Reddit enlisted FTX and Arbitrum to launch its tokens on Ethereum. Users now can move Reddit’s Community Points to Arbitrum-built Ethereum wallets and pay gas fees with FTX Pay. Last month, top forum contributors earned up to $340 in Community Points tokens for posting in the r/cryptocurrency subreddit. Despite the bear market, FTX is continuing…
Luxury brand Tiffany & Co. has jumped into the NFT world with a collection of limited edition Ethereum-based tokens and corresponding CryptoPunks-themed jewelry. Priced at 30 ETH, or about $50,000, the 250 pieces sold out in around 20 minutes, bringing in more than $12.5 million. On August 5, the world-famous luxury jeweler launched its first…
According to a new LinkedIn job posting, financial giant Morgan Stanley is looking for a product development manager with a primary focus on building a wide range of new crypto products. The new executive will lead the team responsible for more than $900 billion in assets under management. The Block reported that the new position…
Messari’s latest report indicates that the market pullback in the year’s first half did not shake investors’ confidence in the growing crypto industry. As per the report, the overall amount of money raised in the first six months already exceeds the $30.2 billion that was raised in 1313 rounds throughout the entire year of 2021….
Breaking crypto news from the last week (July 30 – Aug. 5, 2022): July 30: Finder.com, a panel of crypto industry experts, expects Dogecoin (DOGE) to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” experts said, blaming Tesla CEO Elon Musk for the popularity of the…
British-based fintech company Revolut plans to expand its staff by 20% across different regions, including the UK, US, and Europe. The company plans to add these new employees to its crypto team over the next six months. Revolut is hiring employees across various positions, including crypto legal experts, software engineers, crime prevention experts, and financial…