Justin Sun Confirms Huobi Staff Layoffs As Insolvency Rumors Swell.

TRON founder Justin Sun, rumored to be the shadow owner of Huobi Global, has confirmed that the crypto exchange was laying off a significant amount of its workforce. This comes amid several rumors circulating in the crypto community, all of which end with the conclusion that Huobi is reportedly insolvent. Sun Confirms Layoff Rumors Over […] origin »

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FTM price forecast after latest governance proposal passes.

Fantom (FTM/USD) successfully passed its latest governance proposal, which aims to bring gas monetization to successful decentralized applications (dApps). Fantom is a scalable blockchain platform built to power dApps and Decentralized Finance (DeFi), where FTM is the native cryptocurrency used to power its ecosystem. origin »

73% less Bitcoin millionaires than a year ago, as crypto losses top $2 trillion in torrid 2022.

Key Takeaways Cryptocurrency industry was valued close to $3 trillion entering 2022, now it is $800 billion  There are 73% less Bitcoin millionaires after 2022 Bitcoin has pulled back 75% from its all-time high fo close to $69,000 25% of the bitcoin supply was in a loss entering the year, now it is over 50% […] The post 73% less Bitcoin millionaires than a year ago, as crypto losses top $2 trillion in torrid 2022 appeared first on CoinJournal. origin »

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