FTX founder Sam “SBF” Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week for his role in the collapse of his $32-billion crypto exchange. After a jury selection process on Oct. 3, the trial begins in earnest on Oct. 4, with […]

Epic Games, the company behind Fortnite, has slashed 16% of its workforce — approximately 830 staff — after unrealistic expectations of metaverse-inspired revenue caused it to spend “way more” money than it had been earning. “We concluded that layoffs are the only way and that doing them now and on […]

While critics have been busy writing eulogies for Meta’s metaverse dream over the last few years, Mark Zuckerberg’s latest demonstration of its photorealistic avatars shows it could be pretty far from dead after all. Appearing on a Sept. 28 episode of the Lex Fridman podcast, Zuckerberg and the popular computer […]

The World Federation of Exchanges (WFE) sees the potential for crypto-asset trading platforms (CTPs) to play a larger role in the “real” economy and society at large. It had some blunt observations about CTPs and suggestions for regulators in a paper released Sept. 28. “CTPs should welcome a degree of […]

Buenos Aires, the capital of Argentina, is making a major move toward integrating its bureaucracy with blockchain technology. Starting in October, the city’s 15 million residents can access identity documents via a digital wallet, according to an announcement on Sept. 28.  The first documents to be available on-chain include birth […]

PayPal made major progress toward creating its own blockchain ecosystem by filing a patent application for a nonfungible token (NFT) purchase and transfer system. The application, filed in March and published Sept. 21, describes a means of carrying out transactions with NFTs, both on- and off-chain.  The patent application, which […]

A typical Web3 developer has a median salary of $128,000 in 2023. According to a recent survey by Pantera Capital, the highest Web3 engineer salaries are in North America at $166,610, followed by $102,226 in Europe, Middle East and Africa; $90,559 in Latin America; and $75,000 in the Asia-Pacific region. The […]

Could bullish Ethereum news related to the launch of an ETH futures ETF be the catalyst that triggers a massive breakout of a nearly 16-month long ascending triangle pattern? If the pattern is valid, the target is roughly $4,000 per ETH and a revisit to former all-time highs from the […]

Costco, the retail giant renowned for offering a wide range of products at discounted prices, has recently added an unexpected item to its inventory: 1-ounce gold bars. While the exact price is available only to Costco members, online discussions suggest that the bars were priced at just under $1,900. As […]

Singapore-based exchange Crypto.com has partnered with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD).  According to a press release from Sept. 28, Crypto.com currently possesses the deepest liquidity for PYUSD trading pairs globally. The exchange has listed PYUSD for retail and institutional users, with “trading features […]