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2 years, 1 month ago
Indian Crypto Exchanges Cut Staff Amid Prolonged Crypto Winter
CoinSwitch, a crypto exchange based in India, has recently cut its workforce due to the prolonged cryptocurrency winter. The exchange has laid off 44 employees from its customer support division in August, citing…
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2 years, 1 month agoRipple Strengthens Canadian Connections with University Collaborations
Ripple Labs has been actively expanding its presence in Canada, collaborating with the University of Toronto and the University of Waterloo. The University of Waterloo has been researching Central Bank Digital…
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2 years, 1 month agoGolden Inu Soars 16% as Investors Flock to Token-Burning Portal
The Shiba Inu (SHIB) token has experienced a 1% decline in value over the past 24 hours, disappointing holders who were expecting a surge in price after the launch of Shibarium. Over the past weeks, the team behind…
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2 years, 1 month agoCanaan Reports Growth in Computing Power and BTC Mining Revenues Despite Net Loss
Canaan, a Bitcoin mining company listed on the NASDAQ, reported its unaudited financial results for Q2 2023. The company saw growth in computing power sold and BTC mining revenues, but faced a significant net loss…
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2 years, 1 month agoBitcoin Struggles at $26K Support: Will Price Drop Below $25K Before Reaching $30K?
Bitcoin (BTC) has been struggling to stay afloat at $26,000 and continues to face selling pressure amid weakening technical indicators. As of press time, Bitcoin is trading at $25,972 with a market cap of $505…
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2 years, 1 month agoVC Spectra (SPCT) Offers High ROI with Real-World Utility
VC Spectra (SPCT) is a decentralized hedge fund that is revolutionizing the crypto investment world. It offers a platform that bridges advanced investment opportunities with those with minimal industry insights.…
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2 years, 1 month agoPolytrade Showcases Invoice Financing Possibilities with Mastercard's Blockchain Scheme
Mastercard has recently announced a new blockchain-based scheme, sparking optimism among the public. Polytrade, a company specializing in invoice financing, has showcased the possibilities of the new technology.…
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2 years, 1 month agoCanaan Inc. Reports 33.7% Increase in Mining Revenue for Q2 2023
Canaan Inc. (NASDAQ: CAN), one of the leading Bitcoin mining companies, has reported its unaudited financial results for Q2, 2023. The company saw its total revenue rise to $73.9 million, a 33.7% increase compared…
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2 years, 1 month agoDCG and Genesis Creditors Reach In-Principle Agreement
The US and EU have imposed sanctions on Russia after it invaded Ukraine last year, banning the acquisition, import, or transfer of coal and other solid fossil fuels. Digital Currency Group (DCG) is now moving…
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2 years, 1 month agoHong Kong's Hashkey Exchange Upgrades License to Offer Crypto Trading to Retail Investors
Hong Kong’s Hashkey Exchange has recently upgraded its license to offer services to retail investors, allowing them to trade Bitcoin (BTC) and Ethereum (ETH) directly with US dollar deposits. The exchange p…
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2 years, 1 month agoBinance Removes Banco de Venezuela from P2P Platform Amid Sanctions
Binance, the world’s largest crypto exchange, has removed Banco de Venezuela from its peer-to-peer (P2P) trading service. This follows similar moves with sanctioned Russian banks last week, and is likely part of e…
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2 years, 1 month agoEmotiCoin Launches Revolutionary Reverse Splits Protocol
EmotiCoin has officially launched its groundbreaking Reverse Splits Protocol (RSP), an event that has been highly anticipated by the crypto community. The team behind the project is comprised of industry veterans…
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2 years, 1 month agoIngsai Finance Inc Secures $80 Million Investment from Grong Capital, Poised for NASDAQ Listing
Ingsai Finance Inc, a USA-based financial services company renowned for its expertise in high-frequency and algorithmic trading, has achieved a monumental stride towards its journey of prosperity. Grong Capital, a…
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2 years, 1 month agoAkropolis (AKRO) Price Surges 441% in a Year, 30% in 24 Hours
The Akropolis Protocol is a decentralized finance (DeFi) protocol that focuses on under-collateralized loans and other financial services. The Akropolis Delphi Token (ADEL) was launched on the Ethereum mainnet in…
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2 years, 1 month agoSEC Enforcement Action on NFT Projects Triggers Debate on Regulatory Clarity
The United States Securities and Exchange Commission (SEC) recently charged entertainment company Impact Theory for allegedly conducting the sales of unregistered securities in the form of nonfungible tokens (NFTs)…
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2 years, 1 month agoJacobi FT Wilshire Bitcoin ETF: First Spot ETF to Apply EU's ESG Investing Rules
The European Union has recently seen the launch of the first-ever spot Bitcoin ETF, issued by London-based Jacobi Asset Management. This fund has been classified as an Article 8 fund, which are those that…
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2 years, 1 month agodYdX Unlocks $14.02 Million Worth of Tokens for Community Treasury and Rewards
Decentralized exchange (DEX) platform dYdX will unlock $14.02 million worth of DYDX (DYDX) tokens dedicated to the community treasury and rewards for traders and liquidity providers. On Aug. 29, dYdX will release…
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2 years, 1 month agoRipple Labs Celebrates Win Against SEC, Upcoming Trial Looms
Ripple Labs is celebrating a major victory against the Securities and Exchange Commission (SEC) in New York City on September 29, 2023. CEO Brad Garlinghouse expressed his excitement for the upcoming event and…
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2 years, 1 month agoDCG Reaches In-Principle Agreement with Creditors of Crypto Lending Subsidiary Genesis
Digital Currency Group (DCG) has reached an agreement with creditors of its crypto lending subsidiary, Genesis. According to a court filing, the estimated USD equivalent recoveries could account for 70% to 90% for…
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2 years, 1 month agoDogecoin Price Could Reach $0.20 if Elon Musk Transforms Twitter into PayPal 2.0
Elon Musk is reportedly planning to transform Twitter into an “updated version of PayPal,” offering low transaction costs. Speculation is that Dogecoin, Musk’s favored cryptocurrency, could become the native curre…
