The tech sector’s most recent tussle is the massive layoffs in every other company. An increase in the inflation rate has pushed the firms to the corner of reducing the workforce count. The Kobeissi Letter, the leading commentator on the global capital market produced a summarization of the layoff percentages
One of the top brokerages in the world has launched a revolutionary new product for trading cryptocurrencies. For retail customers, Fidelity Investments is introducing commission-free cryptocurrency trading. This trading firm has over $9.9 trillion in assets under management and has now revealed a waitlist for its new crypto service. The
FTX exchange plans to create stablecoin. FTX Token traded at $24.55 with a price surge of over 8% in the previous week. FTX one of the prominent cryptocurrency exchange CEO Sam Bankman-Fried stated, in a recent interview that the company is presently working to create a stablecoin. Stablecoin is known
Users of the BitPay app will be able to buy, store, trade, and spend MATIC. Today, most cryptocurrencies traded in green after a long time. After much anticipation, the native token of Polygon, MATIC, will be made accessible on BitPay, one of the leading cryptocurrency payment systems, as per an
A 2% discount is available for the first 30 days as part of the new integration. Robinhood released their web3 beta wallet onto the MATIC network. Polygon, which debuted in 2017, has quickly become one of the sector’s most intriguing and profitable endeavors. Prior to April 2021, it was known
According to the WSJ, Fidelity is thinking about allowing its customers to trade cryptocurrencies like Bitcoin. Though the cryptocurrency market has had a hard year, this announcement comes as interest from Wall Street persists. Fidelity, a financial services firm, stated earlier this year that it will start accepting bitcoin as
According to CertiK, there were three potential protocols affected. CertiK’s on-chain security software, Skynet, detected assault at 7:26 pm UTC on Tuesday. On Tuesday night, a flash loan attack was carried out using the Avalanche network. A specific smart contract and many liquidity providers were the targets of the assault.
This wave of layoffs follows a round of reductions at 2TM in June. The business laid off 90 people, or 12% of its total workforce of 750 previously. In light of the ongoing crypto winter, 2TM, the parent business of the Latin American exchange Mercado Bitcoin, has announced the second
The ADA price has soared by more than 12 percent in the last 7 days. Robinhood listed Cardano (ADA) recently boosting further interest. Since Cardano’s founder, Charles Hoskinson, and the IOHK team announced September 22 as the date for the Vasil hard fork, the ADA price has soared by more
This is part of a larger attempt to make Cardano a serious rival to Ethereum. The update will enhance the platform’s developer experience for Web3 developers. Cardano’s Vasil hard fork, developed by Input Output and the Cardano Foundation, will take place on September 22, barely one week after the expected
