Gucci is gradually shifting its focus to the Web3 space with the announcement of a multi-year collaboration with Yuga Labs, a Web3 firm heading several famous NFT collections like Bored Ape Yacht Club.
Fujitsu has made an emphatic move to deepen its foothold in the crypto ecosystem. Recent patent filed by the company with the United States Patent and Trademark Office shows it has plans to start offering crypto custody services.
Elon Musk has reportedly halved the valuation of social media giant Twitter in a new employee internal memo. According to the outspoken Tesla CEO, Twitter’s staff will receive stock grants based on a $20 billion valuation.
Crypto exchange Coinbase has been working on some key projects and one of them includes inflation-pegged flatcoins to be built over its recently launched Layer-2 network Base.
