Crypto Winter: A Harsh Reality to Live With Until 2024-25?
As per the co-founder of Huobi, one of the world’s largest cryptocurrency exchanges, Bitcoin may not see a bull market until late 2024 or the beginning of 2025, if past…
Resistance is futile! 3 reasons why Bitcoin mining will never go away
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. In the summer of…
Three Arrows Capital has failed to meet margin calls: Report
Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report. Venture firm Three Arrows Capital (3AC) has reportedly failed to…
State securities regulators investigate Celsius over withdrawal suspension: Report
Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market. Securities regulators from…
Swiss luxury watchmaker TAG Heuer introduces NFT-enabled smartwatch
Watches, blockchain and NFTs combine with the launch of TAG Heuer’s new luxury wearable. Watchmaker TAG Heuer has partnered with the well-known nonfungible token (NFT) community surrounding Bored Ape Yacht…
Deribit Confirms 3 Arrows Capital as a Shareholder, States the Exchange’s Accounts are in Debt, but Still Financially Healthy
Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted that its accounts possibly linked to Three Arrows Capital are…
We Want to Make Britain a Crypto Hub but With Investor Protections, Says UK’s Digital Minister
Summary: The UK is looking to transform Britain into a crypto hub. However, the UK’s digital minister has issued caution as they want to have proper investor protections. The UK…
Brad Garlinghouse: Ripple is Hiring for Hundreds of Roles, But we Have a ‘No A**holes’ Policy
Summary: Ripple CEO, Brad Garlinghouse, has announced that the company is currently hiring despite the ongoing crypto winter. Mr. Garlinghouse also cautioned that Ripple has a ‘No A**holes’ policy. Ripple…
OKX Plans to Increase its Workforce by 30% to 5k Employees in 12 Months, With a Focus on Gender Balance
Summary: OKX crypto exchange has updated its plans to weather the ongoing crypto winter. The team at OKX has stated that they plan to increase their workforce by 30% to…
TRON DAO Reserve withdraws TRX from Binance as USDD depegs further
The TRON DAO Reserve has announced plans to withdraw 2.5 billion TRX from the Binance cryptocurrency exchange. The withdrawal has been done to maintain TRX’s value and make it hard…
Fidelity is still bullish on Bitcoin despite the turmoil
The Director of Global Macro at Fidelity, Jurrien Timmer, has said that Bitcoin could be cheaper than it appears. Analyzed on-chain data metrics show that the coin’s true value could…
Polygon co-founder says Web3 is bullish despite market bears
The cryptocurrency market has been on a downturn since the beginning of the week. Earlier this week, the global cryptocurrency market cap dropped below $900 billion. However, some crypto experts…
Kraken exchange is hiring new staff as other companies lay off staff
Kraken, one of the world’s largest cryptocurrency exchanges, is planning to fill more than 500 positions in different departments amid the market turmoil. The hiring of new staff by the…
FINRA plans to absorb employees laid off by crypto firms
The cryptocurrency market has been in a bearish state for the better part of this month, and the outflows are squeezing out the capital available to crypto firms. Some of…
Accepting Bitcoin for your business just like Tesla: Report
Merchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% — or more. Tesla temporarily embracing Bitcoin (BTC) as a method of…