This story comes from GG. Your Web3 Gaming Power-Up Discover GG Crypto metaverse firm Everyrealm has settled three sexual harassment and discrimination lawsuits filed last year. Former Oakland Raiders NFL player Teyo Johnson previously worked at Everyrealm as a strategic partnerships director and alleged that Everyrealm CEO Janine Yorio committed verbal sexual harassment and racial discrimination against him. Johnson’s lawsuit…
Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show — it’s happening now with one of the latest projects in Web3. The launch of Worldcoin on Optimism has left many wondering whether this project is subverting Web3’s…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets were exploited for over $32 million, Era Lend was drained…
The German Federal Financial Supervisory Authority, or BaFin, reportedly advised crypto exchange Binance to withdraw its licensing application based on concerns with CEO Changpeng Zhao (CZ) and the firm’s structuring. According to a July 28 report from The Wall Street Journal, BaFin advised Binance that Zhao may not have passed a “fit and proper” test under the financial watchdog’s regulatory…
The launch of memecoin Pond0x (PNDX) has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestrobots trading app shows that the token reached a price of $0.36 before collapsing to near zero in a span of five minutes. Maestrobots chart of PNDX/USD during its launch. Source:…
In brief Solana is a blockchain designed to support massively scaling decentralized applications (dapps). It claims a maximum throughput of more than 50,000 TPS and block times as low as 400 ms. Decentralized applications, or dapps, are widely regarded as one of the key use cases for blockchain technology. In the last few years, dapps have come on in leaps…
The year 2022 was not a very good year for Cosmos and its vision of inter-blockchain communications (IBC). The collapse of the Terra Luna ecosystem (the biggest protocol on Cosmos at the time), tension between co-founders and a fall in the token’s price all cast a shadow on its future prospects. That said, projects such as dYdX and cross-chain oracle…
Kyu Lee is the President of game studio Com2us USA. In an interview, he shares the studio’s approach to Web3 and crypto gaming with Decrypt GG’s Kate Irwin. Source: https://decrypt.co/videos/interviews/pYMZRoYy/com2us-is-going-full-speed-on-crypto-gaming-kyu-lee
Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat. The concept of super-apps isn’t new. Tech giant Tencent, the company behind WeChat, has been refining the model since 2011. Like Twitter, it began as a social networking…
Bitcoin exchanges see the largest one-day exchange BTC inflow since the Silicon Valley Bank collapse. Source: https://cointelegraph.com/app/public/index.php/market-releases/bitcoin-price-volatility-10k-btc-exchanges
