Coinbase un-hires new recruits due to market conditions

đź‘‹ Want to work with us? CryptoSlate is hiring for a handful of positions! Coinbase announced that it un-hired some of the new recruits and is suspending further job offers for the foreseeable future to navigate the bear market conditions better and emerge stronger. The company informed the cancellation by sending an e-mail to the…

What now for crypto as ESG called out as a scam?

Environmental, social, and corporate governance (ESG) is billed as a powerful vehicle to create value, drive sustainability, and deliver a more equitable world. But behind the social justice warrior hype lies the potential to pick winners and losers, and unfortunately for crypto, the verdict is mainly negative from an ESG perspective. To read the rest…

Fidelity is doubling its staff to introduce Ethereum offering

đź‘‹ Want to work with us? CryptoSlate is hiring for a handful of positions! Fidelity Digital Assets, a subsidiary of Fidelity Investments, will double its headcount, adding 110 additional tech workers by the end of the year. The new hires, which include engineers and blockchain developers, will work on building the infrastructure needed to support…

Coinbase top executives reportedly made over $1B via stock sales

đź‘‹ Want to work with us? CryptoSlate is hiring for a handful of positions! A new Wall Street Journal report has revealed that four top officials of Coinbase have cumulatively made over $1 billion by selling the company shares since the exchange went public last year. According to the report, the officials involved in the…

GameStop rolls out web3 wallet for crypto, NFTs

đź‘‹ Want to work with us? CryptoSlate is hiring for a handful of positions! Electronics retail company GameStop Corp has launched a digital asset wallet that enables users to store, send, receive, and use cryptocurrencies and non-fungible tokens (NFTs). GameStop announced this news earlier today, noting that the wallet will operate across decentralized applications (dApps),…

These companies are using blockchain to improve ESG compliance for the mining industry

Sentient Equity Partners has joined the xx network to use its blockchain ecosystem to post its ESG compliance data in a public and transparent matter. As part of its efforts to increase transparency, Sentient will also collaborate with C02 Labs and the xx network to develop a platform for mining operations’ ESG compliance. While neither…

Twitter shareholders enter discussions with Musk over takeover offer

Elon Musk has successfully engaged some of Twitter’s shareholders in discussions over his unsolicited takeover offer, Reuters reported, citing people familiar with the matter. However, the discussions are still preliminary and may not result in a deal, sources told the newswire. According to the report, Musk has been meeting shareholders to seek support for his…

AMC Theatres now accepts Dogecoin, Shiba Inu

AMC Theatres has partnered with Bitpay to offer various crypto payment options, including Dogecoin (DOGE) and Shiba Inu (SHIB). AMC Theatres CEO Adam Aron announced the development on Twitter. In the tweet, Aron said that people across the U.S. using AMC’s iOS and Android apps could use crypto payments to pay for tickets and other services….

AVAX developer Ava Labs looking to raise $350M in new funding round

Ava Labs Inc., the lead developer behind the Avalanche (AVAX) blockchain, is looking to raise $350 million in a funding round at a $5.25 billion valuation, Bloomberg News reported, citing people familiar with the ongoing discussions. If closed, the deal would make Ava Labs one of the world’s most valuable crypto projects. Avalanche is an…