Adding to a terrible week of carnage throughout the shattered cryptocurrency sector, cryptocurrency brokerage Blockchain.com said it is laying off 28% of its staff, or around 110 people. About 150 employees lost their jobs in July as Blockchain.com dealt with a $270 million blow on loans it made to failing
In the beginning of the new year, 2023, Cardano is excited to share the upcoming development of its ecosystem. Yes, a custom-built sidechains toolkit is verified by Input Output Global (IOG) to enhance Cardano adding more security and scalability to its network. As it is evident that Cardano is a
Polygon Labs looks to be pressing through with plans to hard-fork the network early next week. According to a blog post published on Polygon’s website on Thursday. Despite a vigorous community discussion over the topic last month. Moreover, Polygon Labs said in its post that the hard fork, scheduled for
Josh Sell, the former Chief Product Officer of Tinder, has been appointed as the new Chief Operating Officer of N3twork Studios, a blockchain game developer and publisher made up of seasoned game developers (including those from EA, Kabam, Zynga, Glu, Disney, and more). Josh’s new position will enable N3twork Studio
According to Cimu Games, it is re-releasing its million-copy-selling game Runestone Keeper utilizing web3 game production tools from Ready Games. A first for web3 gaming, the web3-enabled beta version of the game, which took up the Best Gameplay prize at the 2014 Unity Awards, will debut in late Q1 on PC,
An early-stage accelerator programme called Beacon with an emphasis on web3 recently launched its first batch. On Tuesday, at a demo day, the teams from the first cohort, referred to as Cohort 0, presented their concepts. Even though it’s only the second week of 2023, startups are already starting demo
The web3 builder-focused event Building Blocks 23 will take place on February 7, 2023, in the heart of Tel Aviv. The one-day Building Blocks event, which is being hosted by leading Israeli firms as part of ETH TLV, will bring together Ethereum developers and communities. Throughout ETH TLV, a number
The role of “Proof of reserves” is to ascertain that a financial institution has a 1:1 ratio backing of user funds with real assets. Blockchain companies are turning to third-party firms to audit their businesses and provide attestations to their assets and liabilities. This move has significantly grown following the
The lawsuit between blockchain firm Ripple and the Securities and Exchange Commission (SEC) has no specific date. And the parties are receiving increased attention from interested parties. And, in particular, defense counsel James Filan has revealed that the Ripple defendants have filed their answer in opposition to the SEC’s Motion
At 11:59 p.m. UTC on January 9, Flare, the blockchain for developing apps that utilize data from other chains and the internet, successfully launched its much anticipated token airdrop. One of the greatest scale distributions in cryptocurrency history, the airdrop saw 4.279 billion Flare (FLR) tokens issued to millions of
