Top Huobi Executives quit as Justin Sun assumes leadership
After Justin Sun’s takeover of Huobi, a number of the company’s top executives reportedly tendered their resignations. According to the report, Justin Sun’s Tron team has gained control of key departments at the exchange. The story went on to say that Sun wants to reduce the number of employees working at the exchange because he […]
Japanese city uses metaverse schooling to tackle absenteeism
Japanese city implemented a metaverse-schooling program to entice pupils, particularly those who lived far from school, to attend courses. The city of Toda chose the metaverse schooling service, which enables students to wander the campus and learn in virtual classrooms. According to local media NHK, pupils must first receive permission from their respective school principals […]
DeFi glossary: Most popular terms you should know in DeFi
DeFi is redefining the standards of what we anticipate from finance, and for beginners, grasping the entire lexicon of DeFi terms may be rather difficult. To make it easier, we have simplified them down into simple terms. What is DeFi? DeFi is a developing industry that enables participants to conduct financial transactions without using a […]
Solidus Labs: Web3 gets 15 new smart contract scams each hour
Smart contract frauds are becoming increasingly prevalent in the Web3 and cryptocurrency area, according to Solidus Labs, which claims to have discovered 15 new scams every hour on average. On October 27, Solidus Labs announced that since starting to monitor 12 blockchains, including Ethereum, Polygon, and BNB Chain on October 10, it had discovered 188,525 […]
Ripple discloses XRP holdings under 50% for first time
Ripple noted that its XRP ownership is declining and that it only “operates 4 of 130+ validator nodes on the XRPL.” For the first time in the history of the company, the amount of XRP tokens held by Ripple Lab has fallen below 50% of the entire circulating quantity. Some have questioned Ripple’s disproportionately substantial […]