Web3 esports tournament platform Community Gaming stated on Friday that it had laid off 17 staff. The Esports Advocate was the first to break the story. The sum equaled little more than 17 percent of the company’s total workforce. Community Gaming CEO Chris Gonsalves said that the decision was made
A court document suggests that defunct cryptocurrency lender Celsius Network sought to sue crypto blogger and Celsius creditor Tiffany Fong for disclosing confidential business information. According to a snapshot posted by Fong, she has around $119,000 worth of crypto assets locked on Celsius after the company halted withdrawals in the
Skybridge CEO Anthony Scaramucci said he is still enthusiastic about Bitcoin despite the criticism he has received for his involvement in the crypto markets. There are significant headwinds that he has to overcome. By the time Sam Bankman-Fried’s cryptocurrency exchange FTX declared bankruptcy in November, he was already connected with
On Friday, renowned cryptocurrency researcher Crypto Rand tweeted that the SHIB, meme coin wants to burst out. The analyst released a screenshot of a chart that indicates the popular meme currency has completed the Falling Wedge pattern many times since August of last year. Eyes on $SHIB 🐶 it's looking
According to the New York Department of Justice, U.S. District Judge Paul G. Gardephe sentenced James Zhong to a year in prison after learning about the government’s plans to sell 41,000 seized bitcoin (BTC) this calendar year and the sale of 9,861.1707894 BTC on March 14, 2023. By setting up
As part of its strategy to shift its emphasis from retail to institutional clients, Bloomberg reports that Singapore’s Amber Group is contemplating selling its Japanese operation. Annabelle Huang, the managing partner at Amber, said the company is exploring alternatives, including a sale, for its Japan division. A “very high quality
A hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation” will be held by the US House Committee on Financial Services next week. The usefulness of stablecoins as a payment alternative may be the focus of the hearing. Users’ and the economy’s overall vulnerability is another issue
As a result of a number of developments on the Cardano network, the price of Cardano (ADA) is making a big upward surge and breaking over important levels. The ADA price increased by 6% in a single day after the alpha release of Aiken, Cardano’s programming language and tools for
The government of India has always taken a relaxed approach to draft legislation for the nascent cryptocurrency sector. But this time, India’s Finance Minister Nirmala Sitharaman has emphasized the need for immediate awareness of the problems associated with crypto assets. Indian lawmakers, it has been said, pushed for quick action
Lookonchain, a cryptocurrency firm that analyzes and tracks data, recently announced on Twitter that a substantial amount of Arbitrum (ARB) had been transferred to Binance. The transaction was carried out by the largest buyer of ARB tokens on the Arbitrum listing, who transferred 9.94 million ARB tokens. It is valued
