OpenSea Lays Off 20% of Staff Due to Bear Market
Devin Finzer – CEO of OpenSea – announced on Thursday that roughly 20% of employees have been let go by the NFT marketplace. The move is intended to better prepare…
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MonkeyLeague Developers Close $24 Million Funding Round
UnCaged Studios – the developers behind the Web3 esports game MonkeyLeague – have closed a $24 million Series A funding round. The round brings the organization’s total valuation above $150…
Funds Are Safe But Celo Network Stalled Again After Briefly Resuming
According to the tweet by the blockchain payments infrastructure, the validators of the network were working to identify and resolve the issue and asserted that no funds had been compromised.…
Arthur Hayes Expects the US to Start Printing Again, Bullish for Bitcoin
BitMEX co-founder Arthur Hayes has predicted that the Federal Reserve may soon begin printing money again if the dollar continues to strengthen against international currencies. As he sees it, this…
Hard Fork: MultiDAG 2.0 to Arrive on COTI’s Mainnet
COTI Network has announced that the protocol will undergo a hard fork, during which they will deploy MultiDAG 2.0 – the long-awaited update that will see the protocol transition to…
Voyager Digital’s VGX Skyrocketed 600% in a Massive Short-Squeeze
VGX, the native token of the bankrupt crypto brokerage Voyager Digital skyrocketed by more than 600% in a span of two days before dumping hard. Pumping Voyager’s VGX The token…
CoinFLEX to Restart Withdrawals But There’s a Catch
Several weeks after halting withdrawals due to a whale’s account going into negative equity, the crypto exchange has provided more details on how users will be able to withdraw at…
OKX Wins License in Dubai, Plans to Advance Regulatory Dialogue
Seychelles-based crypto exchange, OKX, announced acquiring a provisional virtual assets license in Dubai. As per the official press release, the license was awarded by the Dubai World Trade Centre Authority…
JP Morgan: Bitcoin’s 50% Decline in Production Cost Could Further Harm its Price
Strategists at the American multinational investment bank JP Morgan Chase & Co recently revealed that bitcoin’s cost of production has dropped by nearly 50% over the last month. BTC Production…
MATIC Soared 25% as Disney Selected Polygon for its Web3-Focused Accelerator Program
On July 13, entertainment giant Walt Disney announced six companies are joining its 2022 Disney Accelerator. Among them was the layer-2 Ethereum scaling network Polygon. The business development program is…
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