Industry
Web3 Developer Salaries Averaging $128K in 2023
By 2023, the typical salary for a Web3 developer is projected to reach a median annual income of $128,000.Cornell RachelPayPal Seeks Patent for NFT Marketplace, Aims for Asset Trading
PayPal has taken steps toward establishing its blockchain ecosystem by filing a patent application for a system to purchase and transfer non-fungible tokens (NFTs).Hallie GillSBI and UAE's TradeFinex Forge Crypto Venture in Japan
SBI Holdings and TradeFinex are teaming up to promote the adoption of the Ethereum Virtual Machine-compatible enterprise blockchainJerry McNeillGoogle Cloud Joins Polygon Network as Validator
On September 29, Polygon Labs made an announcement that Google Cloud has joined the Polygon Proof-of-Stake network as a validator.Sherry CantwellUnraveling Chainlink Multisig Mystery & Mixin's $20M Bounty: Finance Redefined
In the world of decentralized finance (DeFi), some of the original protocols made significant strides in the past week.James DeanPond0x DEX Surges with $100M Trading Volume Amid Scam Allegations
On September 28, Pond0X decentralized exchange (DEX) announced via its official social media channel that it had achieved a total trading volume surpassingBarry StidhamVolatility Shares Cancels ETH Futures ETF Launch
Volatility Shares, a financial firm known for its ETF products, has scrapped its plans to launch an Ethereum (ETH) futures ETF on October 2Cornell RachelInvestors Withdraw Class-Action Lawsuit Against Terraform Labs and Do Kwon
A class-action lawsuit that had been brought by a group of investors against Terraform Labs and its co-founder, Do Kwon, alleging fraud, has been withdrawn.Martha GrizzardBinance Faces Class-Action Suit Over Alleged FTX Harm
On October 2, Binance.US and its CEO, Changpeng Zhao (CZ), found themselves at the center of a class-action lawsuit filed in the Northern California District Court.Wayne IngramHong Kong: The Potential Crypto Tailwind in Asia
Recent developments in Hong Kong's cryptocurrency sector have the potential to breathe new life into cryptocurrency activity in East AsiaHallie GillInspector Blames Crypto Focus and Nepotism for Silvergate Bank Collapse
Silvergate Bank, known for its cryptocurrency-friendly approach, faced a collapse this year attributed to its heavy reliance on risky cryptocurrencySherry CantwellSygnum Bank Subsidiary Awarded Major Payment License in Singapore
Sygnum Singapore, a subsidiary of the Swiss cryptocurrency bank Sygnum, has secured a major payments institution (MPI)James DeanPortugal Central Bank Chief Calls for Global Crypto Regulation
Mário Centeno, the governor of the Portuguese central bank, has echoed the sentiments of regulators worldwide by emphasizing the need for a global regulatoryBarry StidhamKazakh Crypto Miners Appeal to President Over Energy Costs
Kazakhstan, the world's third-largest market for Bitcoin mining hashrate, is facing complaints from local cryptocurrency mining operators about high energy prices.Craig GreenSam Bankman-Fried Sues Insurer as Trial Commences
In the lead-up to Sam Bankman-Fried's trial in Manhattan, a lawsuit has been filed in U.S. District Court in Northern CaliforniaCornell RachelDay 1 of Sam Bankman-Fried's Trial: Former FTX CEO Faces Legal Battle
Sam Bankman-Fried's trial commenced on October 3 with the jury selection process. Bankman-Fried faces seven counts of conspiracyWayne IngramJudge Denies SEC's Ripple Appeal: Ruling Stands
District Court Judge Analisa Torres has rejected the U.S. Securities and Exchange Commission's (SEC)Jerry McNeillArgentinian Presidential Hopeful Aims for CBDCs to Defeat Hyperinflation
Sergio Massa, a presidential candidate in Argentina, has pledged to introduce a central bank digital currency (CBDC)Sherry CantwellSEC Challenges Coinbase: Legal Showdown Looms
The U.S. Securities and Exchange Commission (SEC) has countered Coinbase's motion to dismiss the regulator's lawsuit.James DeanPatrick McHenry: Interim House Speaker for Crypto Advocates
U.S. Representative Patrick McHenry, known for his cryptocurrency-friendly stance, has been appointed as the interim House SpeakerBarry Stidham
