According to reports, investment banking behemoth BlackRock Inc. is planning to slash 3% of its employees in a massive reorganization similar to the mid-year layoffs that occurred in 2023. Charles Gasparino, a senior correspondent for Fox Business Network, claims that in three days the financial behemoth will announce the layoffs,
January 7, 2024 1 min read
Banco de Espana, the central bank of Spain, has selected its partners for the central bank digital currency (CBDC) trials, which were announced a year ago. A resolution announcing the collaboration with Cecabank, Abanca, and Adhara Blockchain was released on January 3rd by the central bank. The following six months
January 5, 2024 1 min read
After promising NFT purchasers a year ago, YouTuber and social media personality Logan Paul is now going to pay out some of the disappointed investors in his formerly lofty CryptoZoo NFT game. Moreover, for everyone who planned to play CryptoZoo, Logan has announced a “buy back” scheme that would repurchase
January 5, 2024 1 min read
A modification to the Credit Finance Act has been suggested by the Financial Services Commission (FSC) of South Korea, which would significantly limit the use of credit cards for crypto transactions. This is an effort to prevent the possible misappropriation of money and speculative activity. The main goal of the
January 4, 2024 2 mins read
After receiving accolades from Vitalik Buterin, co-founder of Ethereum, the governance token of the Ethereum Name Service (ENS) soared over 70% on January 3rd. Buterin emphasized that the Ethereum Name Service is “super important” in a post he made on Twitter on January 3. He also emphasized that the platform
January 4, 2024 2 mins read
A worrying turn of events in India’s cryptocurrency scene has unfolded as crypto investment behemoth CoinDCX denies rumors that the exchange is the subject of investigation by the Delhi Police. Police in Delhi are reportedly looking into allegations of mobile app-based bank fraud. A number of complainants have noticed abnormalities,
January 3, 2024 2 mins read
Michael Saylor, executive chairman of MicroStrategy, has started selling $216 million worth of shares in his business over the course of four months. He had previously said that some of the proceeds will go into purchasing additional Bitcoin. Saylor revealed in a statement with the U.S SEC on January 2
January 3, 2024 1 min read
In an effort to democratize the process of investing in cryptocurrency projects, Crypto Launchpad & Accelerator Raiser has announced the launch of a new fundraising model known as a Fair Community Offering (FCO). By meritocratically rewarding committed, involved community members and early supporters during a project’s pre-exchange listing stage, the novel
January 2, 2024 3 mins read
The announcement by Binance CEO Richard Teng on Thursday—that the exchange’s user base increased by 30% in 2023—sends a strong signal as the biggest cryptocurrency trading platform in the world attempts to move on from the November settlement with U.S authorities and the resignation of founder Changpeng Zhao (CZ). As
December 29, 2023 1 min read
For failing to comply with registration regulations, Indian authorities have issued a warning to nine cryptocurrency exchanges: Binance, Kucoin, Huobi, Kraken, Gate, Bittrex, Bitstamp, MEXC, and Bitfinex. A statement from the Financial Intelligence Unit India (FIU IND) states that nine overseas VDA SPs were sent compliance Show Cause Notices. To
December 29, 2023 2 mins read
