Web3 esports tournament platform Community Gaming stated on Friday that it had laid off 17 staff. The Esports Advocate was the first to break the story. The sum equaled little more than 17 percent of the company’s total workforce. Community Gaming CEO Chris Gonsalves said that the decision was made
According to a recent statement, Roblox, one of the most popular online gaming platforms, has released a new category of wearable virtual items that may be sold in limited numbers by independent developers. It is issued and traded like a normal NFT and even has the same appearance. Roblox players
According to the New York Department of Justice, U.S. District Judge Paul G. Gardephe sentenced James Zhong to a year in prison after learning about the government’s plans to sell 41,000 seized bitcoin (BTC) this calendar year and the sale of 9,861.1707894 BTC on March 14, 2023. By setting up
A hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation” will be held by the US House Committee on Financial Services next week. The usefulness of stablecoins as a payment alternative may be the focus of the hearing. Users’ and the economy’s overall vulnerability is another issue
Lookonchain, a cryptocurrency firm that analyzes and tracks data, recently announced on Twitter that a substantial amount of Arbitrum (ARB) had been transferred to Binance. The transaction was carried out by the largest buyer of ARB tokens on the Arbitrum listing, who transferred 9.94 million ARB tokens. It is valued
Ethereum’s (ETH) latest upgrade, Shapella, has been successful, allowing developers to swap out critical parts of the network mid-flight. Recent data from the Nansen Analytic firm reveals that approximately 18.5% of Ethereum validators have been unable to update their credentials on the Ethereum network. The data shows that 106,219 validators
On Friday, Coinbase, a cryptocurrency exchange, said that it had successfully distributed all of the Flare (FLR) tokens that had been promised. There were over 601 million FLR tokens released to those who qualified (those who had XRP). The price of Flare Tokens, however, has not changed much. Coinbase has
Ripple has announced the official launch of Liquidity Hub, a new business service. According to the company’s official statement, it plans on getting onboard the first generation of users after a protracted stress-testing exercise. The first iterations of the liquidity hub will support the digital currencies Bitcoin (BTC), Ethereum (ETH),
Since the beginning of the year, the cryptocurrency market has been on an upward trend. While the prices of digital currencies recorded a slow-decline after the collapse of the FTX cryptocurrency exchange platform. Chia (XCH) cryptocurrency has not been left behind by this bullish trend. Recently, Chia has been gaining
It has been a successful year for the Injective’s native token, INJ. The coin has witnessed a massive growth of around 700% in the past seven months. Following the bullish intent, INJ’s trading price rallied to reach a day high near $8.60 on April 14. Since April, the coin has
