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Mass Resignation Greets Musk’s “Extremely Hardcore” Ultimatum to Employees, Forcing Twitter to Close Offices

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Hours after Elon Musk issued the “extremely hardcore” work notice, an ultimatum to work intense long hours to build a breakthrough Twitter 2.0, to Twitter employees, there has been mass resignation at the social media company.

Musk was reportedly forced to relax his ‘no remote work’ policy because several Twitter employees refused to sign his ultimatum. The situation started with the resignation of the company’s CISO, Chief Privacy Officer and Chief Compliance Officer.

“Everyone should know that our CISO, Chief Privacy Officer and Chief Compliance Officer ALL resigned last night. This news will be buried in the return-to-office drama. I believe that is intentional,” Zoe Schiffer, managing editor of Platformer, quoted a senior member of Twitter’s legal team posting in Slack.

“Twitter is a remote-first workplace, and has operated as such for years. It is a fundamental change to our employment contracts to require a 40hr a week in-office requirement. I do not, personally, believe that Twitter employees have an obligation to return to office,” the senior member of Twitter’s legal team added.

On Thursday, according to Schiffer, Twitter alerted employees that effective immediately, all office buildings are temporarily closed and badge access is suspended. No details given as to why.

Schiffer said Twitter is believed to have taken the step because Elon Musk and his team are terrified employees are going to sabotage the company. Also, they’re still trying to figure out which Twitter workers they need to cut access for.

The development has triggered concern among Twitter users that the platform, without experienced employees to run it, is on the verge of collapse. Hashtags such as GoodByeTwitter and RIPTwitter have been trending on the platform, underlining users’ fear that Musk may be running the social company aground.

Though he tweeted early Friday morning that “we just hit another all-time high in Twitter usage” and has joked about the company’s current situation using memes, Musk is understood to be uncomfortable about the situation.

Musk started his era as Twitter’s owner firing the company’s executives, including the CEO Parag Agrawal. He followed up by halving the company’s entire 7,000 workforce in an effort to cut running costs.  Musk paid $44 billion for Twitter, a price higher than the company’s actual value. The billionaire’s Twitter 2.0 agenda is thus geared toward recuperating the money he invested in the acquisition.

“Over the last 2 weeks, Elon has shown that he cares only about recouping the losses he’s incurring as a result of failing to get out of his binding obligation to buy Twitter. He chose to enter into the agreement! All of us are being put through this as a result of his choices.

“Elon has shown that his only priority with Twitter users is how to monetize them. I do not believe he cares about the human rights activists, the dissidents, our users in un-monetizable regions, and all the other users who have made Twitter a global town square,” the senior member of Twitter’s legal team said.

Advertisers halted their Twitter patronage as concern piles up about where the company is headed with the changes being introduced by Musk. The world richest man had accused activists of masterminding the boycott.

Besides the drop in ad revenue, the greatest threat to Twitter’s existence is Musk’s fight with several employees who maintained critical infrastructure at the company. The company said offices will reopen on November 21st. It however urged employees to “continue to comply with company policy by refraining from discussing confidential company information on social media, with the press or elsewhere.”

Under Musk’s ultimatum, Twitter employees who don’t sign the “hardcore” agreement by 5pm Thursday have effectively resigned. Twitter said they’ll be on payroll for 2 months and get an additional month of severance, pending a separation agreement that has not yet been shared.

With the designers leading Musk’s Blue verified project, along with the lead web engineer also out, Musk is facing the most challenging period of his Twitter adventure.

So far no Twitter employees have been deactivated — even those who’ve publicly resigned. Musk and his team only collected the list of “yes’s” — employees who said they want to be part of Twitter 2.0. They’re still trying to track who is out, Schiffer said.

Big Eyes: A Meme Coin with Excellent Price Prediction Competing with Litecoin and Pancakeswap Coins

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The bedrock of a successful crypto project relies on 3 major foundations: formidable community, exclusivity, and utility. Big Eyes Coin (BIG) possesses these three crucial features, which indicate that the project is on the right track.

The fan bases of Big Eyes are increasing daily, and members are already broadcasting the goodwill of the project. The increased community of Big Eyes results from the project’s several utilities.

As part of its goal of providing essential human services worldwide, the Big Eyes team contributes to several noble causes. In some ways, Big Eyes has been fulfilling this goal during its ongoing presale period.

Within this period, Big Eyes has used its platform to support several charities globally. Big Eyes has already donated to four reputable charity foundations with plans to support more.

Essentially, the core architecture of Big Eyes is hosted on the Ethereum blockchain network. Hosting the Big Eyes project on the Ethereum network is to provide users with an excellent experience as they explore its ecosystem.

Some existing blockchain projects faced technical limitations like scalability, congestion, throughput, and security lapses. Big Eyes chose the Ethereum network as its host to avoid those problems on its platform.

Additionally, all projects on the Ethereum network, including Big Eyes, enjoy more optimized services. The optimization results from the successful Ethereum merge that occurred a few weeks ago.

The Ethereum merge will ensure that Big Eyes fulfills its plan of providing users with scalable, swift, and secure operations. Big Eyes can also boast of mining activities with reduced energy consumption in its ecosystem.

Big Eyes Token: More Info

The utility currency powering the Big Eyes economy is BIG, an Ethereum-based coin compliant with the ERC-20 standard. The ideal position for the BIG token is to be among the most sought-after coins in the future. Plans to accomplish this are already in motion by the Big Eyes team.

Comparing Big Eyes with Litecoin and Pancakeswap

Litecoin: A Lighter, More Agile Version of Bitcoin

Litecoin is a non-custodial peer-to-peer crypto project that works similarly to Bitcoin. Due to its unique cryptographic algorithm, many have dubbed Litecoin as the updated version of Bitcoin. People utilize Litecoin to execute cross-border transactions, make payments, and store value.

Litecoin was launched to solve several Bitcoin shortcomings. This solution includes reducing the validation period of new blocks and upholding storage efficiency.

Litecoin aims to attract more merchants to adopt its token, LTC, for payment instead of Bitcoin BTC. There are about 66 million LTC in circulation out of the maximum 84 million coins in reserve.

Pancakeswap: Efficient and Powerful

Pancakeswap is a decentralized exchange running on the BNB chain network. Pancakeswap swap facilitates the efficient swapping of coins compliant with BEP-20 standards. Major competitors to Pancakeswap are SushiSwap and Uniswap, which reside on the Ethereum network.

Pancakeswap offers numerous advantages over its competitors. For instance, the platform interface requires no complex training for beginners. Pancakeswap also guarantees anonymous, fast, and cheap transactions on its exchange.

Pancakeswap includes several earning options for users’ leverage. Its native currency is CAKE, a BEP-20 token that powers the Pancakeswap economy.

Method to acquire the Big Eyes utility token during its presale

The presale of the BIG token is a great opportunity for those eager to participate in the Big eyes launch. Start by downloading Metamask for PC or Trustwallet for mobile. Afterward, you should create a wallet account based on your choice. Please also ensure you safeguard your security details from intruders.

Using Coinbase, or any prominent crypto exchange, fund your new wallet with ETH or BNB before purchasing the BIG coin.

Once your wallet has been registered, you need to link it to Big Eyes’ official presale portal by visiting https://bigeyes.space/#signup in your preferred browser. Fill out the form with your details and the number of BIG tokens you want to purchase. Use the exclusive code: BIGE044 for exclusive bonuses!

When you have selected the payment token and checked the terms and conditions box, you can click buy to complete the purchasing process. By completing this step, your BIG token order is complete. At the end of the token presale period, you will receive the assets you purchased in your wallet.

Conclusion: BIG is One to Keep Your Eye On

Big Eyes is a special crypto project with several advantages over its peer meme token in the market that guarantees massive adoption. Buy the token now to enjoy its benefits.

 

For all things Big Eyes Coin (BIG), follow the links below:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Youtube: https://www.youtube.com/watch/BIGEYES

Ripple, Axie Infinity, and Dogeliens Token: Three Alternative Coins With Potential 100x Profits

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The cryptocurrency sector is currently experiencing difficulties because of the continuous bearish trend. Day-to-day operations within the industry have been stressed by the negative run the cryptocurrency market had undergone since the beginning of the summer when global financial markets plummeted. The cryptocurrency industry as a whole is keen for this period of negative pricing and high market volatility to end.

Despite this, the current bear market presents a once-in-a-lifetime chance to make money. Now that cryptocurrency prices are so low due to the bear market, investors should stock up on promising altcoins in anticipation of huge gains down the road. It’s a proven tactic that can fix the industry’s current issues.

Regardless of the current negative market, investments in Ripple (XRP), Axie Infinity (AXS), and Dogeliens Token (DOGET) could yield substantial returns. Below, we look at their advantages as excellent crypto investment choices in the long run.

Ripple (XRP)

Tokenized as XRP, Ripple Labs is a platform that facilitates asset trading, remittance networks, and settlements.

While both Ripple and SWIFT facilitate cross-border payments, Ripple distinguishes itself from SWIFT by having a native token, XRP, that has already been mined and employing a less complex mining mechanism than those of more significant cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

Ripple Labs is a P2P network of users who desire to function as banks and extend credit to one another.

Today, Ripple (XRP) is most well-known as a worldwide payment network that handles financial services and massive institutions. To that end, the company is increasing its efforts to promote the speedy conversion of multiple currencies.

To better serve btrax’s Web3 businesses in the Asian cryptocurrency market, the company recently struck an agreement to become a strategic partner of btrax.

Axie Infinity (AXS)

The virtual game platform Axie Infinity was developed on Ronin, a blockchain connected to Ethereum through a side chain. With the help of the game protocol, participants in the ecosystem can create hybrids, amass collections, and engage in fighting between NFTs. The term “Axies” is used to refer to these digital creatures. Regarding the platform’s digital creatures, Axies stand out as unique and fierce.

Users can assemble powerful teams by collecting Axies. Online gambling on Axie Infinity is based on the “play to earn” principle. Using your Axie NFTs in games can earn you real-world money. Gather things up, then sell them in the market when the time is right, and their value is high. The value of NFTs is typically based on how rare or special they are.

Over the past few years, Axie’s marketplace has seen close to $4 billion in transactions from its roughly 3 million daily members.

The Axie Infinity tokens, also known as Axie Infinity Shards, are ERC-20 tokens. The coin is used for everything from game universe administration to stakes to transactions, in-game purchases, and the distribution of prizes. A large number of crypto enthusiasts are currently monitoring the cryptocurrency asset; there are over 500,000 watchlists that include it.

Dogeliens (DOGET)

In the rapidly expanding world of cryptocurrencies, the Dogeliens Token (DOGET) stands out as a promising up-and-comer. During the current market downturn, the token will undoubtedly appreciate.

The Dogeliens crypto project, which includes staking and other DeFi features to facilitate user savings and increase incentive earnings, uses its token, Dogeliens Token (DOGET).

The Dogeliens Token (DOGET) serves as the utility and governance token for the project and is used for various purposes within the cryptocurrency industry.

As the presale phase of Dogeliens Token (DOGET) draws to a close, investors will have the chance to take advantage of the token’s generous bonuses, such as a 75% increase in tokens for repeat buyers.

More information can be found below:

 Presale: https://buy.dogeliens.io/

 Website: https://dogeliens.io/ 

 Telegram: https://t.me/DogeliensOfficial

PancakeSwap and Serum Are Both Trending! But The True 1000x Innovation Is Snowfall Protocol!

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You may have heard of PancakeSwap (CAKE) and Serum (SRM), both of which are trending currencies in the crypto world. But if you’re looking for true innovation, you need to look at Snowfall Protocol (SNW)!

This is because Snowfall Protocol (SNW) is the first cross-chain transfer ecosystem built for fungible and non-fungible tokens. That means that you can use it to swap assets across different blockchain platforms – even those that are incompatible with each other!

This makes Snowfall Protocol(SNW) an essential tool for anyone who wants to communicate with every blockchain out there. This is like how the first printing press was essential for the spread of knowledge across Europe – it’s a game-changer that will make it possible for millions of people to access the full potential of cryptocurrencies.

Website: https://snowfallprotocol.io

Presale: https://presale.snowfallprotocol.io

Snowfall Protocol (SNW) has already shown tremendous growth since its presale stage began, with an increase of more than 140%. This is due to their unique compatibility model.

What Is PancakeSwap (CAKE)?

PancakeSwap (CAKE) is a decentralized cryptocurrency exchange built on the Binance Smart Chain. PancakeSwap (CAKE) allows users to trade digital assets in a trustless and permissionless manner.

This DEX has become popular as the Binance Smart Chain continued to grow. However, you can only use PancakeSwap (CAKE) to trade assets that are compatible with the Binance Smart Chain. PancakeSwap (CAKE) does not support cross-chain trading. This hindrance will become more apparent as the number of blockchains increases.

Dependency on Binance is also a concern as the Binance Smart Chain (BSC) is a Binance product. If PancakeSwap (CAKE) experiences any issues, it would likely be due to problems with the Binance Smart Chain (BSC). As a centralized entity, Binance can make changes that PancakeSwap (CAKE) may not agree with. This gives PancakeSwap (CAKE) less control over its own destiny.

What Is Serum (SRM)?

Serum (SRM) is a decentralized exchange built on the Solana blockchain. Serum (SRM) offers fast and cheap transactions. However, Serum (SRM) only supports assets that are compatible with the Solana blockchain. This too shows how a lack of interoperability can be a hindrance to a project’s growth.

The Serum (SRM) team has made some mistakes. For one, the platform is not user-friendly. The interface is complicated to navigate. This has been a turnoff for many potential users. In addition, the Serum (SRM) is not widely known. It doesn’t have the same brand recognition as PancakeSwap (CAKE) or Binance.

The Bottom Line

PancakeSwap (CAKE) and Serum (SRM) may offer digital asset swaps, but they are stuck on their own platforms. They both lack the true innovation of Snowfall Protocol (SNW), which has the potential to connect every blockchain in the world.

Experts predict that Snowfall Protocol (SNW) has the potential to grow 5000% by the time it is launched. Top market analysts predict that Snowfallprotocol.io (SNW) can be the next 1000x token. So if you’re looking for true innovation in the world of crypto, don’t procrastinate – buy Snowfall Protocol (SNW) today!

 

Presale: https://presale.snowfallprotocol.io

 Website: https://snowfallprotocol.io

 Telegram: https://t.me/snowfallcoin

 Twitter: https://twitter.com/snowfallcoin

Solana’s Connection with FTX might lead to Collapse of the Chain

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No Blockchain Infrastructure has been hit harder by the FTX fallout, than the Solana Blockchain. Over the past two years, Solana Blockchain has rapidly risen to be one of the largest blockchains by both market capitalization and usage. This growth was largely driven by Sam Bankman Fried who was both a massive investor and voice for the ecosystem.

Solana’s connections with FTX/Alameda

Alameda Research and FTX, owned 58.08M SOL tokens which represents nearly 11% of the Solana total supply. Between FTX bankruptcy, lockup periods, and the recent hack, it’s unclear how much of this has been dumped already versus how much will be tied up in litigation. In the past seven days, $SOL has tanked -51% in price, putting it at -94% below its all time high. It’s not entirely clear how much of this was from FTX/Alameda dumping vs. other insiders/holders dumping out of fear of the unknown.

Aside from just the SOL token price tanking, Solana DeFi has also taken a massive hit. After hitting a high of $10.17B back in November, Solana TVL is down to just $327M according to DefiLlama, this comes off heels of the $100M+ Mango-markets hack last month. A lot of this has to do with a project called ProjectSerum, which was a top DEX on Solana and provided liquidity for other Solana protocols. Unfortunately, Project Serum was launched by SBF, apparently Serum program ‘update’ private key was controlled by FTX which makes it compromised.

Most of the top Solana dApps such as MagicEden and Phantom have dropped support for the legacy Serum protocol and the community is working on a fork. $SRM is down 58% in the last week off the news. Specifically, $soBTC and $soETH, are being dumped since they were both backed by collateral on FTX. FTX was also heavily invested in the Solana ecosystem through FTX ventures and Alameda. This includes projects such as helium which is migrating to DustLabs (team behind DeGodsNFT), and Solcialofficial (a Web3 social network).

Solana Foundation had some direct exposure of its treasury to FTX. They had $1M in assets stuck on FTX before withdrawals were paused (<1% of total treasury). They also hold 3.24M common shares of FTX trading & 3.43M in $FTT both have likely tanked to near $0. Relatively, Binance announced on Nov. 17 that deposits of Solana-based USDT and USDC have been “temporarily suspended until further notice” on the platform.Other top CEXs like; Bybit, Kraken, and OKX have also halted deposit on the USDC/USDT- Solana pair on their platforms. Circle, the Issuer of USDC and Euro Coin tweeted that there’s no issues with Issuing and Redeeming USDC.

However, Circle doesn’t offer a way for retail customers to redeem USD on-ramp USDC, assuming the regulatory risk is way too high to be worth bothering with retail. They can onboard the banks that then onboard the retail similar to Zelle’s model. The biggest safeguard for retail is that they’re able to redeem SPL-USDC through Circle, otherwise retail SPL-USDC holders are beholden to CEXs, who could close deposits, and wormhole liquidity pools which could dry up at any given time.