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 …
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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 …
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The crypto market has been seeing a bullish performance for three consecutive days now after several crypto crash sessions. The crypto behemoths, Bitcoin (BTC) and Ethereum (ETH) have been pushing beyond the critical resistance levels currently. Better clarity on the market conditions will be ascertained if BTC closes the daily …
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Winamp, one of the most popular PC-supported media players, has added support for music NFTs. The company has also fixed some existing bugs and added the features in a whole new way. The new features are likely to permit its users to play audio files that are embedded in their …
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Changpeng Zhao, the CEO of Binance, a major crypto exchange in the world, certainly is bullish about the crypto market’s future. CZ smashed all bearish outlooks of the crypto space through his statement in a CNBC interview. The prominent thing to be noted in his interview is that CZ was …
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GameStop, the gaming giant has withdrawn itself from crypto initiatives after facing a huge loss. The company suffered a net loss of $94.7 million in the third quarter (Q3). However, it seems that it will continue to move forward with NFT and blockchain technology plans. GameStop Crypto Decline: The Announcement …
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Crypto industry participants are seeking insurance or protection against the volatile domain’s risks. As a result, there is an unprecedented rise in the demand for crypto insurance policies. This need has been gaining attention only after the prolonged crypto winter as several investors and companies lost massive amounts of funds. …
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As the latest reports state, Amazon will launch NFT project soon. The e-commerce giant is planning to enter the world of NFTs and digital assets. The report states that the company has plans for its NFT initiative as early as the spring of 2023. The sources revealed that Amazon has …
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Crypto lender Hodlnaut is another one on the list to have faced the wrath of crypto winter. Like other crypto market participants, it also faced subsequent losses due to the bearish sessions in the crypto market which might even result in a forced liquidation. However, the crypto lending firm opposed …
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The Helium blockchain has recently announced that it will be migrating from its native blockchain to the Solana network completely. This is a major move for the Helium network, which currently operates as a decentralized blockchain for IoT devices. This upgrade of Helium migration will take place by 15th of …
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