Facebook Chief Technology Officer Mike Schroepfer just announced that he will stepping down from the role next year and transition to a part-time position as a “Senior Fellow” at the company. It’s one of the biggest leadership departures for Facebook in recent memory. He will be replaced in the role by long-time executive Andrew Bosworth […]
Offchain Labs raises $120 million to hide Ethereum’s shortcomings with its Arbitrum product
As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping into the blaring scaling issues faced by decentralized apps on the Ethereum blockchain. The popular network has seen its popularity explode in the past year but its transaction volume has stayed […]