Tag: Blockchain

Rapport: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

According to the Chinese journalist Colin Wu, otherwise known asWu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firms staff due toa sharp drop in revenue.” desuden, the reporter claims that Huobis co-founder Leon Li is......

Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Crash ‘Weeded’ Out Bad Apples

Denne uge, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels like the crash “‘weededout all of......

CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor

The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currencywould be necessary in the future to ensure Nigeria......

Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store

On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be available via the Epic Games Store and accessible to 194 million users. The well known company Epic Games is......

Kanye West Files Trademarks Describing NFT Technology After Denouncing the Digital Collectible Concept

According to trademark filings with the United States Patent and Trademark Office (USPTO), the American rapper Ye (commonly known as Kanye West) is getting into the world of non-fungible tokens (NFT'er) and the metaverse. The record producers company Mascotte Holdings Inc.......

Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month

Following the aftermath of the Terra blockchain fiasco, decentral finansiering (defi) continues to feel the impact of the projects fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have......

Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists

The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFT'er) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundations permanent......

Square Enix Closes $300 Million Sale of Western Studios to Bankroll Blockchain Pivot

Square Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual properties (IP'er) to Embracer Group. The deal, which values these properties at $300 million, will allow the company to focus on......