Sat, November 7

Terra Luna Classic Marks 76 Billion LUNC Burn Milestone

Since May 18, 2022, the Terra Luna Classic community has burnt a cumulative total of 76 billion LUNC, marking a significant milestone in the collective endeavor to lower the circulating quantity of LUNC. Binance, the biggest cryptocurrency exchange in the world, has burnt about 38.81 billion LUNC, or more than

October 9, 2023 1 min read

DPEX Unveils “Aggregator Mode” on the Polygon zkevm Chain

In our relentless pursuit of excellence and innovation, we are thrilled to announce the next phase of our evolutionary journey: DPEX is now live in “aggregator mode” on the Polygon zkevm chain. By harnessing the liquidity from other leading perpetuals on the zkevm chain, such as Quickswap, DPEX ensures that

October 9, 2023 2 mins read

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