The cryptocurrency firm Aptos has revealed that it will collaborate with Google Cloud. According to Mo Shaikh, co-founder and CEO of the startup, this time the collaboration between the two organizations is “aimed at moving the Web3 movement forward with community and strong tech at the heart”. In a panel discussion at Token2049 in London, Shaikh provided details of the partnership alongside Simon Baksys, the go-to-market and business development lead for Google's web3 division. "I think the f

Sam Bankman-Fried has reportedly asked investors for $8 billion in emergency funding to cover a shortfall caused by the flood of withdrawal requests to his crypto exchange in recent days. The CEO reportedly made the request to investors in a Nov. 9 call where he discussed ways to help solve FTX's financial problems, the Wall Street Journal (WSJ) reported. According to the source, Bankman-Fried wants to raise $3 billion to $4 billion in equity, and the exchange could raise additional debt to ma

The consumer price index (CPI) increased by 0.4% in October, much less than the 0.6% consensus estimate, according to data released on Thursday by the U.S. Labor Department. In contrast to expectations for 8% and down from 8.2% in September, the annual pace slowed to just 7.7%. Due to the FTX meltdown, Bitcoin (BTC), which dropped to a new two-year low of $15,554 on Wednesday, quickly gained $1,500, or roughly 10%, in the minutes following the report. Its price at the time of publication is $17

MetaMask, a well-known crypto wallet provider, has released a new feature that allows users to transfer their cryptocurrency across several chains. According to a blog post by MetaMask, the service is a component of its recently released portfolio app and is currently in beta testing. Connext, Hop, Celer cBridge, and Polygon Bridge are the four bridge providers that MetaMask claims its bridge aggregator will support. The cryptocurrency wallet service asserted to have gone through a thorough sc

Binance and FTX have been the hottest names recently with many twists and turns leading to the whole crypto market turning red yesterday. So what really happened? Let’s have a glimpse and check our article to have an overview of this occurrence. The start of this "crypto-earthquake" is when the $FTT price of Sam Bankman-Fried (SBF)- CEO of FTX exchange and CEO of Alameda research fund - dropped sharply on early Sunday morning (November 6). There is a rumor of a giant whale with 23 million FTT t

NTT Docomo, Japan's largest mobile network, has committed to investing up to 600 billion yen ($4 billion) on Web3 infrastructure. They plan to form a consortium that will allow people and companies to use tokens for governance. "We will further disseminate Web3 by collaborating with NTT Docomo, a firm that has generated case studies that have been utilized by tens of millions of people," Astar Network founder Sota Watanabe said in a statement. The Japanese government owns one-third of NTT Doco

As rumors concerning the stability of billionaire Sam Bankman-Fried's  FTX crypto exchange grew over the weekend, the CEO of FTX tweeted on Monday morning that "FTX is fine. Assets are fine." "FTX has enough to cover all client holdings," he added. "We don't invest client assets (even in Treasurys). We have been processing all withdrawals, and will continue to be." According to a report last week by CoinDesk, the balance sheet of FTX sister company Alameda Research was found to be loaded with

According to a Wall Street Journal story, Meta is preparing significant layoffs that might effect "thousands" of employees. At the end of September, the parent company of Facebook and Instagram reported having around 87,000 workers, but these "large-scale" layoffs are anticipated to significantly reduce that number. The major job cutbacks at Twitter, which affected roughly half of the company's 7,500 employees, may not have had the same impact on Meta as they did. Meta's CEO Mark Zuckerberg st

Four-day conference Solana Breakpoint from Nov. 4 to Nov. 7, gathered 13,000 attendees in just one of its four venues. Solana made a number of launch announcements at Breakpoint 2022 in Libson, the ecosystem's yearly conference, as it gets ready to enter the mainstream. QR Code giveaways and GeoNFTs for Solana Store Soon after, Solana Spaces' CEO and creator Vibhu Norby took the stage to offer an interactive presentation while soliciting audience members to scan QR codes to enter a drawing. N

Binance's CEO Changpeng Zhao (CZ) tweeted on Sunday informing that he will sell all of FTX (FTT) tokens on his books as a result of "recent disclosures that came to light." CZ has emphasized that this is not a move against the company's top rival. He claims that the sale will take a few months because of the lack of liquidity and that Binance will make an effort to lessen the effect on the market. He did not specify how much FTT his company will sell, but he did note that as part of the crypto