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Life after crypto biz: Retrenched staff ponder future in the job market
20.7.2022
Workers weigh up their futures in the cryptocurrency economy as tough market conditions lead to more staff cuts at prominent firms
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%...
Crypto Mining Hosting Firm Applied Blockchain Stock Surges After 200MW Deal
19.7.2022
A hosting deal with Marathon Digital should ease investor’s funding concerns, said a DA Davidson analyst
Bitcoin price moves toward $24K and traders expect further upside, after a support retest
19.7.2022
BTC price is racing toward $24,000, but analysts warn that a lower support retest is needed to confirm the strength of the current breakout
As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago
19.7.2022
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s...
US lawmaker criticizes SEC enforcement director for not going after 'big fish' crypto exchanges
19.7.2022
Representative Brad Sherman said the SEC's enforcement case against Poloniex was like going after "small fish" compared to major exchanges which may include Kraken and Coinbase
Indian Finance Minister: Crypto Ban, Regulation Effective Only With Significant International Collaboration
19.7.2022
India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international...
Indian Exchanges Hold Meeting to Discuss Way Forward After Crypto Advocacy Body is Dissolved: Sources
19.7.2022
At least ten prominent crypto exchanges are meeting in Bengaluru after the advocacy body that represented the industry, was disbanded last week
Bitcoin and Ethereum Correct Gains After Nearing New Highs, ETC and NEAR Rally
19.7.2022
Bitcoin price settled above the USD 21,500 resistance zone, started a steady increase and was able to spike above the USD 22,800 level before retreating. It is currently (04:08 UTC) trading near USD 21,900 and is still up almost 3% in a day and 10% in a week.
Similarly, most major altcoins...
Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs
18.7.2022
Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentine peso, using MakerDAO’s DAI as collateral
Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years
18.7.2022
Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty...
Unity CEO Promises To 'Do Better' After Calling Some Game Devs 'F*cking Idiots'
18.7.2022
Last week Unity CEO and former head of Electronic Arts, John Riccitiello, called game developers who don’t think about monetization early “fucking idiots.” Now the only person feeling like an idiot seems to be him. After previously calling stories about the rogue comment “clickbait,” he’s...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Weekend Gains
18.7.2022
Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week. Bitcoin Bitcoin (BTC) was in the green to start the week, as...
South African Court Releases Former Monero Developer Riccardo Spagni From Custody
18.7.2022
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned...
Jed McCaleb empties XRP wallet after eight-year selloff
18.7.2022
XRP Scan shows the former Ripple founder’s “Tacostand” wallet has only $16 worth of XRP left at the time of writing
Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender
17.7.2022
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that...
Ethereum traders gauge fakeout risks after 40% ETH price rally
17.7.2022
Ether price could drop by 45% because its ascending triangle breakout looks unconvincing so far
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Yesterday’s Gains
16.7.2022
BTC was marginally lower to start the weekend, as crypto prices consolidated following recent gains. After surges in price on Friday, both ETH and bitcoin were slightly lower, as bulls appeared to have liquidated positions in order to secure profits. Bitcoin Bitcoin was trading lower to start...
Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Block
16.7.2022
Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will...
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
15.7.2022
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows...