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Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group is Slashing Costs and Jobs
18.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group...
Robinhood not giving up on crypto despite Q3 crypto revenue slashing 12%
3.11.2022
The Robinhood CEO also announced the brokerage firm’s plans to expand the Robinhood Wallet internationally in the months to come
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
14.10.2022
Stronghold, which is currently restructuring its debt, can save up to $27.6 million in the next two years by ending its partnership with Northern Data
Ethereum Merge makes network more vulnerable to attack — Security expert
12.9.2022
The security expert said that while PoS isn’t “theoretically” as secure as PoW, he admits it still has “sufficient practical security.”
Ethereum gone wrong? Here are 3 signs to keep an eye on during the Merge
5.9.2022
The Ethereum merge is fast approaching and those with assets at stake should keep a close eye on the following data sources
Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
30.8.2022
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The central bank also believes that wider adoption of the CBDC...
If Ethereum Starts Slashing, It Burns
25.8.2022
A move to penalize "bad actors" would make ether as politicized as fiat currency, says Nic Carter
Ethereum community splits over solutions for transaction censorship
23.8.2022
Social slashing and even a user-activated soft fork have been suggested as possible responses to the threat of transaction censorship on Ethereum
New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings
19.8.2022
Stablecoin issuer Tether has cut its commercial paper exposure to $8.6 billion, with a reduction to $200 million on track by the end of the month
Human Protocol Develops New Layer Featuring Voting, Proof-of-Balance, Liquidity, and Slashing – the Routing Protocol
10.8.2022
HUMAN Protocol is an infrastructure to reshape how humans work, by supporting distributed job markets in which any job, of any size or type, can be securely tokenized, published, and completed. The HUMAN team is now developing a new blockchain coordination layer to empower communities for positive...
Broker Robinhood Slashing Nearly One-Quarter of Workforce
2.8.2022
Robinhood's job cuts come after the brokerage slashed 9% of its headcount in April to streamline costs and combat the market rout
Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar
4.10.2021
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to make payments and currency handling easier, according to earlier statements. However, just hours...
Central Bank of Venezuela Announces ‘Digital Bolivar’ Redenomination Plan
7.8.2021
The Central Bank of Venezuela announced the new redenomination plan for its fiat currency called “Digital Bolivar.” This new proposal seeks to simplify transactions by slashing six zeroes from the current value of the currency. While it is called digital, it has nothing to do with...
DeFi leader’s mishap sees his Eth2 validator subjected to 'continuous slashing'
9.12.2020
Slashing is one of the big risks of staking on ETH 2.0, find out how to avoid it
Bison Trails’ New Software Could Make Slashing Penalties a Thing of the Past
20.8.2020
This in turn could reduce the headaches involved when achieving consensus
Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
15.4.2020
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining...
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
Bitcoin Sinks Below $5K Despite Fed Reserve’s Slashing of Interest Rates
16.3.2020
The Fed's cutting of interest rates has done little to calm the markets
Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced
22.2.2020
Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...
QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices
9.11.2019
Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong...