SuperRare cuts 30% of staff as growth slows during crypto winter
[ad_1] Non-fungible token (NFT) marketplace SuperRare has announced a 30% staff-member cut as CEO John Crain explained that the firm mistakenly over-hired during the last bull market. In a Jan. 7 tweet, Crain shared a screenshot of his message to SuperRare’s Slack channel announcing the 30% cut, stating that...
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MATIC Backpedals Into Bearish Track Despite Its Network Growth
[ad_1] The current state of MATIC and Polygon’s crypto ecosystem ranks among the worst. It took a toll on In the wake of FTX’s demise, the industry-wide contagion has impacted other projects, Polygon among them. Despite this, Polygon is in the top three DeFi companies in terms of revenue....
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MAS, Bank of Ghana and Development Bank Ghana to develop an Integrated Financial Ecosystem to Support Growth of Asia-Africa SME Trade Corridor | by Bit Media Buzz | Nov, 2022
[ad_1] Singapore, 10 November 2022 — The Monetary Authority of Singapore (MAS), Bank of Ghana (BOG) and Development Bank Ghana (DBG) [1] today signed a Memorandum of Understanding (MOU) to develop the Ghana Integrated Financial Ecosystem (GIFE). The GIFE aims to enhance financial capabilities and access for micro, small...
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Web3 to inject $1.1T in India’s GDP by 2032, following 37x growth since 2020
[ad_1] The global Web3 boom is expected to add $1.1 trillion to the Indian economy over the next decade, supporting the investment-based momentum driven by over 450 in-house startups, including CoinDCX, Polygon and CoinSwitch. A recent study from the National Association of Software and Service Companies (NASSCOM), an Indian...
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The INX Digital Company Reports Growth in New Registrations for Q1 2022
[ad_1] NEO-listed owner of digital asset trading platforms, The INX Digital Company recently released its financial results for the first quarter ended 31 March 2022. With a total of 17,674, the company saw a sharp surge in the number of new registrations. The reserve fund was maintained at $36...
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Here’s why the growth of token staking could be bullish for Lido (LDO)
[ad_1] Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until the full launch of the consensus layer. As a result, Lido (LDO) has established itself as a leader...
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Solana-based cross-chain bridge Allbridge raises $2M to support growth
[ad_1] Allbridge, a cross-chain bridge that lets users transfer assets between different blockchain networks, today announced $2 million in funding led by Race Capital. Allbridge offers a simple way to bridge tokenized assets between Ethereum Virtual Machine (EVM) and non-EVM compatible blockchains. In the seven months since launch, Allbridge...
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Sentinel teams with StrongBlock for node growth and enhance dVPN utility
[ad_1] Sentinel, an interoperable networking layer for distributed services, today announced a new partnership with StrongBlock, a Nodes-as-a-Service (NaaS) provider. Sentinel is a blockchain framework for building decentralized VPN (dVPN) applications. StrongBlock is a trailblazer in monetizing node operation, utilizing DeFi protocols and NFTs to incentivize the node community....
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