Mike Novogratz Believes Ethereum (ETH) Will Hold $1K
It’s been a rough start to the week for crypto investors. The total market cap slumped below $1 trillion for the first time in 18 months. Bitcoin spearheaded the crash,…
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Coinbase CEO Announces 18% Layoff Amid Impending Recession
Brian Armstrong – CEO of Coinbase – today announced his decision to reduce the size of the company’s team by 18%. Every Coinbase employee has now been issued a letter…
Inside Job? Wallet That Caused the UST Attack Suspected to Belong to Terraform Labs (Report)
Terraform Labs grabbed the attention of the entire crypto community last month when its two native digital assets deteriorated in days, leaving only a failed restarted project. However, a recent…
TRON’s USDD Stablecoin Losing Peg as TRX Price Slumps
The unfortunate tales of algorithmic stablecoins losing their pegs continue. This time, it’s TRON’s USDD that’s in the spotlight, trading at 2% below dollar parity. Following the UST-Terra fiasco, another…
El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister
The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent…
BlockFi Lays Off 20% of its Staff Amid Market Pullback
Centralized crypto exchange and lending platform BlockFi joined Geminis, CryptoCom, and other digital asset firms in massively trimming its staff size in the light of a downtrend wave storming the…
Cardano Launched EVM Sidechain on its Testnet
The company behind the Cardano ecosystem – Input Output – announced the launch of its Ethereum Virtual Machine (EVM) sidechain alpha on the testnet. However, the layer-one blockchain did not…
$1.25 Billion in Liquidations as Bitcoin Price Briefly Dips Below $21K
The cryptocurrency market downturn continues with no signs of slowing down. Bitcoin dipped below $21K, leaving around $1.24 billion in total liquidations over the past 24 hours. The bloodbath in…
Bank Of America Survey Reveals 90% of Respondents Plan to Buy Crypto in 2022
Many investors are already talking about how long this crypto winter could last. Still, according to Bank of America, most retailers are waiting for the ideal time to buy cryptocurrencies…
France Could Deploy Blockchain Ticketing for Paris 2024 Olympic Games (Report)
The French Government’s Olympics committee is willing to run the Paris 2024 Olympic Games with minimum security risks for fans. As such, the organization might incorporate blockchain technology into its…
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