Dydx CEO Announces Layoffs of 35% of Core Team Amid Strategic Shift

Dydx, the decentralized finance platform, has announced a significant restructuring, with CEO Antonio Juliano revealing the difficult decision to lay off 35% of its core team as part of a strategic shift to align with the company’s evolving goals. In a heartfelt blog post, Juliano acknowledged the dedication and contributions of the departing team members … Read more

President Joe Biden Thanks Nigerian Leader for Role in Ex-Federal Agent’s Release

President Joe Biden thanked Nigerian President Bola Tinubu for securing the release of American citizen Tigran Gambaryan, a former U.S. law enforcement official and Binance employee, on humanitarian grounds. Gambaryan spent eight months in Nigerian detention, where his deteriorating health and alleged mistreatment by prison officials sparked widespread calls for his release. During his imprisonment, … Read more

Ethereum Founder Vitalik Buterin Donates Over $1 Million to Ukrainian Humanitarian Non-Profits

On Tuesday, Ethereum founder Vitalik Buterin made a significant contribution of 400 ETH, valued at over $1 million, to four Ukrainian humanitarian non-profits. This donation was facilitated by swapping ETH from meme coins, showcasing the potential of cryptocurrency for philanthropic efforts. Among the recipients is the UHF Fund, a non-governmental organization that provides grants to … Read more

Binance’s New Tool Empowers Wealth Managers With Enhanced Crypto Options

Crypto exchange Binance has launched Binance Wealth, a crypto exchange solution specifically designed for wealth managers serving high-net-worth individuals. This innovative platform enables wealth managers to facilitate client investments in cryptocurrencies seamlessly. Binance Wealth integrates directly with the Binance platform, allowing wealth managers to handle client onboarding, including Know Your Customer (KYC) and Know Your … Read more

A16z: Only 10% of Crypto Owners Are Actively Using It

A recent report by A16zcrypto titled “Estimating the Number of Real Crypto Users” found that only up to 60 million current holders were actively using their cryptocurrency each month. The numbers represent only 10% of the estimated 617 million global holders, a number released by Crypto.com in June. The report assesses that “this differential suggests … Read more

Infinex Raises $67.7M in Patron NFT Sale to Usher in ‘Post-CEX Era’

Decentralized finance (defi) platform Infinex has announced the completion of a $67.7 million NFT sale, backed by leading founders, foundations, funds, and communities across the blockchain ecosystem. The fundraise positions Infinex to usher in the “post-CEX (centralized exchange) era” of the crypto industry. Infinex aims to provide a secure, non-custodial alternative to traditional centralized exchanges, … Read more

Emory University Holds Over $16M in Bitcoin ETFs and Coinbase Shares

Emory University has disclosed ownership of over $15 million in shares of the Grayscale Bitcoin Mini Trust, according to a recent filing with the U.S. Securities and Exchange Commission. This announcement marks Emory as the first American endowment to publicly report exposure to bitcoin. In addition to its bitcoin investment, Emory holds 4,312 shares of … Read more

Ethereum Founder Vitalik Buterin: ‘The Splurge’ Seeks to Bring the EVM to an ‘Endgame State’

Ethereum founder Vitalik Buterin has unveiled his ambitious roadmap titled “The Splurge,” which aims to enhance the Ethereum Virtual Machine (EVM) and bring it to a stable and performant “endgame state.” The initiative focuses on several key goals, including the integration of account abstraction to improve user experience, optimizing transaction fee economics, and exploring advanced … Read more

Chainlink Data Streams Now Live on BNB Chain’s Layer-2

Chainlink has launched its Data Streams on BNB Chain’s Layer-2 solution, enhancing the capabilities of decentralized finance applications within the ecosystem. This integration provides developers with access to real-time, high-frequency market data, enabling them to build more efficient and responsive applications. Users can deposit funds from BNB Chain to opBNB, allowing them to interact with … Read more

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