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 …
Read More »Crypto Market Sell-offs Might Increase Further: IMF
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 …
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 »GameStop NFT Opening Week Sales Overshadow Coinbase
On July 11, 2021, GameStop Corp. (NYSE: GME), a gaming merchandise retailer, announced that it has launched its non-fungible token marketplace to allow gamers, collectors, creators, and other community members to buy, sell, or trade NFTs. The GameStop NFT marketplace is a non-custodial, Ethereum Layer 2-based marketplace that lets the …
Read More »Celsius Bankruptcy Filing: A Huge Blow For Its Customers
Celsius Network, the crypto lender based in New Jersey, has filed its bankruptcy status recently. The move came as a response to the $1.19 billion hole or deficit in its balance sheet. The company filed for U.S. Chapter 11 Bankruptcy on Thursday, July 13, 2022. The firm had earlier put …
Read More »NY Bill On Crypto Mining: A New Law Coming Soon
As per the latest NY bill on crypto mining, the New York State Legislature has imposed a two year suspension on the utilization of fossil fuel power plants to offer energy to miners of digital currencies such as Bitcoin. But the office of Governor Kathy Hochul stated that she has …
Read More »FTX Launches Crypto Service In Japan For A New Future
As per the latest announcements, FTX launches crypto service in Japan. This Bahamas based digital currency exchange declared on Thursday that it has released FTX Japan to service Japanese customers. FTX Launches Crypto Service In Japan FTX Japan which is functioning through FTX Japan K.K (FTX Japan), is a licensed …
Read More »Chipotle Accepts Crypto: The US-Based Restaurant Partners With Flexa
The most popular Mexican-style fast-food restaurant chain, Chipotle, has entered into the cryptocurrency mass adoption. Now Chipotle accepts crypto payments via Flexa, which is a digital payments platform. The online payment platform is compatible with nearly 98 cryptocurrencies. This includes Bitcoin (BTC) and Ethereum (ETH). Customers in the United States …
Read More »SEBI Bans Celebrity Crypto Promotions & Imposes Important Laws Now
In a recent statement, SEBI bans celebrity crypto promotions. The SEBI (Security Exchange Board of India) has declared that ‘prominent public figures, including celebrities, sportsmen’ should not be seen endorsing any crypto product and the advertisement disclosure should talk about the effective violation of laws. With that let us have …
Read More »Crypto.com To Sponsor Fifa 2022 As Per Latest Reports
Singapore based digital currency exchange application Crypto.com declared on Wednesday, March 2022, that it will be sponsoring the Fifa World Cup this year which is scheduled for November. While announcing Crypto.com to sponsor Fifa 2022, it was announced that the entity will be the exclusive digital currency trading platform sponsor …
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