NEXO dips 40% in 3 days. Nexo denies any partnership with Three Arrows Capital (3A). NEXO ought to bounce back once the market crisis is over. It’s so far been more than five days since the market crash started once again, and yet still persists. Moreover, it seems this condition
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
Members of the crypto community experienced a “Manic Monday” in the early hours of June 13, 2022, as the price of cryptocurrencies continued to fall. On top of all that, crypto lending giant Celsius said that all withdrawals, swaps, and transfers between accounts would be suspended indefinitely. Insolvency rumors have
The international summit MetaVentures Bangkok will be held on December 1-3, 2022. The exclusivity of the event opens the door to business and investment opportunities targeting a broad international audience. Investments, Blockchain, Metaverse and NFT, Biotech, DeFi, DAO, Digital Art, mining, payment systems and digital asset regulation are just some
The cryptocurrency industry contributed to technological development, but at the same time, it gave life to unsustainable and unreliable projects. Unfortunately, users often face scams and frauds in the crypto niche. To change the situation, ReiGroup combined DeFi, NFTs, Real Estate, and VaaS protocol, providing transparent and safe products. ReiGroup
The stock market has always influenced cryptocurrency and DeFi tokens. A direct consequence of Amazon’s move will be felt by holders of DeFi tokens that reflect AMZN stock on the crypto market. Amazon’s Stock Break Up On June 6th, the 20:1 stock split went into effect, dividing each existing AMZN
One of Singapore’s fastest-growing Decentralized Finance (DeFi) platforms has secured a crypto license from the Lithuanian Registrar of Legal Entities. It allows the platform to provide and operate crypto custodial wallets in Lithuania and exchange cryptocurrency. When the EU Markets in Crypto-assets Regulations (MiCA) comes into force, Cake’s cryptocurrency registration
LBank Exchange, a global digital asset trading platform, will list Source Token (SRCX) on June 10, 2022. For all users of LBank Exchange, the SRCX/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on June 10, 2022. As a global DeFinTech firm, Source Protocol’s ecosystem has been
During May, TRON achieved an all-time high number of significant milestones, setting a new record for the firm. Only 16 days after its May 5 introduction, USDD, TRON’s collateralized decentralized stablecoin, has made it into the top 100 CoinMarketCap rankings. There was a new milestone on June 1, with $667
JPMorgan Chase and Singapore’s DBS Bank are among the large banks collaborating on the project. Onyx has processed over $300B in digital tokens since its launch in December 2021. The roller coaster competition among important countries for the treasured title of “world’s crypto hub” has heated up. Singapore and its
