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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »

2022-11-16 17:24


VRJAM AND POLYGON PARTNER TO BUILD VR-BASED ARENA IN THE METAVERSE

London, United Kingdom, 14th November, 2022, Chainwire Award-winning, live metaverse entertainment platform VRJAM has announced their partnership with Polygon, the Ethereum scaling blockchain protocol supporting Web3 technology for millions of users, to create “Planet Polygon” alongside VRJAM’s Open Beta platform launch from November 2nd. дальше »

2022-11-15 18:14


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Bitcoin’s Energy Usage Spikes To 41% In 12 Months Amid Increasing Regulatory Interest In PoW Mining

The energy consumption of Bitcoin (BTC) mining rigs soars in the third quarter of 2022, according to a report by the Bitcoin Mining Council (BMC). The report shows a 41% rise year-on-year increase in the energy consumption of the largest cryptocurrency, although new efforts and technology have been deployed to mine BTC this past 12 […] дальше »

2022-11-12 22:40


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VIDEO: Blockchain and elections | Jake Yocom-Piatt

Amid election week in the US, it felt topical to look at how technology could potentially impact the process going forward. Today, we vote with a pen and paper in most states. “Coming home to vote” is a well-repeated phrase in my home country of Ireland, where people need to travel back to their various […] The post VIDEO: Blockchain and elections | Jake Yocom-Piatt appeared first on Invezz. дальше »

2022-11-12 14:40


Former Meta Executive Joins Decentralized Social (DeSo) as COO

Seasoned tech exec brings deep expertise in business development, partner ecosystems, and go-to-market to DeSo, the leader in blockchain technology for creator content. After years spent developing the category-defining technology powering its infrastructure, Sequoia-backed DeSo is hiring Salil Shah, a seasoned executive with experience at Meta and Pinterest, to scale the business. дальше »

2022-11-8 19:00


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Fed Completes First Test With Digital Dollar, Releases Results

In its New York subsidiary, the U.S. Federal Reserve (Fed) completed the first test of Project Cedar, the initiative testing a central bank digital currency (CBDC). The New York Innovation Center (NYIC) carried out this first phase and highlighted the potential for digital assets and blockchain technology to improve legacy payment rails. Related Reading: Twitter […] дальше »

2022-11-5 21:19


Nexo-backed NFT technology provider, MetaQuants, launches real-time appraisal algorithm for NFTs

In a bid to facilitate real-time collateral appraisal for NFTs, marketplace, and wallet analytics, Nexo-backed MetaQuants, a provider of NFT solutions, has unveiled its algorithm product.   The alpha version of the new algorithm product is designed to aid NFT lending, market, overpricing, and market manipulation penalties, according to a press release shared with CryptoSlate. дальше »

2022-11-5 19:46


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How Decentralized Finance is Helping DeFi Startups Raise Capital on the Orbeon Platform

DeFi, or decentralized finance, refers to using smart contracts and blockchain technology to raise and issue securities such as stocks or bonds, usually done by big institutions. With this development in finance, startups can now raise capital without going through traditional fundraising methods, such as venture capitalists (VCs). дальше »

2022-11-3 15:24