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Search Results for: crypto market

Coinbase Lays-off 8% of Staff in India Following Recent Market Turmoil

The company had intended to recruit over 1,000 people in India in 2022. Armstrong had blamed “informal pressure” from the central bank for suspending its UPI. Coinbase, based in the United States, has reduced its Indian employment by 8% after initially announcing plans to triple its Indian personnel. According to

June 16, 2022 2 mins read

Crypto Finance to support Tron Blockchain and its native Token

Zurich, Switzerland, 15th June, 2022, Chainwire TRON, one of the largest and most popular public blockchains, has announced that TRX will be supported by Crypto Finance. More TRON-based tokens are expected to be added in the near future. As part of Deutsche Börse and licensed by the Swiss Financial Market

June 15, 2022 3 mins read

NFT Marketplace OpenSea Reveals Migration to Seaport Protocol

According to OpenSea, consumers using Seaport would save 35% on gas fees. The seaport is neither owned nor operated by OpenSea but instead built on top of it. Tuesday saw the announcement of OpenSea’s migration to Seaport, the most popular non-fungible token (NFT) marketplace by trading volume. A few of

June 15, 2022 1 min read

RBI Proposes Separate Regulatory Body For Crypto Sector in India

Last year, the government wanted to award the role of crypto regulation to SEBI. Stars might face heavy fines for promoting a false or deceptive claim in a commercial. The Securities and Exchange Board of India (SEBI), India’s market regulator, collaborates with the Reserve Bank of India (RBI) on crypto-related

June 15, 2022 2 mins read

Coinbase Announces Massive Layoff of 1,100 Staff Following Market Conditions

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

June 14, 2022 2 mins read

Crypto Leaks launches platform that reveals scams and corruption in the crypto space

New York, United States, 14th June, 2022, Chainwire   Crypto scams and corruption have persisted for years, affecting many in their wake. Crypto Leaks launched to defend honest crypto communities by exposing big money corruption, attacks and scams. The project’s first two cases uncover the events behind the mysterious price

June 14, 2022 1 min read

Crypto Lending Platform ‘BlockFi’ Announces Laying Off 20% Staff

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

June 14, 2022 2 mins read

Crypto Investors Focus on Federal Reserve’s Upcoming Meeting Outcome

Fed will have to continue its strong posture until the next meeting. Following the data release in May, Treasury rates spiked, and stock futures plummeted. On June 15, the U.S Federal Reserve will meet to decide interest rates, and investors fear a more hawkish tone from the central bank, which

June 14, 2022 2 mins read
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