Twitter's office buildings will be temporarily closed, effective immediately, the company has said. Employees were told that the offices would reopen on November 21st, according to several sources. There is no official explanation for what has occurred. The announcement comes amid reports that some staff decided to leave after the new owner, Elon Musk, ordered them to work "long hours at high intensity" or quit. The new Twitter "Hardcore" policy This week, Elon Musk reportedly told Twitter s

Three top football stars have signed ambassadorship agreements with the web3 sports fandom networking platform NFTSTAR. Neymar Jr., a Brazilian football star who presently plays for PSG, and Son Heung-Min, a South Korean player for Tottenham Fc, have partnerships with the site. Additionally, Luis Figo, the retired Portuguese footballer who won the 2000 Ballon d'Or award, signed a contract with NFTSTAR. The "Global Sports Village," according to NFTSTAR, would make it possible for followers of t

In the cryptocurrency business, a "rug pull" occurs when a development team abruptly abandons a project and sells or eliminates all of its liquidity. The name is derived from the expression "take the rug out from under someone," which means to abruptly remove support. Rug pulls flourish on DEXs because, unlike centralized cryptocurrency exchanges, these types of exchanges enable individuals to offer tokens for free and without audit. Furthermore, token creation on open-source blockchain protoco

A rebase token, also known as an elastic token, is a cryptocurrency whose supply is algorithmically modified in order to regulate its price. Rebase tokens, like stablecoins, are often tied to another asset. However, rather than utilizing reserves to keep the peg, rebase tokens automatically burn or mint new tokens in circulation. The quantity of a rebase token can be very unpredictable, but its price tends to remain stable depending on whatever asset's price it is monitoring. Every cryptocurren

Sui Network, a layer-1 blockchain developed by ex-Meta (formerly Facebook) employees, has announced the opening of its testnet - a place where the viability of the technology can be thoroughly examined. The testnet “Wave 1” will be used for validators and full nodes to “improve decentralized coordination + incident response, and identify a core group of operators who have experience in deploying, monitoring, and debugging,”  according to a tweet from the company. Sui has acquired a lot of mome

A Financial Services Permission (FSP) has been granted to Binance by the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM), the international financial hub of the capital emirate of the United Arab Emirates. Binance is the leading provider of blockchain services worldwide. Given that they satisfy the FSRA requirements, Binance will be able to offer custody to professional clients thanks to the FSP's approval. As a result, the achievement broadens the brand's perspectives

Kyle Davies calls out Sam Bankman-Fried, and says they are looking forward to justice for 3AC.

One Twitter user referred to staked ETH as a "non-redeemable" investment and others criticized the removal of the ETH staking timeframe. Critics have started to draw attention to the Ethereum Foundation's removal of the Ether staking's withdrawal schedule on social media days after Ethereum turns deflationary for the first time since switching to proof-of-stake (PoS). A member of the cryptocurrency community drew attention to the fact that Ethereum executives, developers, and influencers had s

In the most recent announcement, El Salvador Nayib Bukele said that they would start buying Bitcoin once again. President Nayib Bukele stated in a recent tweet: "We are buying one Bitcoin every day starting tomorrow." He has yet to say how long they want to keep up this purchase program, though. The collapse of multiple projects and the market crash made investors hesitant to put their money into the crypto-verse. However,  a major Bitcoin bull did not lose hope, including El Salvador President

The Singaporean investment fund stated that it spent 8 months researching FTX before purchasing a 1% stake in the exchange in 2021. Temasek, Singapore's state investment firm, has written off its entire stake in FTX, claiming that its overall exposure to the collapsed exchange is insignificant in comparison to its overall portfolio holdings. Temasek said in a statement released Thursday that the $210 million investment, which accounted for 1% of FTX International and $65 million for 1.5% of FT