blockchain updates

Social media giant Snap announced 20% layoffs this week, leading the Web3 team to become a casualty of that move. The company's second-quarter earnings missed expectations, with the growth rate at its slowest rate in five years.…

Web3 payment service provider Stably, who is based in Seattle, announced plans to start issuing its Stably USD (USDS) stablecoin on the XRP Ledger (XRPL), Coin Journal learned from a press release. XRP Ledger, a decade-old…

The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital…