Category: Uncategorized

Robinhood Sheds Jobs for Third Time Since April 2022: WSJ
Trading platform Robinhood (HOOD) has cut 7% of its full-time staff, about 150 employees, in the third round of layoffs since April 2022.

Crypto Bankruptcy Investor Ouroboros Eyes Smaller Claims
The platform automates the due diligence process for buying cryptocurrency bankruptcy claims in firms like FTX or Celsius, providing previously missing liquidity for creditors owed around $50,000.

Web3 Fashion Platform SYKY Launches Incubator for Emerging Digital Designers
The Seven Seven Six-backed SYKY platform will work with a group of 10 digital designers to grow their skills in the year-long incubator program.

Blur, Arbitrum Lead Altcoin Surge as Traders Anticipate Bull Run
A series of decentralized finance and NFT-related altcoins have posted double-digit gains over the past week as capital begins to flow from larger assets like bitcoin (BTC) and ether (ETH) to more speculative bets like blur (BLUR) and arbitrum (ARB).

Avalanche-Backed Web3 Gaming Studio Pixion Games Closes .5M Seed Round
The funds will go towards building out Fableborne, the studio’s flagship Web3 game.

Tezos Set to Become 8 Times Faster After 'Nairobi' Upgrade
‘Nairobi’ is the blockchain’s fourteenth upgrade.

Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say
Sound macroeconomic policies like raising interest rates and bringing down the country’s deficit could dampen Zimbabwe’s currency instability, economists said.

Fireblocks Adds Support for Amazon Web Services, Google Cloud Platform and Alibaba Cloud
Cryptocurrency custody technology provider Fireblocks has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales and Securosus, the company announced Tuesday.

EU Seals Deal on Crypto Bank-Capital Rules
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system

Circle’s Allaire Says Bitcoin ETFs Likely to be Approved: Bloomberg
Allaire spoke with Bloomberg at the World Economic Forum in Tianjin, China.