Dapper Labs Makes Further Job Cuts Amidst NFT Market Downturn Dapper Labs, the company behind popular NFT projects such as CryptoKitties and NBA Top Shot, has announced its third round of layoffs in…
FTX Lawyers Seek Recovery of $323.5M from FTX Europe Leadership Sam Bankman-Fried and the FTX Group have paid approximately $323.5 million for the acquisition of Swiss Company DAAG, which became FTX Europe. However,…
Bitcoin Price Recovers as Cboe Refiles ETF Application Bitcoin’s price has started to recover after several days of support at $30,200. This recovery was likely influenced by Cboe’s move to refile its amended…
Dapper Labs lays off employees to streamline business Dapper Labs, the NFT company known for NBA Top Shot, has announced another round of layoffs in an effort to create a leaner business. CEO…
Elon Musk Urges Regulation of Artificial Intelligence (AI) Elon Musk recently emphasized the importance of regulating artificial intelligence (AI), particularly artificial general intelligence (AGI). He highlighted the need for careful regulation to address…
China is making progress in the adoption of its digital currency, the digital yuan, or e-CNY. The latest development is the testing of the digital yuan with SIM cards and contactless transactions. This…
The US Dollar’s Decline and the Rise of Cryptocurrencies The US dollar has recently hit a 2-month low due to the inflation report, causing traders to seek alternative safe haven assets. As a…
The PwC 5th Annual Global Crypto Hedge Fund Report: A Thriving and Resilient Industry The latest PwC report reveals the impressive growth and resilience of the crypto hedge fund industry, despite market volatility.…
Russia’s State Duma Passes Digital Ruble Bill Russia’s State Duma has passed a bill that establishes rules for the nation’s central bank digital currency, the digital ruble. The legislation designates the Bank of…