The total sum being discussed has not been made public yet. The company sold its stake in 3AC and reduced 20% of its personnel this month. Wall Street Journal reports that well-known cryptocurrency exchange FTX is planning to buy a stake in lending company BlockFi. It seems that talks between
June 25, 2022 2 mins read
The firm is it is cutting its workforce from 1,000 to 730. The rapid pace of recruiting was a miscalculation and unsustainable as per the firm. Crypto industry firms are finding themselves in a terrible situation when crypto winter sets in: laying off employees. Bitpanda, situated in Vienna, Austria, said
June 25, 2022 2 mins read
There will be Shiba Inu and Bitcoin Automated Checkouts shortly at one of the largest Hispanic grocery chains in the United States, “Cardenas Markets.” The supermarket has 59 locations in significant states, including California, Nevada, and Arizona, and is the largest in the country. An American supplier of Digital Currency
June 24, 2022 2 mins read
Susumi, the revolutionary decentralized crowdfunding platform, is currently hosting its IDO, which started on June 15, 2021. Though launched recently, the project has already created a storm in the market with people registering and investing in large numbers. So, don’t miss the best opportunity there is right now and invest
June 24, 2022 5 mins read
More than $500 million to $1.5 billion was traded in the last 24 hours. FLEX Coin, will be suspended in addition to the suspension of withdrawals. CoinFLEX, a cryptocurrency exchange, has halted withdrawals, joining a growing number of companies that have done the same. CoinFLEX said today that it has
June 24, 2022 2 mins read
Both Bybit and KuCoin, were found to violate securities laws. Charges of USD 2,000,000 and $96.5K have also been filed against KuCoin. KuCoin has been permanently barred from trading on the Ontario Stock Exchange (OSE) for violating securities laws. OSC announced the news in a press release issued not long
June 23, 2022 2 mins read
Despite a bear market, the demand for blockchain and crypto skills by companies continues to grow.On July 8, position yourself in the sector with the Mainstream edition of the Paris Blockchain Summit (PBS)! As in previous editions, the PBS brings together the international ecosystem in a single location to discuss
June 22, 2022 3 mins read
Last week, Bitcoin miners sold approximately 9000 BTC to pay their operating expenses. A crucial bullish trend line with support around $21,175 was broken. The Bitcoin (BTC) price surged beyond the $20,000 mark after a severe fall over the weekend. At $21,500, Bitcoin encountered resistance and has since retraced its
June 22, 2022 2 mins read
Uniswap announced that it would be airdropping USDC to Genie customers. DappRadar reports USD volume of NFT purchases has plummeted by almost 66%. On June 21st, Uniswap announced that it had purchased the NFT marketplace aggregator Genie. The decentralized exchange said that this step aligns with its goal of allowing
June 22, 2022 1 min read
Lagos, Nigeria – SwiftMotion Media, a fully capitalized micro-VC, an investment arm of the UAE-based management consultancy Agile Dynamics,presents Web3 Delight Lagos. This in-person and online event takes place on July 29th, 2022, featuring speakers from Ecuador and Mexico, the US and Russia to Serbia, and the United Arab Emirates
June 22, 2022 2 mins read