OpenSea, the world’s largest non-fungible token (NFT) marketplace in terms of trading volume, is laying off a fifth of its workforce, according to the company’s CEO Devin Finzer. In a statement shared on Twitter, initially posted on the company’s Slack, Finzer said that employees that have been let go will receive generous severance packages and other benefits.
REALM is a mobile-based play-to-own metaverse platform. REALM received a $10 million commitment from global investment group LDA Capital to bolster innovation on its platform, advance metaverse capabilities, and improve the overall user experience on its platform.
It is now common knowledge in the crypto world that lending protocols have become the biggest powerhouses in the DeFi space. Projects like Aave, Alpaca Finance, Compound, MakerDAO, etc., have billions of dollars in TVL (Total Value Locked).
Trading platform Robinhood announced the listing of a new cryptocurrency on Thursday. Users of the popular trading app can now trade Uniswap’s native governance and utility UNI token. The Robinhood team shared the news via Twitter.
London, UK, 15th July, 2022, Chainwire Popular crypto wallet Crypterium has rebranded to Choise.com and declared its intent to connect the worlds of centralised and decentralised finance. Its new mandate will see Choise.com evolve into a MetaFi ecosystem that gives users exposure to the best elements of CeFi and DeFi. Since its launch in 2017,…
San Francisco, United States, 15th July, 2022, Chainwire Ankr, one of the world’s leading Web3 infrastructure providers, is delighted to introduce Ankr Network 2.0, described in the new whitepaper as a “Decentralized marketplace for Web3 infrastructure.” The upgrade brings a full suite of decentralized products and services that serve as the critical infrastructure behind Web3…
Multinational entertainment and media conglomerate the Walt Disney Co. announced on Wednesday a group of six companies that have been selected for the 2022 Disney Accelerator. Ethereum Layer 2 developer Polygon is the only blockchain-native company to have made the list.
Liqduity-strapped cryptocurrency lender Celsius has filed for bankruptcy under Chapter 11 with the New York-based Bankruptcy Court. According to the press release published on Wednesday, the company is seeking to restructure and stabilize its business operations to maximize value for all stakeholders. Celsius has between $1 billion and $10 billion in assets, accordion to the filing.
Less than six months after the launch of the GARI token, Chingari Wallet Signers reached the 800K mark. This is another impressive milestone for the GARI Network and the Chingari App, which is often referred to as India’s Tik Tok.