Sat - 26 Aug

26 Aug | 07 AM

Headlines for today

  • CoinDCX Lays Off 12% Of Staff

  • Shopify Integrates With ‘zero-fee’ Solana Pay

  • Buterin Rocks The Market With $1M Ethereum Transfer

  • Unstoppable Domains Launches Instant Messaging With XMTP

CoinDCX Lays Off 12% Of Staff: CoinDCX, once the shining unicorn from Mumbai after a $90 million funding boost in 2021, is now trimming its horn. Blaming pesky macro conditions and a bearish crypto market, the exchange has shown the exit door to 12% of its workforce, a whopping 71 souls! The founders, Gupta and Khandelwal, played the 'it's not you, it's the market' card, emphasizing the need for efficiency in these turbulent crypto seas. They've promised this resizing act is a one-off show. Let's hope their next headline is a bullish one, for everyone's sake! 🐻📉🦄

Shopify Integrates With ‘zero-fee’ Solana Pay: Solana Pay, the cool kid on the decentralized payment block, has swiped right on Shopify! This sizzling partnership means Shopify's vast empire of businesses can now hop onto the Solana Pay train, enjoying zero crypto transaction fees until the end of 2023. Launched just this year, Solana Pay's first dance partner for payments is USDC, the stablecoin that's a close buddy of the dollar. But insiders hint that Solana's own SOL might join the party soon. Got a Solana wallet? Good news! You can now potentially shop on 10% of U.S. e-commerce platforms. But merchants, don't forget to turn on the Solana Pay button, or you'll miss out on the crypto fiesta! 🛍️🚀💰

Buterin Rocks The Market With $1M Ethereum Transfer : In the latest crypto soap opera, Ethereum's very own Vitalik Buterin seems to be making some intriguing moves. Speculators are raising eyebrows as Buterin's "vitalik.eth" wallet, which is richer by a cool $6.5 million, had some money-shuffling recently. Our on-chain detective, Lookonchain, noticed a $1.67 million ETH withdrawal and a 251,000 RAI repayment to Maker. Now, is Buterin planning a garage sale? Past transfers to exchanges often hint at a sale, and with Ethereum's price playing hide-and-seek, this might add some drama. Oh, and for those keeping tabs, this isn't Buterin's first rodeo; he's played the transfer game earlier this year. So, grab your popcorn and watch the Ethereum charts! 🍿📉💰

Unstoppable Domains Launches Instant Messaging With XMTP: Unstoppable Domains (UD) is now adding a sprinkle of social to Web3! They've rolled out an instant messaging feature for the cool kids with .crypto, .wallet, and other UD-specific usernames. Want to chat across XMTP-friendly apps like Coinbase Wallet or Lenster? UD's got you! But Android users, hold onto your hats—messaging will be coming to you in a bit. The best part? These chats use the XMTP protocol, ensuring your messages are encrypted and safe. So even if UD pulls a Houdini and disappears, your messages won't. UD promises your chats are, well, unstoppable! 🚀💬🔐