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CryptoSlate Wrapped Daily: Polygon lays off 20% of staff; Helium sets Solana migration date

Crypto MATIC +2.76%

CryptoSlate Wrapped Daily: Polygon lays off 20% of staff; Helium sets Solana migration date

Polygon is letting go of one-fifth of its staff but insists that it is still financially healthy. Elsewhere, the wireless hotspot project Helium has said it will move to Solana in late March. These and other stories in today's edition of CryptoSlate Wrapped.

Mike Dalton 5 min read 4 years ago

Web3 gaming sees strong start to 2023 with on-chain surge

Web3 gaming sees strong start to 2023 with on-chain surge

A new gaming report shows an increase in investments, on-chain activity, and growth in trading volume for virtual worlds.

4 min read 4 years ago

Friendsies NFT collection rug pulls, deactivates Twitter

Friendsies NFT collection rug pulls, deactivates Twitter

Approximately $5 million was raised from the initial sale of the NFTs in 2022, prompted by many of the industry's biggest influencers

2 min read 4 years ago

Ankr surges 70% in an hour

Tokenization ANKR +1.14%

Ankr surges 70% in an hour

Following Ankr protocol's announcement regarding its use of Microsoft Azure, the ANKR token increased from $0.03305 to $0.05583 in one hour.

1 min read 4 years ago

Former Binance executive aims to raise $100M to start crypto adoption focused VC

Former Binance executive aims to raise $100M to start crypto adoption focused VC

Bill Qian told Bloomberg he hopes Cypher Capital will focus on nurturing crypto startups across web3 and internet of things.

2 min read 4 years ago

Digital asset investments recorded over $30M outflows in a week

Analysis BTC +0.21%

Digital asset investments recorded over $30M outflows in a week

Bitcoin-based investment products saw $25 million of outflows, while short-Bitcoin investment recorded $3.7 million inflows.

1 min read 4 years ago

British MP Matt Hancock launches NFT charity project for Ukraine

British MP Matt Hancock launches NFT charity project for Ukraine

A Ukrainian family who fled Kyiv is launching a charity NFT collection to raise money for CARE International's Ukraine Humanitarian Appeal.

3 min read 4 years ago

NFTs jump to 27% of ETH gas usage led by Blur marketplace

NFTs ETH +0.03%

NFTs jump to 27% of ETH gas usage led by Blur marketplace

The news comes as Blur and OpenSea continue to duke it out over supremacy in the NFT space, with Blur also overtaking OpenSea in volume.

3 min read 4 years ago

Polygon sacks 20% of staff, says it remains financially healthy

Polygon sacks 20% of staff, says it remains financially healthy

Polygon has a balance of over $250 million and holds 1.9 billion MATIC tokens — worth roughly $2.7 billion according to current value.

1 min read 4 years ago

Ankr’s node hosting app launches on Azure marketplace

Ankr’s node hosting app launches on Azure marketplace

The new app is a fully-managed node hosting solution that allows bandwidth, memory and location customization.

1 min read 4 years ago