Twitter Shares Fall After Elon Musk Ditches Potential Board Role

(Bloomberg) — Shares in Twitter Inc. fell after Elon Musk decided not to join the board, after speculation the world’s richest person could mount a takeover of the social media platform. Most Re...

AMC Invests $27.9 Million In Hycroft: Ditches Crypto Over Gold Mine 

AMC has announced the acquisition of 22% in Hycroft Mining Holdings for a $27.9 million investment. AMC witnessed a surge in stocks in June 2021, climbing to an all-time high of $59.26, and since then...

Michael Kors-parent Capri Holdings ditches CEO succession plan; shares fall

Joshua Schulman is seen at Michael Kors intimate Cocktail Party in Celebration of his 40th Anniversary on September 23, 2021 in Milan, Italy. Victor Boyko | Getty Images Capri Holdings has ditched its...

Ukraine Ditches Airdrop Initiative One Day After Announcing it

Ukraine’s Vice Prime Minister has canceled the airdrop announced yesterday with officials instead opting for an NFT solution to support the country’s armed forces. The Vice Prime Minister, Mykhailo Fe...

Sacramento Kings Star De’Aaron Fox Ditches Ditches NFT Project—After Pocketing $1.5 Million

In a series of restricted tweets today, NBA player De’Aaron Fox announced that his NFT collection, “Swipa The Fox” would be disbanded effective immediately—taking with it 475 user ETH, worth about $1....

Binance ditches the “Binance” in Binance Smart Chain

Binance, the world’s largest centralized crypto exchange by trading volume, is removing its name from Binance Smart Chain (BSC), in what appears to be an effort to strike a distance between Binance th...

Coachella lifetime pass, WildEarth’s wildlife, Worms ditches NFTs after backlash

The Coachella Valley Music & Arts Festival has partnered with FTX US to launch a series of NFT collectibles that includes tokenized lifetime access passes to its annual music festivals. The iconic...

Facebook Ditches Diem Stablecoin Plans in $200M Sale

Key Takeaways Anonymous sources have revealed that Facebook is selling the technology behind its Diem stablecoin. Silvergate Capital Corp has reportedly agreed to buy Diem for $200 million. The sale m...

Eth2 is no more after Ethereum Foundation ditches name in rebrand

The Ethereum Foundation has removed all references to Eth1 and Eth2 in favor of calling the original blockchain the “execution layer” and the upgraded Proof of Stake chain the “consensus layer.” Ether...