Project Progress

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Immutable Cuts 29 Game Development Roles in AI Platform Pivot

Sydney-based blockchain gaming company Immutable removed 29 roles from its game development teams and will outsource the majority of work on its in-house titles as it pivots toward an AI-driven marketing platform. Co-founder James Ferguson said the shift reflects a broader move to extend Immutable's
GOG-1.87%
EthanBrooks·06-23 06:43
Immutable Cuts 29 Game Development Roles in AI Platform Pivot

Synthetix governance voting to retire sUSD, 1 sUSD for 4 SNX

Synthetix governance decided on June 23 to gradually retire sUSD based on the SIP-423 proposal, paying holders locked SNX at a ratio of 4 SNX for every 1 sUSD, converted. The proposal was put forward by Synthetix founder Kain Warwick and core contributor Benjamin Celermajer. Components of SIP-423: Holder snapshot, sUSD delisting, SIP-420 debt restructuring, SNX staking reform Under the SIP-423 proposal, the full plan consists of the following four parts: Holder snapshot: audit all sUSD balances
SNX0.18%
SUSD0.01%
MarketWhisper·06-23 03:54
Synthetix governance voting to retire sUSD, 1 sUSD for 4 SNX

5 former Ethereum Foundation researchers founded Ethlabs, backed by Joe Lubin

On June 22, five former Ethereum Foundation (EF) researchers announced the founding of Ethlabs, an independent, non-profit R&D organization focused on research into Ethereum’s core protocol; Ansgar Dietrichs will serve as Executive Director. Funding sources include Joe Lubin, a co-founder of Ethereum, and Bitmine Immersion Technologies. Ethlabs’ Five Founding Members and Legal Structure According to Ethlabs’ official announcement, all five founding members are former Ethereum Foundation research
ETH-0.51%
BMNR-4.45%
MarketWhisper·06-23 03:12
5 former Ethereum Foundation researchers founded Ethlabs, backed by Joe Lubin