Key takeaways: Brad Garlinghouse has stated that Ripple has been preparing for crypto winter with a significant cash balance; thus, the company can keep hiring. As someone who has weathered…
Summary: Justin Sun has invited anyone laid off during the ongoing crypto winter to apply for jobs across several Tron-based projects. They include Tron DAO, Poloniex, BitTorrent, USDD, Ape NFT,…
Key takeaways: Terra community member Fatman has found loopholes in a report claiming that TerraForm labs caused UST’s depegging event in early May. According to Fatman, the Terra wallet cited…
Summary: The U.S.-based crypto company previously announced plans to halt hiring. CEO Brian Armstrong announced on Tuesday that the current workforce will be slashed by around 18%. Armstrong noted that…
Summary: Crypto tokens continue to bleed as market uncertainty persists. Market leaders Bitcoin and Ethereum dipped over 15% on Monday. BTC is down more than 6% in the last 24…
Hayes highlights open interest data for BTC and ETH, which are at $20,000 and $1,000. He says the closer the market goes to those strike prices; the more will be…
Summary: Terra Community member Fatman has suggested that Do Kwon owns a mystery wallet with a 20 million LUNA airdrop. According to Fatman, the Terra wallet is used by Do…
Summary: Bitcoin’s drop to a local low of $22,600 has rekindled discussions surrounding MicroStrategy’s possible margin call on its $205 million loan if Bitcoin drops below $21k. However, MicroStrategy’s CFO…
Summary: Binance CEO, CZ, has said that the exchange has a healthy war chest to get through the ongoing crypto winter. CZ also reiterated that Binance is hiring right now.…
Summary: Binance has temporarily paused Bitcoin withdrawals on the exchange due to stuck transactions causing a backlog. The team is currently working on a solution, and further explains that the…
Summary: Roche Freedman LLP submitted a class-action lawsuit on behalf of UST investors on Monday. The suit targets Binance.US and claims that the company violated securities laws. Misleading marketing around…
Nexo has announced that it wants to purchase qualifying assets from Celsius Network. Celsius Network suspended withdrawals until further notice because of current market conditions. The focus is now to…
Summary: Tron’s USDD algorithmic stablecoin depegged slightly on Monday. The event triggered massive shorting pressure on the TRX token and the coin is down over 10% in the last 24…
Leading CeFi platform Celsius Network halts its withdrawals, swaps, and transfers citing extreme market conditions The native token of Celsius Network has crashed 50% and is currently sitting at $0.1855…
Key takeaways: Crypto analyst MagicPoopCannon has forecasted a $400 value of XRP by 2026. Short term, he anticipates XRP to fall to the $0.13 to $0.09 range. An analysis by…
