Sky Mavis lays off 21% of workforce, plans new Axie Infinity game
Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.
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Why did Bitcoin drop? Analysts point to 5 potential reasons
Elon Musk's SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant and fears of interest rate hikes have been among the theories raised as to Bitcoin's freak price dip.On Aug. 18 around 9:35 pm UTC, the price of Bitcoin suddenly plummeted over 8% in a span of 10 minutes, taking…
Time to pump? Data suggests traders intend to push Filecoin (FIL) above $100
Filecoin (FIL) accumulated 65% gains over the past 30 days to reach its highest price since June 8. The recent strength was accelerated after an Aug.6 partnership with Chainlink's oracle protocol on Aug. 6 allowed the projects to join their grant initiatives to speed up the development of hybrid smart contracts to leverage code running…
Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap.
Hackers post racist and offensive messages to Blockfolio users
A breach of Blockfolio’s signal feed saw racist messages sent to some users of the crypto portfolio platform. 2349 Total views 12 Total shares Some Blockfolio users received shocking messages from the app on Tuesday in what has now been confirmed as a breach of the platform’s signal feed.The hackers responsible for the breach sent…
DoorDash launches AI bot to take customers’ takeout orders
During peak times, DoorDash’s AI system will take the load off restaurants by automatically answering incoming phone calls. Food delivery service platform DoorDash is integrating AI technology for their restaurant clients, which will see customers communicating their food orders to AI-powered bots instead of busy in-house staff.According to an Aug. 28 announcement from DoorDash, the…
Akoin Co-Founder Explains How $6B Futuristic Akon City Will Work
Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need. The businessman behind Akon City, the 2,000-acre crypto project in Senegal ‘powered by’ Akoin tokens, has explained how the futuristic $6 billion city will work.Co-founded with singer Akon, the whitepaper for the Akoin cryptocurrency published in March, says it…
Tether to launch dirham-pegged stablecoin on TON
Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch.
ECB Exec Says Libra Could Address Failings of Global Payments System
Facebook’s Libra has pushed central banks to consider two major issues in global payment systems, an exec at the European Central Bank (ECB) said.Benoit Coeure provided his remarks at a hearing at the Committee on the Digital Agenda of the German parliament on Sept. 25.According Coeure, an ECB board member and chair of the Committee…