Welcome to another edition of The Daily LEO! We pull the best articles about Finance, Crypto and anything money-related and we deliver them to you in a condensed information packed space.
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Dow Falls 300 points as layoffs worsen
The Dow Jones Industrial Average fell about 340 points, or 1%, to 32,930, while the S&P 500 and tech-heavy Nasdaq shed 1.2% and 1.5%, respectively. Tech stocks got hit particularly hard. Amazon recently announced worse-than-expected layoffs totaling more than...
Creator OpenAI Discussing Billionaire Valuation
ChatGPT was launched on November 30 and quickly took the internet by storm, registering a million sign-ups only a week after its release. OpenAI, the company behind the viral program, is now in discussions to sell shares valuing the firm at...
Crypto Experts Believe These Altcoins Will Surge in Value
Despite the chaos brought to the world of cryptocurrencies by events such as the FTX and Luna collapses, crypto adoption still accelerates, boosted by DeFi and play2earn. In front of that scenario, crypto experts believe 2023 will be a good year for many altcoins. Some of the assets in that list are...
Chinese Researchers Claim They Cracked Encryption with Quantum Computers
Chinese researchers recently claimed that they have been able to crack encryption using quantum computing. The news was received with surprise and skepticism, mainly because it was a consensus in the scientific communion that this was years away from happening. Among the skeptical is Global Quantum Intelligence CEO & Co-Founder Andre Konig, who claims....
Fantom passes new proposal in hopes of recovering
Fantom was launched as a promising performance-focused blockchain but went downward in the first half of 2022. Now, the project moves to the next phase of growth after the community massively accepted its new proposal. The plan going forward is...
PsyberX, a play2earn FPS, is one of the latest games released on the Hive blockchain. The team behind the project has been busy and keeps adding more features to the game. The latest inclusion is a new game mode, the 3rd one now. This new game mode is...
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