Immutable Games, Dubbed ‘Aussie Crypto Star,’ Sacks Over 20 Employees
Faced with a decline in cryptocurrency values, Immutable Games Studio is currently downsizing and terminating the job contracts of multiple employees, including one of its senior game designers. Just months after securing a $200 million fundraising round, the Australian tech company is now letting go some of its employees. According to CNET, citing sources, James […]
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Bitpanda, an Austria-headquartered cryptocurrency trading platform, revealed in a blog post on Saturday that it is reducing its employees to maintain sustainability. As crypto winter starts, Web3 companies are in the uncomfortable situation of laying off employees. During a corporate call early Saturday morning, Bitpanda disclosed a desired workforce of 730, or 34% of its current […]
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games like “Gods Unchained,” and the DC Comics NFT trading card game “Hro.” Gamestop Reveals Immutable X-Powered NFT Marketplace Gamestop’s (NYSE: GME) NFT marketplace nft.gamestop.com is now live, and connected to the Ethereum layer two (L2) scaling solution Immutable X. Unlike NFT marketplaces like....
Venture capitalist David Sacks, appointed by President Donald Trump as the administration’s artificial intelligence (AI) and crypto czar, is facing increased scrutiny from Democratic lawmakers regarding his tenure in the White House. Although it was originally intended to be a brief assignment, concerns have emerged that Sacks may have exceeded the 130-day limit imposed on […]
A group of 13 tech leaders — including Nvidia’s Jensen Huang, Meta’s Mark Zuckerberg, and AMD’s Lisa Su — will now help shape US technology policy alongside David Sacks, the venture capitalist who spent the past several months as the Trump administration’s top voice on crypto and artificial intelligence. Related Reading: Bitcoin Now Less Volatile […]
Quick Facts ➡️ David Sacks calls crypto ‘the industry of the future,’ emphasizing the US’s need to reassert digital leadership. ➡️ Market correction aside, on-chain and venture metrics show accelerating long-term growth. ➡️ Best Wallet Token ($BEST) empowers self-custody through a mobile-first DeFi super app. ➡️ $BEST presale is live at $0.025895 with staking rewards […]