Crypto Exchange Banxa Cuts Workforce By 30% As Layoffs Continue
Summary: Banxa CEO Holger Arians informed employees of the slash via email on Monday. Around 70 staff are set to lose their jobs including European Managing Director Jan Lorenc. Arians…
Nexo Issues Cease-and-Desist Letter to Twitter User Accusing It of Embezzlement
Nexo has sent a cease-and-desist letter to a user making serious criminal claims. Nexo published a lengthy blog post dismissing the claims and providing reasoning against the individual’s largely unsubstantiated…
LUNC Value Prediction for June 2: LUNC/USDT Increases in Value
LUNC/USDT threw down APE/USD from the top of the crypto daily mover list to occupy the number spot today. Terra Classic moved an impressive 16.67% today. This is an impressive…
China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’
Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph. Amid the Chinese…
Dogecoin price could rally 20% in July with this bullish reversal pattern
DOGE’s bullish pattern has reached its profit target 79 out of a hundred times in its financial history. Dogecoin (DOGE) looks ready to extend its rebound move despite the current…
Catalonia is building its own metaverse, says innovation minister
The government is hoping to make Barcelona a digital hub by offering various skills programs to university students and boot camps to cultivate talent. Catalonian director-general of innovation Daniel Macro…
Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH
According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club (BAYC) collection as collateral to drain the assets. XCarnival, a liquidity…
Hacktivist Group Anonymous Pledges To Expose Do Kwon
Anonymous has uploaded a new video that targets Terra Form labs founder Do Kwon Anonymous group has pledged to expose Do Kwon’s crimes and bring him to justice as soon…
Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil
Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments…
Tencent Launches Extended Reality Unit to Tackle the Metaverse Market
Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all…
My Liquidity Partner (MLP) Is Now Available for Trading on LBank Exchange
PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 27, 2022 – LBank Exchange, a global digital asset trading platform, has listed My Liquidity Partner (MLP) on June 23, 2022. For all users…
Mining Ban Sparks Negative Reactions From Iran’s Crypto Community
The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity…
Uganda’s Gold Discovery Worth $12.8 trillion- How it Would Affect Cryptos
Cryptocurrency markets have been in the red for the major part of the year, and the recent discovery in Uganda might be the very thing helping the markets make an…
Google users think BTC is dead — 5 things to know in Bitcoin this week
Traders brace for fireworks in July thanks to macro triggers while BTC price action is on track for a historic monthly close below the 200-week moving average. Bitcoin (BTC) starts…
2022 bear market has been the worst on record — Glassnode
Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. Several factors have contributed to making the current…