Crypto.com removed a total of 15 altcoins from its crypto earn rewards program. In addition, the exchange added 3 more cryptocurrencies. On Monday, Crypto.com, the world’s leading Singapore-based cryptocurrency exchange platform made significant changes to its Crypto Earn rewards program by removing Shiba Inu (SHIB), Dogecoin (DOGE), and 13 other
Banxa will allegedly reduce its workforce from 230 to 160 personnel. European Managing Director Jan Lorenc plans to depart the business in European market. According to Banxa, a crypto payments service provider, 30 percent of its workforce will be let off as a cost-cutting measure during the current bear market.
Global Emerging Markets (GEM) has announced a $200 million financial injection to drive adoption, grow the company, and strengthen innovation for the CeDeFi exchange, Unizen. The money is tied to certain milestones and results to make the initial investment as efficient as possible. On the 27th of June 2022, Unizen
Gary Gensler, the 33rd Chair of the US Exchanges and Securities Commission(SEC), has made proposals to collaborate with other government agencies like Commodity Futures Trading Commission(CFTC). This step is supposed to be taken for overseeing the regulation of digital assets. Gensler in an interview expressed his opinion that all the
Since intra-period Bitcoin returns peaked at 131% last year. 70 crypto hedge funds used a market-neutral investing strategy. According to PwC’s 2022 Global Crypto Hedge Fund Report, hedge funds are investing in cryptocurrencies at an all-time high despite the volatility. According to the report, the market currently has around 300
The bear market is called the bear market because bears hibernate during winter, which is generally regarded as a period of slow growth. However, according to some, the reason why it’s called a bear market is because of the old saying “you don’t sell a bear’s skin before you’ve caught
More than $500 million to $1.5 billion was traded in the last 24 hours. FLEX Coin, will be suspended in addition to the suspension of withdrawals. CoinFLEX, a cryptocurrency exchange, has halted withdrawals, joining a growing number of companies that have done the same. CoinFLEX said today that it has
The average daily fee collected from daily exchanges between June 15 and June 21 was $4.1 million. Uniswap beat Ethereum in terms of daily fees paid above the moving seven-day average. Uniswap Beats Ethereum According to statistics on crypto-fees, the average daily fee collected from daily exchanges between June 15
SOUTH BEND, Indiana, 23rd June, 2022, Chainwire SIMBA Chain, the leading provider of blockchain enterprise solutions, has announced the launch of its new non-fungible token (NFT) marketplace SIMBA Market. The platform, which will feature collections from a variety of well-known names in sports and entertainment from the outset, will
The National University of Singapore also accepted cryptocurrencies as a curriculum. MIT offers a course on the impact and ethics of blockchain and cryptocurrency. U.S best National University offers two new courses to students on cryptocurrencies and cutting-edge financial technologies. Last year, the market for crypto assets grew significantly and
