Demand for Crypto Experts in India Hikes Remuneration, Vacancies Spike

A deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local media reported quoting data from recent studies. Demand for professionals in the field has been growing rapidly in the past year. Crypto Experience Can Bring up to $100,000 in Annual Salary Indian IT companies … Read more

Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals

Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko Investors Parted With Over 1 Million Rubles Russia is still trying … Read more

Consensys Aims for $3 Billion Valuation in Upcoming Funding Round

Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding round. The company would be taking advantage of the bullish climate the industry is experiencing right now to achieve this important milestone. Also, Consensys is flexing its economic muscle by acquiring Treum, developer of … Read more

Bank of Spain Criticizes El Salvador’s Foray Into Bitcoin

The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender last month. In a report titled “The role of crypto assets as legal tender: the example of El Salvador,” the bank examines several pain points the country encountered while applying its bitcoin strategy, … Read more

Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain Industry

Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund to “push the adoption” of the Binance Smart Chain and “the whole blockchain industry.” Binance Launches ‘the World’s Largest Crypto Accelerator’ Cryptocurrency exchange Binance announced … Read more

Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies

On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration will allow Wix merchants to accept 12 different cryptocurrencies such as bitcoin, dogecoin, bitcoin cash, ethereum, litecoin, and stablecoins as well. SaaS Platform Wix Implements … Read more

JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply

The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,” questioning whether the supply of bitcoin is actually limited. He also noted that blockchain and stablecoins can be real, emphasizing that governments are going to regulate the industry. Bitcoin Is Worthless and Supply May Not Be Capped, JPMorgan CEO Jamie Dimon Suggested … Read more

FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future West Realm Shires Services Inc., … Read more

FBI Arrests Federal Employee Selling Restricted Data on Nuclear Submarines for Cryptocurrency

A U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of nuclear-powered warships to a foreign government. The federal employee asked to be paid in monero cryptocurrency. “I am very aware of the risks of blockchain analysis of bitcoin and other cryptocurrencies, and believe monero … Read more

Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’

On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF) will send the crypto asset’s value to the moon, Morehead explains it could be a negative event and when it officially launches he said he … Read more

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