Financial giant Goldman Sachs plans to spend "tens of millions of dollars" to buy or invest in crypto firms whose valuations have been hit by the demise of crypto exchange FTX. The bank is doing due diligence on several different crypto firms, according to a report from Reuters. "We do see some real...
Bitcoin mining difficulty is down 7.2%, the biggest drop since July 2021, according to an update posted on BTC.com. It's the largest single step down since a nearly 28% plunge following China’s crackdown on mining in the summer of last year, which caused the network’s hashrate to plummet. The most r...
Aave Companies acquired Sonar, a mobile social gaming app that supports NFT-based avatars, in an effort to expand Lens Protocol for identity across web3 consumer products. Sonar co-founder Ben South Lee joins Aave as senior vice president of product and design. His brother, Sonar co-founder Randolph...

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