As the crypto bear market continues and STEPN’s user base falls from its previous highs, the Solana blockchain-based move-to-earn fitness program STEPN is laying off over a hundred contract workers.
Author: adewale
adewale
Adewale Opeyemi contributed to Blockchain Journal during 2022, covering cryptocurrency markets, blockchain technology, and industry developments. His reporting focused on explaining how emerging projects, protocols, and market trends evolved, with an emphasis on clarity, structure, and factual accuracy. Every day, I want to make a difference and leave a lasting beneficial impact on my community and the world at large. This I accomplish by assisting Blockchain brands and organizations in developing the best content for effective marketing that connects and converts prospects to customers.
To get the U.S. Securities and Exchange Commission to finally approve a spot Bitcoin exchange-traded fund, Grayscale, the world’s largest crypto asset fund manager, has intensified its lobbying efforts.
Over one hundred million dollars was stolen from the decentralized financial network known as Mango, which was housed on the Solana blockchain. OtterSec, a blockchain auditing company, was the first to expose the issue on Twitter.
With decentralized finance (DeFi) as the central focus of a new embedded supervision project, the European Commission is stepping up its efforts to keep track of crypto operations.
As soon as the first quarter of 2023, a new layer-3 prototype will be launched for testing to resolve Ethereum’s scalability difficulties further.
In a post that was published on LinkedIn on October 7, the former chief financial officer of the ride-sharing platform Lyft and OpenSea stated that it was time for him to “come ashore” from the “open seas.” However, he did not elaborate on the specific reasons for the change, instead stating that he would be staying on as an advisor to the company moving forward.
As of August, the number of firms holding cryptocurrency in Brazil has hit new record highs. This comes despite an increasing level of faith in cryptocurrencies as well as high inflation rates.
In the most recent court filing, the financially troubled cryptocurrency lender Celsius divulged the identities and trade histories of its platform’s customers. This comes as the firm begins the process of declaring bankruptcy.
An update was given Today, indicating that the native blockchain that supports the cryptocurrency exchange Binance is now up and operating. Following the confirmation of reports of a cross-chain exploit, operations on the network were temporarily paused until more investigation could be conducted.
The Ministry of Foreign Affairs in South Korea is stepping up its efforts to bring Do Kwon to justice. The government recently put a notice on its website saying that Kwon’s passport will soon be revoked if he doesn’t return it within 14 days.