Yuga Labs CEO announces layoffs, focusing on ‘getting back to roots’

As an analyst with a background in business and experience following the crypto industry, I believe that Yuga Labs’ decision to restructure and potentially lay off team members is a necessary move to refocus the company on its core mission and regain its competitive edge in the rapidly evolving web3 gaming landscape. Yuga Labs will restructure, … Read more

Shiba Inu Prepares for Shibarium Hardfork Upgrade on May 2

As a researcher with a background in blockchain technology and experience following the development of various projects, I’m excited about Shiba Inu’s upcoming hardfork for its layer-2 scaling solution, Shibarium. This update is crucial for enhancing the platform’s overall functionality and user experience, which are essential components for any competitive blockchain network. On May 2, … Read more

Yuga Labs Cuts Staff to Focuses on Small Crypto-Native Team

As an experienced analyst, I’ve seen my fair share of restructuring announcements in the tech industry, and Yuga Labs’ latest move led by co-founder and CEO Greg Solano is no exception. Solano’s message to his team, as shared on X, strikes a chord with me given its transparency and candor. On Friday, Greg Solano, a … Read more

Bitcoin Runes attract $135m in fees post-halving

As an analyst with extensive experience in the cryptocurrency market, I believe that Bitcoin Runes are a game-changer for Bitcoin’s network, despite the initial surge in transaction fees during their minting phase. The data from Dune Analytics shows that the protocol has already generated significant revenue through transaction fees, and it has attracted a large … Read more

Pro-crypto lawyer to support Coinbase’s appeal against SEC

As an experienced analyst with a background in both law and cryptocurrency, I strongly support John Deaton’s decision to file an amicus brief in support of Coinbase’s motion for interlocutory appeal. Deaton’s extensive experience in cryptocurrency-related lawsuits and his deep understanding of the regulatory landscape make him a valuable voice in this ongoing debate. As … Read more