Tag: Cryptoslate
Blockchain
Floor price of blue-chip NFTs tank as sales volume decline
The bear market is starting to take a toll on non-fungible tokens (NFTs) as some of the most valuable collections in the space have seen their values decline due to the reduced demand in the past few
Blockchain
BlockFi cutting 20% of staff to prioritize profitability goal
Cryptocurrency lending platform BlockFi became the fourth crypto company to downsize in order to survive the current market by announcing that it will let 20% of its staff go The post BlockFi
Blockchain
Binance CEO says firm is ‘expanding hiring’ despite market crash
Binance CEO Changpeng Zhao (CZ) has said that the bear market is a great time for crypto companies to hire more people and increase investments, Bloomberg News reported June 13 The post Binance CEO
Blockchain
South Korea’s top exchanges seek to prevent another Terra-like crash
The top five crypto exchanges in South Korea have decided to form a consultative body that will prevent a situation similar to the Terra crash from happening again, according to South Korean news
Blockchain
Richard Branson ramps up efforts to end crypto scams using his name
Richard Branson, the founder of the Virgin Group, is looking to stop the use of his name in fraudulent crypto schemes, the British billionaire disclosed in an interview The post Richard Branson
Blockchain
Crypto.com will fire 260 people, shrinking by 5%
Crypto exchange platform Crypto dot com announced it will be downsizing by 5% and let 260 of its staff go due to current market conditions The post Cryptocom will fire 260 people, shrinking by 5%
Blockchain
Nexo makes unsolicited offer to acquire Celsius’ assets after it halts withdrawals
Leading crypto lending platform Nexo made an unsolicited offer to acquire “any remaining qualifying” assets of rival Celsius Network after the latter suspended withdrawals due to adverse
Blockchain
MicroStrategy’s shares plunge in massive rout of crypto-related stocks
The latest crypto market crash has seen the stocks of crypto-related companies take a sharp dive The post MicroStrategy’s shares plunge in massive rout of crypto-related stocks appeared first
Blockchain
Plummeting crypto markets see no reprieve as Bitcoin loses $23,000
Bitcoin (BTC) sees a 16% drop in value on Monday, taking the market leader below $23,000 for the first time since December 2020 The post Plummeting crypto markets see no reprieve as Bitcoin loses
Blockchain
Binance temporarily suspends Bitcoin withdrawals
Binance has paused Bitcoin (BTC) withdrawals from the exchange as it works to resolve an issue with a stuck transaction The post Binance temporarily suspends Bitcoin withdrawals appeared first on
Blockchain
Terra investors file a class action lawsuit against Binance.US
A group of investors has filed a class-action lawsuit against Binance US and its CEO for allegedly failing to comply with federal and state securities laws The post Terra investors file a class
Blockchain
Osmosis back online after fixing bug that caused liquidity exploit
Following a bug in Osmosis that “allowed liquidity providers to earn an extra 50% when adding and withdrawing liquidity,” the chain was halted to avoid further damage to liquidity pools
