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” Google launches blockchain node engine for Web 3.0 developers “ According to a new announcement on Thursday, tech-giant Google says it’s launching an in-house Blockchain Node Engine (BNE) based on Google Cloud. As a node-hosting service, BNE enables Web 3.0 companies to relay transactions, deploy smart contracts, and read or write blockchain data directly…
” DeFi Pioneer Echoes SBF in Call for Tighter Crypto Regulations “ Respected former decentralized finance (DeFi) project founder and developer Andre Cronje has resurfaced after a lengthy hiatus to call for tighter regulations on the crypto sector amid the implosion of multiple firms this year. The comments echo similar sentiments to that of FTX…
” Metaverse losses top $3.6B for Meta with spending set to increase “ Big Five technology player Meta is still burning cash through its Metaverse research and development arm Reality Labs with a $3.67 billion loss posted for the third quarter of 2022, stating those losses will further deepen next year. The company’s Q3 2022…
” SushiSwap to create three DAOs in Panama and Cayman in business restructuring “ The Sushi DAO, the decentralized autonomous organization behind crypto exchange SushiSwap, has approved a legal restructuring on Oct. 26 that creates three new decentralized entities, aiming to provide more flexibility to its operations. The proposal, which received 100% votes in favor,…
” Venture capital recedes from crypto in Q3, but not all is bleak: Report “ In 2022, it’s no surprise that most assets are in a bear market. People have a variety of signals they look for when determining a good time to enter the market, and Cointelegraph Research’s Venture Capital Report for Q2 revealed…
” Friday after-work drinks with Twitter’s new owner Elon Musk, who’s in? “ Crypto-friendly billionaire Elon Musk is set to finalize the acquisition of social media platform Twitter by Friday, Oct. 28 which brings to a close the protracted Musk-Twitter saga. On Oct. 24 Musk vowed to the banks assisting with the roughly $13 billion…
” Almost 50% of Gen Z and Millennials want crypto in retirement funds: Survey “ Nearly half of Gen Z and Millennials want to see crypto become a part of their 401(k) retirement plans, according to an October survey from United States asset manager Charles Schwab. Asking participants what they would like to see added…
” What does the global energy crisis mean for crypto markets? “ There’s no denying that the world is currently facing an unprecedented energy crisis, one that has compounded severely in the aftermath of the COVID-19 pandemic so much so that countries across the globe — especially across Europe and North America — are witnessing…
” Near Foundation sets up $40M fund to bail out USN investors in case of collapse “ Near Protocol’s in-house stablecoin, USN, recently became undercollateralized, forcing Near Foundation to recommend winding down USN to prevent a situation similar to the Terra (LUNA) and UST collapse. Supporting this move, the Near Foundation opened up a $40…
” Key witness called to testify at Terra parliamentary inquiry is a no-show “ The CEO of venture capital firm Hashed and early Terra (LUNC) investor Kim Seo-joon has cited “extreme stress” following the Terra crash as the reason for his no-show at South Korea’s National Assembly’s Political Affairs Committee. Seo-joon was one of six…