web3 community platform, was down for around an hour. At 14:44 UTC, Galxe posted on Twitter that their website was offline. Forty minutes later, the company confirmed that an attack had compromised its DNS record. The website was blocked until the

October 6, 2023 1 min read

Ledger Announces 12% Workforce Reduction Due to Market Challenges

Pascal Gauthier, CEO of Ledger, a producer of hardware crypto wallets, has announced a 12% reduction in employees. In a blog post published on October 5th, Gauthier said that layoffs had been made “for the longevity of the business” by noting the 2022 bear market and the failure of companies

October 6, 2023 1 min read

Wirex Launches Non-custodial Cryptocurrency Debit Card

On October 3rd, Wirex, a provider of cryptocurrency payment services, announced the release of a non-custodial cryptocurrency debit card service called W-Pay that is based on zero-knowledge proof (ZK-proof). Wirex is an integral part of both Visa and Mastercard, and it boasts a client base of over six million. Built

October 5, 2023 1 min read

Chainalysis Slashes Workforce by 15% Citing Ongoing Crypto Winter

Chainalysis, a blockchain analytics business, let off another 15% of its workforce this week, citing the necessity to cut costs in light of the prolonged detrimental market. The firm said on October 3 that it has laid off 15% of its workforce, or around 135 people. Madeleine Kennedy, VP of

October 3, 2023 1 min read

Do Kwon Denies Transaction Manipulation Disclosed in Slack Chat Log

Do Kwon, co-founder of Terraform Labs, has disputed the relevance of leaked Slack chats used as proof. Investor attraction via transaction manipulation was a topic of conversation between co-founder Daniel Shin and Do Kwon. A September 2019 Slack chat between the company’s co-founders was included in a court filing by

October 1, 2023 1 min read

Brazil Embraces Blockchain for Enhanced Digital Identity Verification

Brazil and Buenos Aires are leading the way into a new age of digital identity verification as countries across the world struggle with demands for more secure identification systems. Both jurisdictions have adopted blockchain technology in an effort to provide their residents with safer, more reliable, and more streamlined services.

October 1, 2023 2 mins read
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