Yes, the bear market weeds out the bad actor, but it also forces the existing players to rethink their business strategies to offset resultant losses. In this effort, crypto exchange Bybit announced mass layoffs for the second time in 2022. Ben Zhou, the co-founder and CEO of Bybit, announced a […]

Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome. FEAC is an Italian non-profit organization focused on awareness, education and research to improve the care given to children and adolescents on the […]

Elon Musk hints on his official Twitter account that SBF may have donated more than $1B to the Democratic elections. SBF the ex-CEO of FTX confirmed that he has made undisclosed donations to the republican party, and donated the same amount to both parties. Republican Senator Ted Cruz also called […]

Recently,  James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, explained that although Solana ($SOL) got “a black eye” thanks to its exposure to FTX and Alameda Research, it is far from dead. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a […]

After years spent developing the category-defining technology powering its infrastructure, Sequoia-backed DeSo is hiring Salil Shah, a seasoned executive with experience at Meta and Pinterest, to scale the business. The announcement comes in the wake of two consecutive months of over 120% Month over Month growth for the platform. As […]

Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto startup. The ex-president of FTX US, Brett Harrison, is on the lookout for $6 million in funding to launch a start-up […]

Core Scientific – one of world’s biggest publicly traded crypto mining firms – has announced it is considering bankruptcy protection as its stock has fallen by over 90 percent since the beginning of the year. The company has also stated it’s not likely to make any upcoming debt payments. Core Scientific Says […]

With the new announcement that Cardano is on its way to release an algorithmic stablecoin in 2023, various community members expressed concerns, comparing the project to TerraUSD (UST), which caused great losses within the crypto space in 2022.  According to its developers, the stablecoin project Djed will be pegged to […]

The web developer Mozilla, mainly known for its internet browser Firefox, has joined the rush of legacy internet platforms jumping into the Web3 and metaverse development space. In a blog post announcement on Nov. 30, the company revealed its acquisition of Active Replica, an immersive experience developer. Active Replica is […]