Will the Metaverse Dream Survive the Declining Interest: Predictions for 2023
Market Analysis

Meta Prepares for Layoffs in Middle Management

March 8, 2023 0

Facebook parent Meta Platforms is preparing a new round of layoffs, people familiar with the matter told Bloomberg.  The report claims that the tech giant could fire thousands of workers as soon as this week. […]

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Regulation

Sui Blockchain Developer Signs Deal With Alibaba Cloud

March 8, 2023 0

Alibaba Cloud offers a suite of cloud computing services, including elastic computing, database, storage, large-scale computing and application services. In December, Alibaba Cloud announced its Blockchain Node Service, which provides Web3 developers with scalable, efficient […]

Canaan Crypto Stock to Hit New Lows After Reporting 82% Drop in Revenue
Market Analysis

Mining Hardware Manufacturer Canaan Revenue Drops 82%

March 8, 2023 0

Canaan crypto stock reported a revenue drop of 82.1% to $56.8 million in the fourth quarter of 2022 and may fall further. Canaan, the China-based mining hardware manufacturer, reported revenue of RMB 391.9 million ($56.8 […]

Market Analysis

Binance Proof-of-Reserves Includes 11 New Tokens

March 8, 2023 0

Binance has included an additional 11 tokens in its proof of reserve (PoR) report, but the community is demanding an audit. The Changpeng Zhao-led exchange’s PoR report now shows 24 assets after adding 11 new […]