Earlier this month, Coinbase announced that it would be extending its hiring freeze. Shares of Coinbase have fallen almost 7% on the announcement. CEO and Cofounder Brian Armstrong has a message for all Coinbase workers as the company plans to slash nearly 1,100 positions or about 18 percent of its
During Monday’s turmoil, the USDD stablecoin dropped slightly to $0.977 per unit. Tron DAO Reserve had to deploy money to protect the $1 parity. In light of Terra UST’s demise and the present state of the crypto market, many have turned their attention to USDD, a Tron-based algorithmic stablecoin. USDD
According to AB de Villiers, a legendary South African batsman, the startup Myria, a blockchain gaming company, would help develop his mobile cricket game. A celebrity-backed cricket blockchain game that incorporates blockchain play-and-earn models and other features like non-fungible tokens (NFTs) is the first of its kind in the industry.
The liquidation rate has been $ 904.64 M in the last 24 hrs. 19.6 K BTC was liquidated which values around 430 M. The number of traders involved in liquidation has increased exponentially in this bear market situation. The long-term traders have also seemed to have lost hope in crypto.
Crypto scammers using Richard Branson’s name to trap naive crypto investors. Virgin Galactic Holdings accepts bitcoin as a payment method. Richard Branson is a billionaire and founder of the Virgin Group, which owns over 400 companies. Since he has shown support for bitcoin Richard fed up with crypto scammers who
An online CFD broker, SimpleFX offers leveraged trading with low fees and no deposit requirements. There are two platforms accessible to customers: the well-liked MT4 and the exclusive SFX WebTrader system. St. Vincent and Grenadines-based SimpleFX Ltd have been in business since 2014. The broker has attracted more than 200,000
Coinbase and Gemini also chose to reduce the number of employees. The platform claims to have tried multiple ways to decrease losses. As a result of exceptionally challenging market circumstances, BlockFi has chosen to lay off 20% of its workforce. Investors and institutions alike have had a difficult time in
MicroStrategy transferred 2089 BTC to anonymous wallets on Monday. MicroStrategy shares have been down 32.95% and Bitcoin by 11.18% in the last 24h. The extreme volatility in the crypto market accelerated the Bitcoin market-sell off. The dominant crypto has breached below the $21,000 level. Due to this, traders continue to
Billionaire Michael Saylor’s MicroStrategy acquired 4,827 bitcoins. MicroStrategy shares fell on June 13 as a result, which came as no surprise. The price of bitcoin has dropped to its lowest point since 2020. They are trading for roughly $22,513, down more than 7% in the previous 24 hours. According to
Plugin and Inclusive Growth Chain (IGC) are collaborating to track and improve real-time air pollution monitoring and make the development of innovative blockchain solutions easier with the help of data feeds from trusted off-chain sources. Pollution check is a blockchain-enabled use case for detecting and tracing air pollution in real-time.
