After six weeks of bullish, the overall cryptocurrency market is slightly down. At the time of writing, the global crypto market has a market cap of $1.05 trillion, which decreased by over 4.5% in the last 24 hours and 49% from the previous year. Crypto Market Current Status The upward
Web3 Accelerator is dedicated to helping startups in a growing field. By offering co-working space, business assistance, financing options, and community, the program aids entrepreneurs in creating, tokenizing, and releasing new products. Fujitsu, a Japanese multinational technology firm, has announced the release of a new platform to aid Web3 developers
Crypto exchange Coinbase CEO Brian Armstrong was alarmed about the rumors he received that the U.S. Securities and Exchange Commission (SEC) wants to “get rid of individual investors” from staking cryptocurrency. According to a February 9th tweet from Coinbase’s Chief Executive officer, the U.S SEC intends to ban retail investors
After 4-years of its successful events chain despite the bear market, the Blockchain Economy Summit’s 6th edition is scheduled for February 27-28, to be held in London, UK. This Major crypto event in the UK will host more than 3,000 attendees from 65 countries. As one of the main financial
A representative for Gemini, a cryptocurrency exchange, confirmed on Monday that the company will be laying off 10% of its workforce. Gemini, which was co-founded by the Winklevoss twins, is subject to New York banking regulations. And has had to make at least three rounds of layoffs in less than
Coinbase faces the limelight after a few dark times in the ecosystem, the exchange has partnered with Borussia Dortmund (BVB). The premium partnership for German Soccer Club which extends until June 2023 alleviates the community from recent downfalls. The American Crypto exchange strengthens its network with a triumphant soccer team
An organization called Kraken, not to be confused with the well-known cryptocurrency exchange of the same name, has hacked into Solaris, a major marketplace for narcotics and other illegal items. Solaris reportedly gained between 20% and 25% market share after authorities shut down Hydra, the prior leader in this sector,
It’s about time that Robinhood started competing in the digital wallet market. The Robinhood Wallet, a mobile app for cryptocurrency exchange, transfer, and the viewing of NFT and cryptocurrency holdings, was released by the company today. According to Robinhood, over a million people have been waiting for it and will
Thani Al-Zeyoudi, the UAE’s minister of state for international trade, highlighted that the country has gained a great deal of knowledge from the cryptocurrency industry and must now adopt the appropriate regulations to promote continued growth. According to Thani Al-Zeyoudi, cryptocurrency will soon play a significant role in the country’s
At 11:59 p.m. UTC on January 9, Flare, the blockchain for developing apps that utilize data from other chains and the internet, successfully launched its much anticipated token airdrop. One of the greatest scale distributions in cryptocurrency history, the airdrop saw 4.279 billion Flare (FLR) tokens issued to millions of
