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Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs
20.7.2022
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10%...
Bitcoin per transaction cost goes down every four years, coincidence?
18.7.2022
The cost per Bitcoin transaction is calculated by dividing miners' revenue by the number of transactions, thus implying an unpredictive trend
Bitcoin Production Cost Has Dropped to About $13K, JPMorgan Says
14.7.2022
Declining production costs could be seen as a negative for bitcoin prices, the Wall Street bank said in a report
Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030
14.7.2022
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies...
Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner
10.7.2022
Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around $20,000, a bitcoin miner with these attributes can still...
Credit unions warn about the cost of developing a CBDC
8.7.2022
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders
Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users
7.7.2022
The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost transactions and sustainability commitments.” Reddit’s...
Mercado Pago Extends Its Cryptocurrency Services in Brazil
29.6.2022
Mercado Pago, the digital payments company related to Mercadolibre, has recently announced the extension of the crypto services that it provides to users in Brazil. The company revealed it will now allow customers to deposit their own cryptocurrencies through third-party services and wallets into...
ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says
28.6.2022
The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
28.6.2022
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William...
Collective #717
23.6.2022
The cost of convenience * Building forms with custom elements * State of GraphQL
The post Collective #717 appeared first on Codrops
Bybit to Reduce Workforce as Crypto Slump Drives Cost-Cutting Measures
20.6.2022
Cryptocurrency exchange Bybit is to cut its workforce by as much as 30% in response to its business not growing at the same rate as its headcount, according to a report
OpenSea Claims Users Can Save 35% in Gas Cost Following Migration to Seaport
15.6.2022
OpenSea, the world's largest non-fungible token (NFT) marketplace in terms of trading volume, has announced a major migration which they say will enable users to save "an estimated 35%" in gas fees going forward.
The marketplace is migrating to a new Web 3 marketplace protocol called Seaport...
Coinbase Announces Cost-Cutting Measures as Crypto Firms Face Bear Market
2.6.2022
Coinbase announced the move on its blog following an announcement of layoffs at fellow exchange Gemini earlier today
US Senator Cruz ‘Incredibly Bullish’ on Bitcoin — Says ‘I Have a Weekly Buy’
26.5.2022
U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontrolled, decentralized currency is terrifying for those...
Dollar Cost Averaging or Lump-sum: Which Bitcoin strategy works best regardless of price?
22.5.2022
A dollar invested into Bitcoin every month since December 2017 has provided investors a cumulative return of $160
Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout: Report
19.5.2022
The report based on internal emails seen by The Information comes after Coinbase said earlier this week it will slow hiring
The Human Cost of Lunatic Hubris
13.5.2022
erraform Labs' Do Kwon and his collaborators sold a bad bet to tens of thousands of everyday folks. We're beginning to see how immense the harm was
The Number of Entities Using Bitcoin to Store Arbitrary Data Has Declined
30.4.2022
Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of OP_Return transactions has dropped a great deal and the trend has lowered network fees to some...
MetaRace Horse Racing, the First “Play to Earn” DApp on the Caduceus Blockchain
22.4.2022
PRESS RELEASE. On April 18th, MetaRace Horse Racing was officially launched on the decentralized edge rendering Metaverse protocol – Caduceus. It is the first “Play to Earn ” game launched on Caduceus, co-built by MetaverseGraph Labs. The high gas cost of Ethereum and the slow transaction...