Auto Added by WPeMatico

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told…

Continue ReadingHuobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value…

Continue ReadingDeclining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

Three Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study

According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — Nigeria, South Africa, and Kenya — account…

Continue ReadingThree Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study

Huobi Calls Bitcoin and Ether Bottoms, Predicts Recovery After Q1 2023

Huobi Research, an affiliate of Huobi Global, estimated in its Global Crypto Annual 2022-2023 Report that the prices of bitcoin and ether will start surging after the first quarter of…

Continue ReadingHuobi Calls Bitcoin and Ether Bottoms, Predicts Recovery After Q1 2023