Crypto exchange Coinbase slashes staff by 18% amid bear market
After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession. Go to Source Powered by WPeMatico
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Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse
Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to achieve its objectives by applying standards that are endorsed by the crypto exchanges. Screening Guidelines Five of South Korea’s leading domestic cryptocurrency exchanges have said … Read more
Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments
Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’ accounts daily, targeting high inflation markets. Buenbit Announces USDC … Read more
Crypto users take to Twitter to lament the ongoing market downturn
What goes up must come down. And then go up again. Then come down again. And on and on and on… Go to Source Powered by WPeMatico
Binance resumes withdrawals as many retail crypto investors monitor exchanges
Many social media users seem to be waiting for other crypto exchanges including Coinbase and Kraken to follow in Binance’s and Celsius’ footsteps by suspending withdrawals. Go to Source Powered by WPeMatico
Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin
Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ users cannot use the Korean won to trade the crypto asset, which has since been named a “dark coin.” Upgrade Violates Specific Financial Information Act Following … Read more
Bear market: Some crypto firms cut jobs while others aim for sustainable growth
While crypto companies have been faced with major layoffs, things are nowhere as bad as the tech industry or other traditional sectors. Go to Source Powered by WPeMatico
Anonymous hacker served with restraining order via NFT
International law firm Holland & Knight served a defendant in a hacking case with an NFT that was created and airdropped by its asset recovery team. Go to Source Powered by WPeMatico
Ethereum 2.0 vs. the top Ethereum killers|The Market Report
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss Eth2 and how it compares to the competition. Go to Source Powered by WPeMatico
Crypto.com’s Cronos launches $100M accelerator for DeFi and Web3
The Cronos Accelerator Program is backed by $100 million to help crypto projects in seed-pre-seed stages seeking mentorship, funding and growth. Go to Source Powered by WPeMatico