Wikipedia Competitor Everipedia’s Blockchain Is Now Live
Blockchain-based Wikipedia competitor Everipedia launched its mainnet on Thursday, based on the EOS network.
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Nansen Slashes 30% of Headcount in Bid to Cut Costs
Nansen, a blockchain data analytics platform, announced a 30% reduction in headcount on Tuesday as it looks to cut costs alongside a continuing slump in cryptocurrency markets.Founded in 2020, the company employed somewhere between 51 and 200 employees before the reductions, LinkedIn data shows. That manpower allowed the company to analyze more than 100 million…

Bittensor’s TAO Slides 15% After $8M Wallet Drain Attack
The Bittensor blockchain was temporarily halted after an attack on several user wallets, causing a 15% drop in TAO prices. Investigations are ongoing into the attack, which is suspected to have been caused by a private key leakage, and Bittensor has been put into "safe mode" to prevent further transactions until more information is available.

Ether ETF Hopes Drive Smart Money Bets After Historic Bitcoin ETF Approval
The approval of spot bitcoin ETFs has sparked optimism among ether traders, who are hoping for a spot ether product as well.BlackRock has already filed a prospectus for its iShares Ethereum Trust, a spot ether exchange-traded fund, with the SEC.The potential approval of an ether ETF could increase investment and interest in Ethereum-based projects and

Alibaba Cloud Builds Metaverse Launchpad on Avalanche
Jamie Crawley is a CoinDesk news reporter based in London.The cloud division of Chinese tech behemoth Alibaba (BABA) has built a launchpad for businesses to deploy metaverses on the Avalanche blockchain.Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces to try and find new…

Grayscale ‘GBTC Discount’ Narrows to Near 2-Year Low as SEC Misses ETF Appeal Window
The widely tracked crypto market indicator "GBTC discount" narrowed to its lowest in 22 months on Friday, signaling increased optimism that Grayscale will be able to convert its close-ended bitcoin trust into an open-ended spot-based exchange-traded fund (ETF).On Friday, shares in Grayscale Bitcoin Trust (GBTC) traded at a discount of 15.87% to the trust's net

BMW-Backed Blockchain Competition Offers Token Prizes for Auto Tech
The Mobility Open Blockchain Initiative (MOBI) has launched a development "tournament" to explore how vehicles will communicate, co-operate and transact in the smart cities of the near-future. The 4-month MOBI Grand Challenge kicks off on October 12, with a public demonstration of winning technologies to be hosted by BMW Group in Munich, Germany on next…

Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021
Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021Sberbank, Russia’s biggest consumer bank, is launching a blockchain platform built on Hyperledger Fabric, potentially with its own stablecoin. The blockchain system is designed for trade finance transactions, including exchanging letters of credit, the bank’s press representative told CoinDesk Thursday. Anatoly Popov, Sberbank’s deputy chair, told…

GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains
The crypto economy never rests, seemingly jumping from one hype narrative to another in the form of inspired tokens that niche short-term traders can profit from.Nearly four hundred different GROK tokens have been released by anonymous developers over the weekend, running to a combined market capitalization of tens of millions of dollars, which has let