Cryptocurrencies seem to be in a freefall at the moment. But some stakeholders still have a strong conviction that crypto and decentralized finance (DeFi) will bounce back. The Chief Executive…
Summary: Celsius Network has reportedly laid off 150 staff members who constitute 25% of its workforce. The team behind the lending platform had last month hired restructuring advisors. Celsius Network…
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a…
Authorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the…
Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in…
IOHK, Cardano’s parent company, shared an update regarding the upcoming Vasil Hard Fork. The company said the Hard Fork will be happening on the Cardano testnet on Sunday, July 3.…
Blockchain provider Ripple is organizing a contest to promote the growth of central bank digital currency (CBDC) interoperability, with more than $190,000 worth of prizes to be won. The San…
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This…
The value and reputation of the crypto market took a nosedive this May. Its recovery is a chance to fix both. It’s not a great day to be in crypto.…
Summary: Coca-Cola has announced plans to release a Pride series NFT collection to celebrate the LGBTQIA+ community. Coca-Cola will be collaborating with artist and advocate Rich Mnisi. The Pride Series…
This year’s annual Israel Crypto Conference was focused on regulation and CBDCs: The regulated status of cryptocurrencies would open many doors of possibilities. In his monthly crypto tech column, Israeli…
For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average…
According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in…
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday…
What is Web5, where is Web4 and what would be the recently announced initiative by Block subsidiary TBD to create a new layer of decentralization on top of the Web.…
