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The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows the startup surpassing $31 billion in all-time NFT sales volume, and the … Read more
The archipelagic country of the the Philippines is exploring blockchain use cases across different industry verticals. Go to Source Powered by WPeMatico
DappBay’s Red Alarm is a contract risk scanning tool that helps users identify high-risk projects to avoid rug pulls and frauds. Go to Source Powered by WPeMatico
BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved. Go to Source Powered by WPeMatico
Data shows blockchain-based gaming protocols registered a steady uptick in daily active users and transactions despite the current bear market conditions. Go to Source Powered by WPeMatico
Iranian cryptocurrency users claim to have used global exchange Binance months after a company-imposed ban and renewed economic sanctions against the country. Go to Source Powered by WPeMatico
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank. Go to Source Powered by WPeMatico
Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that the exchange is currently complying with its AML/KYC processes required by the government of the country. More than 17 companies have received … Read more
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized crypto exchanges, as there’s 2.275 million held on trading platforms today. Glassnode reported on July 5, that despite bitcoin’s “weak price-action through … Read more
CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.” Go to Source Powered by WPeMatico
