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Jack Dorsey’s Block Inc. Initiates Layoffs to Reach 12,000 Employee Cap


Block Inc., led by Jack Dorsey, has started implementing job cuts in a bid to reduce its workforce by the end of the year. According to a recent report by Business Insider, Block has commenced a gradual reduction of its workforce, aiming to decrease its current staff count of approximately 13,000...

Avalanche Announces Eligibility Criteria for Meme Coin Purchasing Program


The Avalanche Foundation, a non-profit organization seeking to support the avalanche ecosystem, has announced the rules covering its already active meme coin purchasing program. The institution has defined the holder count, concentration, liquidity, liquidity providers, lifespan, and market...

Bitcoin Adoption Soars: In-Person Vendors Accepting Bitcoin Triple in 2023


Source: DALL·E The landscape of cryptocurrency usage is rapidly changing, with over 6,000 in-person vendors across the globe now accepting Bitcoin. According to BTC Map, the up-to-date number of merchants accepting Bitcoin holds steadily above 6,000, currently at 6,332 as of Jan. 8. In the past...

10 Best Crypto Twitch Streamers To Follow In 2023


Trading within the volatile schemes of the crypto space is not only fun for traders but also for those who watch it. That is why crypto Twitch streamers have started to gain as much steam as gamers like Asmongold, who put their game walkthroughs and gained a large subscriber count.  Crypto Twitch...

Hacker Drains Over $2 Million from Safe Wallet- What’s Going On?


Source: Pixabay A malicious actor has stolen over $2 million from Safe Wallet users in the past week through address poisoning theft raising the total victim count to 21.  Several blockchain security firms have tracked suspected activity from different transactions resulting in losses from Safe...

Interest in Bitcoin Soars: Wikipedia Page Records Highest Views in Months


Online traffic to Bitcoin’s Wikipedia page surged last week, signaling rising public interest in the asset as its price soared to a new yearly high. On October 24, the page registered nearly 13,500 visits – the highest daily count since Bitcoin’s price plummeted below $20,000...

The Leading 5 Defi Categories Overseeing Billions: An October 2023 Snapshot


As of October 1, 2023, $39.50 billion is nestled within decentralized finance (defi) platforms. Let’s dive into the top five categories, spotlighting the diverse array of defi protocols, the count of these applications, and the wealth they encompass. A Look at 5 Defi Categories Commanding...

Axie Infinity’s Stats Slump: A Play-to-Earn Reality Check


Axie Infinity ranks among the largest blockchain-driven play-to-earn games ever. However, its luster has dimmed considerably from its January 2022 peak. Then, a robust 2.78 million average monthly players flocked to the game. Yet, today’s count stands at a mere 359,254 average monthly...

Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?


This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of...

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