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Coinspeaker Crypto Giant DCG Shuts Down HQ Subsidiary amid Global Economic Crisis DCG once appeared to be untouchable but may fast be losing its stability. Crypto Giant DCG Shuts Down HQ Subsidiary amid Global Economic Crisis origin »
Huobi’s native token plunges, as the reports across crypto media and crypto Twitter hint at layoffs and potential insolvency. HT price down 30% in one month Data from the crypto ranking website CoinMarketCap shows the price of Huobi’s HT token… origin »
The head of the Bank of France stated that the uncertainties in the cryptocurrency markets show the urgency of implementing an obligatory licensing requirement for all crypto businesses. origin »
Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition. origin »
Poor market sentiment and an extreme lack of volatility were the likely culprits behind the declines. origin »
The job cuts come a day after the company said it would be “reducing costs and driving efficiencies” amid a challenging environment for crypto companies. origin »
Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new pricing models and operational efficiencies. origin »
Despite the broad market decline, Cardano, the tenth most valuable cryptocurrency in the world, has once again shown price activity, rising more than 8% in the last two days. origin »
The new integration streamlines the NFT process for buyers and sellers. origin »
Alex Mashinsky’s actions leading up to Celsius declaring bankruptcy allegedly contributed to investor losses by misrepresenting the platform’s financial condition. origin »
Coinspeaker Silvergate Resorted to Staff Layoff, Asset Liquidation to Survive FTX-Triggered Crypto Meltdown Crypto bank Silvergate had to undertake a 200-employee layoff and take other drastic measures to facilitate a withdrawal bank run. origin »
A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins. origin »
Coinspeaker CME Group and CF Benchmarks Teams Up to Launch New Metaverse Reference Rates The move to provide the three new metaverse reference rates comes off as a unique contribution by the CME Group and CF Benchmarks to help with the evolution of the Web 3. origin »
Coinspeaker NY Attorney General Sues Former Celsius Network CEO for Defrauding Clients New York’s state attorney general Letitia James revealed on Twitter that she is suing the former Celsius Network head for defrauding investors out of billions of dollars. origin »
The Uniswap community has just announced a proposal to deploy the highly anticipated Uniswap V3 on StarkNet, which could improve the status of the decentralized exchange platform. Uniswap has gained a reputation as one of the leading players in the… origin »
Buy Bitcoin with Apple Pay using iPhone and iOS devices on various leading cryptocurrency exchanges including Binance, Coinbase, BitPay and more. origin »
Federal charges are coming down on a twenty-four year old NFT project developer who rug pulled his NFT collection, running off with nearly $3M in funds. It’s the latest federal pursuit of crypto rugpullers, an endeavor that is relatively new for federal bodies when it comes to NFTs. origin »
Non-fungible tokens (NFTs)-related cryptocurrencies surged Thursday on the report that the asset class did not perform poorly in 2022, despite the bear run. According to data from DappRadar, NFT sales volumes in 2022 ducked to $25. origin »
The Cardano (ADA) price has increased by 12% this year, fueled by positive Cardano news. Nevertheless, the Cardano long-term price prediction is still undetermined. The post Cardano (ADA) Price Soars by 12% In Light of Increasing DeFi Activity appeared first on BeInCrypto. origin »
The race is on to create some normal-sized glasses to power our virtual and augmented realities, and according to startup, Ixana they have found the answer. The post Our Bodies to Power VR Headsets in Web3 Future appeared first on NFT News Today. origin »
The current turmoil in the crypto markets shows the need for such requirements as soon as possible, the banking chief said. origin »
A myriad of events in 2022 overshadowed the crypto industry. This left many investors, regulators and governments wondering whether they had seen the worst of the industry pitfalls and what is expected come 2023. origin »
The largest crypto exchange’s Binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market share. origin »
Bitcoin (BTC) is back to its range after a failed attempt to reclaim previously lost territory, with a likelihood of seeing further losses. The crypto market has seen a weak price action in 2023, but BTC has been notably more fragile than other digital assets. origin »
Tune in to the third episode of Hashing It Out as Cointelegraph’s Elisha Owusu Akyaw discusses the future of noncustodial cryptocurrency wallets with Kosala Hemachandra, CEO of MyEtherWallet. origin »
Silvergate Capital has been forced to take drastic action as a consequence of its association with FTX and its collapse. The post Silvergate Cuts 40% Jobs, Writes Off Diem Asset Acquisition appeared first on BeInCrypto. origin »
Ethereum has seen an upwards push of 4% in the last couple of days as whales have displayed elevated levels of activity. Ethereum Whale Transactions At Highest Level Since December 16th As per data from on-chain analytics firm Santiment, whales have made 611 transactions in the past day. origin »
Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees.
origin »ApeCoin (APE) has been on the road to recovery since the last two months. According to CoinGecko, the token gained over 13% in the past month, ending the year on the spot with other gainers. But the token has depreciated by almost 5% in the past 24 hours, and trading at $3. origin »
Ethereum climbed higher and tested the $1,275 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh move above the $1,300 resistance. Ethereum struggled to climb higher above the $1,275 and $1,280 resistance levels. origin »
Bitcoin price started a downside correction from the $17,000 resistance. BTC found support near $16,750 and might soon attempt an upside break above $17,000. Bitcoin is showing bullish signs above the $16,600 and $16,750 levels. origin »
The founders of the embattled hedge fund have been subpoenaed over social media platform Twitter origin »
Discover 9 blockchain infrastructure companies leading the charge in enabling the adoption and use of blockchain technology. The post 9 Blockchain Infrastructure Players to Watch in 2023 appeared first on BeInCrypto. origin »
FTX’s former compliance chief, Daniel Friedberg, started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed. origin »
Recognizing the importance of digital currency in its recent National Security Strategy, the White House should consider embracing a bitcoin standard. origin »
Coinspeaker Microsoft Official Has High Hopes for Metaverse Microsoft association with Metaverse firm Touchcast has resulted in data manufacture of the Fiat model, which according to Bzeih, is a "natural progression". origin »
Coinspeaker Shopify Adds Support for Avalanche NFTs Using Venly, sellers on Shopify can sell NFTs, offer NFT-gated experiences or use NFTs for authentication by tying them to physical products. Shopify Adds Support for Avalanche NFTs origin »
Coinspeaker TON Foundation Launches TON Storage, Decentralized File-sharing Solution The TON Storage will use financial incentives from Toncoin with the help of smart contracts on the blockchain. origin »
Bitcoin analysts are following up on BTC price trends as the 2022 bear market drags into the beginning of 2023. The crypto market is slightly recovering from the FTX fiasco that caused most of the crypto assets to plunge. origin »
Ethereum layer-2 scaling platform StarkNet has revamped its Cairo programming language to enable easier onboarding of new developers. origin »
The United States District court for the District of Puerto Rico has denied alleged Mango Markets exploiter Avraham Eisenberg bail. The post Alleged Mango Markets Exploiter Fares Less Well at the Hands of Justice Than SBF appeared first on BeInCrypto. origin »
Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of investment bank Cowen, citing the ongoing fallout from the collapse of FTX. origin »
YouTube boxer Logan Paul, who was spearheading the CryptoZoo NFT project, has accused Coffeezilla of publishing “defamation” about him and the project. origin »
Juno recommended users pull their funds from the platform amid “uncertainty” over the fate of its crypto custody provider Wyre.
origin »The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition. origin »
Cryptocurrency lender Vauld has rejected Nexo's revised acquisition proposal and is seeking to terminate the negotiation between the two firms. origin »
As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff. origin »
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