Yuga Labs Announces Restructuring and Layoffs

As a researcher with experience in the NFT and blockchain industry, I’m closely following the developments at Yuga Labs, especially after their recent announcement of layoffs and business restructuring. The company, known for its popular NFT collectible, is pivoting its strategy to prioritize the Otherside Metaverse over a broader approach. According to a memo from … Read more

Eminem Hints at Crypto.com Collaboration in Social Media Post

As an experienced financial analyst, I’ve been closely monitoring the intersection of celebrity endorsements and the cryptocurrency industry. Eminem’s recent tweet, promoting Crypto.com with the #FFTB (Fortune Favors The Brave) hashtag, is a clear indication that we can expect an official collaboration between the two parties soon. Eminem’s tweet ignited a flurry of debates and … Read more

Phoenix Crypto Wallet to Withdraw from US App Stores

As an experienced financial analyst with a strong background in the cryptocurrency industry, I find this development deeply concerning. The decision by US app stores to remove Phoenix Wallet from their offerings on May 3rd, 2024, is a significant blow to its user base and raises serious questions about the future of self-custody solutions within … Read more

Phoenix Wallet Exits US Market Fearing Regulation

As a researcher with extensive experience in the field of cryptocurrency and blockchain technology, I cannot help but express my deep concern over the recent developments regarding the removal of the popular Phoenix wallet from US app stores on May 3rd, 2024. Starting from May 3rd, 2024, I’ve noticed that the Phoenix crypto wallet, a … Read more

Optimism Enhances Security with Layer-2 Testnet Updates

As an experienced analyst in the blockchain industry, I find it concerning that two significant vulnerabilities were discovered in Optimism’s testnet. These flaws, which could potentially allow unauthorized editing of the blockchain’s history, are serious issues that need to be addressed promptly to maintain the integrity and security of the network. As a diligent researcher, … Read more