Crypto

Animoca Brands subsidiary Darewise Entertainment has announced plans to launch the first-ever metaverse token for the Bitcoin blockchain. The studio says the new token aims to power a full ecosystem on Bitcoin for gaming, brands, and real-world experiences. Bitcoin Enters the Metaverse: Darewise and Animoca Brands to Pioneer New Token Darewise disclosed that the upcoming token marks a pivotal…

Binance founder Changpeng Zhao has commented on the latest executive departures from his company’s American branch. The changes in the U.S. crypto trading firm’s management, including the release of its chief executive, followed similar developments at the global exchange. CZ Urges Followers to Ignore Binance US FUD, Says Regulatory Environment Requires New Head Binance founder and CEO…

Axie Infinity ranks among the largest blockchain-driven play-to-earn games ever. However, its luster has dimmed considerably from its January 2022 peak. Then, a robust 2.78 million average monthly players flocked to the game. Yet, today’s count stands at a mere 359,254 average monthly participants, translating to a dramatic decline of over 87%. Axie Infinity’s Dramatic 87% Decline in Average…

Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal and Risk Executives Depart as Crypto Trading Firm Cuts More Jobs Risk and legal executives are…