Chain (XCN) has been surging today. This crypto news is of this importance as the Chain crypto was gaining amid the bearish trends. This digital currency managed to gain substantially during the crypto market bloodbath today. Before jumping into the performance that the XCN token showed today, we want to …
Read More »Blockchain.com Workforce Trimmed By 25% Amid Crypto Crash
The major cryptocurrency exchange, Blockchain.com, is set to conduct a huge layoff trimming about 25% of its workforce. About 150 employees are going to be terminated soon. The Blockchain.com workforce cut is attributed to the persistent crypto market crashes in recent months. The exchange said that they are doing so …
Read More »BlockFi Bankruptcy: Will It Now See A Fall Like FTX?
The news of BlockFi bankruptcy has been circulating in the crypto industry for quite some days. People have been saying that BlockFi, a crypto lender, has gone penniless and that it had to file for Chapter 11 similar to FTX. On the 10th of November, when people were already discussing …
Read More »Cryptocurrency Scam: Metallica Issues Alert Before New Launch
Metallica’s new album launch, and upcoming tour named 72 Seasons are already in the way of launch. The threat actors are undergoing a cryptocurrency scam. The scammers have targeted the metalheads via social media impersonation through crypto giveaway scams. The company was quick enough to point out the hideous side …
Read More »RBI Crypto Ban Plea Needs Global Support: FM Sitharaman
The Reserve Bank of India (RBI) has initiated a request to the Central government regarding the formulation of crypto regulations and to exercise a ban on them. To this, Finance Minister Nirmala Sitharaman remarked saying the RBI crypto ban plea would only be thought about if it garners “global collaboration” …
Read More »Crypto Crash Brings Global Market Cap Below $1 Trillion Again
The repeated crypto crash sessions have been wiping off an immense amount of value from the global cryptocurrency market. This has raised concerns among crypto enthusiasts and participants. The crypto winter has literally done no good to the domain and several companies operating in the sector had to face the …
Read More »FTX Collapse Is About To Initiate New Crypto Winter Pain
The cryptocurrency market is already enduring a prolonged slump. Amidst this, the FTX collapse brought new troubles for the crypto market. Following the crash, the valuations in the asset class and other assets have been heavily hampered. Founded by Sam Bankman-Fried, a prominent personality in the crypto world, FTX filed …
Read More »This Week In Crypto: How Important Is Staking & Others
The United States will possibly cease crypto staking as per what is popping out in the news this week in crypto. Simultaneously, there are a couple more things happening in the cryptocurrency sphere. In this collective news update, we will walk you through all the critical things happening in and …
Read More »El Salvador Is Ready For Their New Bitcoin City
El Salvador plans to construct the first Bitcoin City across the globe that is initially funded by the Bitcoin backed bonds as said by the El Salvador President Nayib Bukele on Saturday, doubling down on his bet to use the digital currency to navigate investment in the Central American Country. …
Read More »The Latest Found Monero Bug May Affect User’s Transaction Privacy
Formulators of a privacy coin XMR (Monero), found a Monero bug that can impact the transaction privacy of the users. On Monday, a warning came from the official Twitter account of Monero about a “rather significant bug” that has been found in the decoy selection algorithm of Monero, a system …
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