Despite announcing plans for expansion in the next year, Axie Infinity maker Sky Mavis has announced the layoff of 21% of its employees. As per a report by TechInAsia, out of around 250 worldwide team members, over 50 are scheduled to be let off. CEO and co-founder Trung Nguyen stated:
Singapore Gulf Bank’s $50 Million Fundraising Plan Singapore Gulf Bank Seeks $50 Million to Expand with Stablecoin Acquisition. It’s a blockchain-focused digital bank. Which plans to raise $50 million in 2025 to acquire a stablecoin payments company. This strategic move reflects the bank’s focus on expanding its services and strengthening.
In a rapidly evolving digital world, tokenization has emerged as a revolutionary method for bridging physical assets with blockchain technology. Recently, Tokenis3 gained significant traction as an exhibitor at the FBS – Future Blockchain Summit 2024, where they showcased their expertise and strength in secure, compliant asset tokenization solutions. However,
Blockchain developer HOT Labs has received a $500K grant from the TON Foundation, which is in charge of The Open Network’s (TON) development. A platform for deploying and managing memecoins on TON will be developed with the help of the funding. Founded by Petr Volnov and Yuriy Olentyr, HOT Labs is a research
More than 50 Partners Gathered, Including TON Society, TOX, Yescoin, and MEXC, Converging in Bangkok The TON Hacker House Bangkok, hosted by TONX, TON Society, and co-hosted by TOX, Yescoin, and MEXC, attracted more than 3,400 registered attendees, bringing together developers, innovators, and industry leaders. The event, which took place
Bitcoin retraced from its record-breaking rally, trading at $97,954, down 0.03% in 24 hours. BTC’s market cap fell below $1.9 trillion, losing over $60 billion since Friday. Meanwhile, the global crypto market cap dropped 0.74% to $3.34 trillion, with a trading volume of $199.2 billion, down 3.24% over the last
As cryptocurrency continues to reshape the financial landscape, savvy investors focus on projects that offer potential and utility. Pepe and FXGuys are the top picks for achieving financial freedom by 2025. While Pepe rides high on its meme-driven popularity, FXGuys ($FXG) is the Top PropFi Project, delivering unmatched benefits like
Dogecoin ($DOGE) is trading at $0.4645, marking an impressive 19.04% increase over the past day. Its market cap is a substantial $68.24 billion, reflecting a 19.09% surge. The Volume-to-Market Cap Ratio has climbed to 29.45%, indicating heightened trading activity with a 24-hour volume of $20.05 billion. Dogecoin’s hash rate has
Trump Nominates Scott Bessent as Treasury Secretary President-elect Donald Trump has nominated Scott Bessent, a well-known investor and hedge fund manager, as the next U.S. Treasury Secretary. This announcement came through a Friday post on Trump’s social media platform, Truth Social. Bessent, 62, founded Key Square Group, a macro investment
It’s getting wild out there in the crypto market. Crypto analysts are trying to figure out where top altcoins will go from here. And a top analyst has come up with some shocking price predictions for Dogecoin (DOGE), Ripple (XRP), and Peanut the Squirrel (PNUT). But it wasn’t enough to
