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 »TRON (TRX): Buy, Sell, Or Hold Today?
TRON (TRX) or Tronix, the native token of the decentralized blockchain network, Tron, had been gaining with the ‘green’ market trends lately. However, today’s crypto crash session has made it totally confusing whether to buy TRON or not. It has been considered as one of the stable options in the …
Read More »Smooth Love Potion (SLP) Crypto Gains 20% After Prolonged Bearish Sessions
Smooth Love Potion (SLP), a forerunner of the Axie Infinity Ecosystem, had been in immense losses due to the prolonged ‘red’ sessions in recent months. The crypto crash sessions made things worse as the coin has lost over 90% of value since the year’s beginning. However, the coin’s recent surge …
Read More »Kusama Crypto (KSM) Gains Continue Ahead Of Binance Listing
The crypto market has ended the ‘red’ streak and now has been extending its gains recently. While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have gained over 20% and 40%, respectively, in the last seven days, there is an unsung hero of the market that recently reversed its losses. …
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 »This New Crypto Entrant Defies The ‘Red’ Trend Of Competitors
The crypto market has been seeing the worst swings in recent months due to one occurrence or the other. First, the Russian invasion of Ukraine induced a prolonged bearish session in almost all financial markets around the world. During a relief from the red trends, there are a number of …
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 »Is Ethereum A Buy Or Sell Today?
Ethereum (ETH), the second-largest cryptocurrency, has seen its prices shooting up lately. The sudden ‘green’ movement has amazed its investors and supporters. However, the question of “is Ethereum a buy” has been worrisome for them. The bullish rally of about 40% between July 13 and July 16 surely caught the …
Read More »How Will Blockchain Potential Bring New Changes In The World
All cryptocurrencies operate on distributed ledger technology, which is known as the blockchain. The crypto and blockchain domain still has secrets unknown to anyone, for instance, the founders of Bitcoin (BTC), the first and largest crypto, are still in anonymity. Moreover, the blockchain potential still cannot be determined since there …
Read More »Ethereum 2.0 Weekly Deposits Record A New Low
Ethereum 2.0 staking contract is a kind of blockchain smart contract which enables users to lock their Ethereum (ETH) investments and be an authenticator on the proof of the stake network. Ethereum 2.0 stake rewards the inventors for this. However, the Ethereum 2.0 weekly deposits have hit a new low …
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