Is Metaverse Dying? Alibaba Reduces Operations Amid Restructuring Plans
TL;DR Alibaba announces significant layoffs in its metaverse unit, Yuanjing, as part of a broader restructuring effort, reflecting a trend among tech companies to scale back
Companies (Latest Publications)
Latest news about Blockchain and Cryptocurrencies focused on companies in the sector.
More and more companies are starting to use blockchain and are entering the world of cryptocurrencies, which makes this technology increasingly closer to being used by the people.
In this section, we will publish the latest news about the companies that use or want to start using blockchain in their day to day, the mergers and collaborations of these and all the news of interest always under the journalistic rigor that characterizes us.
Election Odds Tighten in Decentralized Betting Markets Amid Election Uncertainty
TL;DR As the U.S. presidential election approaches, decentralized betting markets show a tightening race between Donald Trump and Kamala Harris, with Harris’s odds surging from 33%
Paolo Ardoino Reveals the Truth About Tether’s Official Blockchain Launch
TL;DR Paolo Ardoino has clarified that Tether is not planning to build an official blockchain, emphasizing the importance of maintaining neutrality and supporting USDT integration across
IMX Token Crashes as Immutable Receives SEC Enforcement Warning
TL;DR The IMX token from Immutable drops 12.88% following a possible SEC enforcement action over alleged unregistered securities sales. The firm received a Wells Notice warning
Tether Usage Reallocates as US Officials Intensify Scrutiny of $120 Billion Stablecoin
TL;DR Tether has seen a surge in usage across EMEA time zones amid growing attention from US regulators. Increased adoption of USDT has been seen in
SingularityDAO, Cogito Finance, and SelfKey Merge to Form New AI-Focused L2 Platform
TL;DR SingularityDAO merges with Cogito Finance and SelfKey to create Singularity Finance, focusing on the tokenization of the artificial intelligence (AI) economy. The merger was approved
Paxos Launches USDG Stablecoin Fully Backed by USD Reserves
TL;DR Paxos launched the Global Dollar (USDG) stablecoin, fully backed by USD reserves, in collaboration with Singapore’s DBS Bank, complying with the Monetary Authority of Singapore’s
Tether Reaches New Milestones with $2.5 Billion Q3 Profit and Record USDT Issuance
TL;DR Tether reports a record-breaking $2.5 billion profit for Q3 2024, bringing its cumulative profit for the year to $7.7 billion, driven by growing demand for
Spacecoin XYZ Unveils Plans for a Blockchain Network in Space
TL;DR Spacecoin XYZ plans to launch the first-ever blockchain network in outer space, using a fleet of nanosatellites to establish a decentralized physical infrastructure network (DePIN).
Superstate Upgrades USTB Tokenized Treasury Fund with Continuous Pricing
TL;DR Superstate announces an update for its USTB fund, focused on U.S. government securities, introducing a “continuous pricing” system. This innovation allows USTB holders to earn
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