The popular cryptocurrency wallet platform MetaMask has released a staking beta in conjunction with Lido and Rocket Pool. The newly created protocol for users who want to stake Ethereum directly from MetaMask will enter public beta testing soon. According to the release, the Web3 community has shown an increased interest
January 14, 2023 2 mins read
Wyre, a cryptocurrency payment platform, has secured additional funding, allowing it to remove the 90% withdrawal cap it imposed earlier this week. The San Francisco fintech company stated on January 13 that it had acquired funding from a “strategic partner,” allowing it to resume business as usual, including taking deposits
January 13, 2023 1 min read
Poor market circumstances and recent industry developments, according to Crypto.com co-founder and CEO Kris Marszalek, have prompted a fresh round of layoffs that will lower the company’s worldwide workforce by another 20%. In a corporate update on January 13, Marszalek remarked: “Today we made the difficult decision to reduce our
January 13, 2023 1 min read
Binance CEO Changpeng Zhao shared his plans for the exchange in 2023 at a conference in St. Moritz, Switzerland. CZ said that he plans to increase the exchange’s employment by 15-30% this year. Additionally, he discussed the exchange’s expansion despite the year 2022’s severe bear market. According to his calculations,
January 12, 2023 1 min read
On Wednesday, Robinhood said it will stop accepting Bitcoin SV (BSV) and delist the cryptocurrency later this month. According to the latest Robinhood announcement, as of January 25th, the exchange will no longer support Bitcoin SV trades, purchases, or transfers. After that time, any unsold BSV in customer accounts will
January 12, 2023 2 mins read
There has been a directive from Nepal’s telecoms authority for all ISPs in the nation. To ban access to any and all cryptocurrency trading websites, with legal repercussions for those who don’t comply. The Nepal Telecommunication Authority (NTA) issued a notification on January 8. Instructing Internet service providers (ISPs) and
January 10, 2023 1 min read
Presently, ChatGPT is one of the most talked-about things on the web. The AI programme is being used to provide feedback, draft reports, and create new software. Currently, Semafor claims that Microsoft is in talks to acquire OpenAI, ChatGPT’s parent business. The tech behemoth is prepared to spend more than
January 10, 2023 1 min read
TeraExchange, a centralized cryptocurrency exchange, recently stated on Twitter that it has added support for Shiba Inu. Moreover, the post highlighted the platform’s enthusiasm for making one of the most popular meme currencies accessible for trade on the centralized platform. In the release, it was stated that effective on January
January 8, 2023 1 min read
Following the backing of Elon Musk’s purchase of Twitter, investment company Fidelity has written down the value of its original share in the social media site. Fidelity Blue Chip Growth Fund has reduced the carrying value of its Twitter investment by more than 50 percent, as reported in a November
January 8, 2023 1 min read
After hearing that the crypto exchange Huobi was laying off workers, Tron founder Justin Sun shifted $100 million worth of his stablecoins to the exchange. Nansen’s analysis of the blockchain shows that the funds were transferred from Binance to Huobi, a cryptocurrency exchange in which Sun has a controlling share.
January 7, 2023 1 min read