SharpLink Gaming (SBET), the Nasdaq-listed crypto treasury firm helmed by Ethereum co-founder and ConsenSys CEO Joseph Lubin, unveiled on Tuesday that its ether (ETH) holdings increased to 438,190 tokens, worth roughly $1.68 billion at current prices The company bought 77,209 ether (ETH), or $297 million, through the week ending on July 27. It has also … Read more
Japanese tech giant Sony is gearing up to run a crypto exchange business through WhaleFin, which it acquired in 2023. With this, Sony will have found itself testing rougher waters in the Web3 domain, that is not only laden with financial risks but also with regulatory scrutiny around the world. Sony plans to restart the … Read more
The crypto sector, currently valued at $2.38 trillion (roughly Rs. 2,00,08,386 crore), may have just seen the largest acquisition deal of the year. US and Ireland-based fintech firm Stripe has reportedly spent $1.1 billion (about Rs. 9,248 crore) to acquire Bridge, a platform that facilitates stablecoin issuance. Michael Arrington, founder of TechCrunch, claimed in a … Read more
Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that has extended massive layoffs over the past years into 2024. The cuts represent about 8 percent of the overall Microsoft Gaming division and will mostly happen at Activision Blizzard. … Read more