Month: March 2023

• Disney recently laid off its metaverse team as a part of its company-wide staff reduction. • The company had jumped on the Web3 bandwagon in 2022, but is now questioning its value. • Last month, Disney announced budget cuts of $5.5 billion which resulted in the termination of 7000 jobs, including the entire metaverse…

• Stardust, a leading Web3 game development platform, has announced a strategic partnership with Space and Time (SxT), a leader in decentralized data warehousing. • The partnership aims to provide game developers with scalable analytics for in-game activities and on-chain events, empowering them to build blockchain-based games powered by analytic insights. • Space and Time’s…

• Hedera Network has blocked access to their wallet and app due to technical irregularities. • SaucerSwap, a decentralized exchange on the Hedera Network, has encouraged its users to withdraw their liquidity. • The cause of the irregularities is thought to be an exploit in smart contracts. Hedera Network Blocks Access The Hedera Network has…

• The UK property market has outperformed crypto in 2022, with house prices increasing by 10.4% compared to a decrease of 40.9% for bitcoin. • Despite economic headwinds dampening the rate of house price growth towards the end of 2022, it could be argued that property is now massively overvalued and forming a bubble. •…