China’s CBDC transactions volume crosses $14B mark
Bank of China’s electronic yuan, or e-CNY, is the most frequently used Central Bank Digital Currency (CBDC) globally as transaction volumes total 100.04 billion yuan, or almost $14 billion. By the end of the summer, 360 million transactions had been completed in 15 provinces under the CBDC pilot program, according to the information posted on […]
Move-to-earn game STEPN to layoff 100 staff due to crypto market decline
Solana-based move-to-earn game STEPN is reportedly planning to lay off about 100 staff owning to the cryptocurrency bear market and its user base declining from recent highs. According to cryptocurrency writer Colin Wu, moderators and ambassadors will be among the fired employees, and investment in STEPN will be reduced. Wu said, citing sources in the […]
October is now crypto’s biggest hack month – Report
According to blockchain analytics firm Chainalysis, October 2022 is now the biggest month to witness hacking activities with roughly $718 million hacked already even as the month is yet halved. Despite the fact that the month hasn’t even halfway passed, Chainalysis reported that hundreds of millions had been taken advantage of through 11 distinct hacks […]