Blockchain data analytics firm Nansen Research is slashing its workforce by 30%. Layoffs have been widespread across crypto businesses in the past year. Following the latest move, Nansen joins the growing list…
Maand: mei 2023
Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say
Improving liquidity conditions so far this year has lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along…
Cardano fails at ‘flipping’ – Here’s what it means
April’s $0.383 – $0.370 support zone has become a key resistance level and roadblock. ADA bulls can only gain more leverage if they clear it. Source: AMBcrypto Original Post: Cardano fails at…
Stop shoving crypto ‘down people’s throats’ — Pudgy Penguins CEO on NFTs
Luca Netz suggested that Pudgy Penguins is pushing for Web3/blockchain as a “back end not front end” approach, as it makes its IP as accessible as possible. Source: Cointelegraph.com Original Post:…
Did The US SEC Just Endorse Ethereum After This Settlement?
On May 30, the United States Securities and Exchange Commission (SEC) announced that Ishan Wahi, the former Coinbase product manager, and his brother, Nikhil Wahi, had agreed to settle charges brought forth by…
Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture
Behind every PFP with thousands of followers on Twitter is a person. And in Web3, it’s not always best to trust one person’s word on whether or not to mint into an…
Payments Giant PayPal Invests in New Crypto Wallet Software in Push for Web3 Adoption
Payments giant PayPal is investing millions into San Francisco-based crypto wallet company Magic in its latest venture into the digital assets space. According to Magic’s press release, the wallet-as-a-service (WaaS) provider raised…
Gate.io denies liquidity problems after Multichain CEO goes missing
Some Twitter users posted transactions showing large inflows of MULTI and FTM to Gate.io, leading them to perceive a connection between the two organizations. Source: Cointelegraph.com Original Post: Gate.io denies liquidity…
Bybit Pulls Out of Canada Amid New Crypto Regulations
Popular cryptocurrency exchange Bybit announced it will be exiting the Canadian market, citing recent regulatory developments in the country as the reason behind its decision. The move follows similar decisions made by…
Binance responds to layoff rumors, denies 20% staff cut
Binance, the world’s largest crypto exchange by market capitalization, responded to rumors about the company cutting its staff by 20%. Source: BTCManager.com Original Post: Binance responds to layoff rumors, denies 20% staff…
Ethereum bulls rejected from $1915 again as…
On-chain metrics showed investors accumulated Ethereum since March, but the price action indicated that the market was yet to accept prices above the $1900 mark. Source: AMBcrypto Original Post: Ethereum bulls rejected…
XRP Breaks 2-Year Trendline: Is A 500x Surge On The Horizon?
XRP, one of the top cryptocurrencies by market capitalization, has been bullish since May 26th, outperforming most of the top 10 cryptocurrencies. This surge in price comes as investors have high expectations…
SBF wants to subpoena documents from old FTX/Alameda law firm to use in his defense
The prosecution and FTX debtors already have access to the documents, which concern 11 topics and may contain material favorable to SBF. Source: Cointelegraph.com Original Post: SBF wants to subpoena documents…
CRAZY Polygon MATIC WIN! Coinbase WARNING | MAJOR Ripple & Injective Crypto News
Source: YouTube: Altcoin Buzz Original Post: CRAZY Polygon MATIC WIN! Coinbase WARNING | MAJOR Ripple & Injective Crypto News
Microsoft’s CSO says AI will help humans flourish, cosigns doomsday letter anyway
Eric Horvitz penned a blog post lauding the transformative nature of AI on the same day he cosigned a document warning it could threaten humanity’s very existence. Source: Cointelegraph.com Original Post:…
Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit
The team is opening more cases in other jurisdictions and offering a roughly $800,000 bounty to the general public for information on the exploiter. Source: Coindesk Original Post: Jimbos Protocol to Work…
Pepecoin (PEPE) price action points to a potential 70% drop
A bearish chart pattern suggests that PEPE could shave off another 70% in value, especially if the wider market continues to trend down. Source: Cointelegraph.com Original Post: Pepecoin (PEPE) price action…
Avalanche Bridge To Ethereum Records A 70% Drop In Value Transfer, Concern For AVAX Price?
The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over…
AI and Bitcoin: This what the future holds for BTC
The AI craze is just beginning and adoption is about to go parabolic. This warrants a look at how Bitcoin might benefit the adoption of AI. Source: AMBcrypto Original Post: AI and…
Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China
“The number of crypto transactions associated with Chinese fentanyl brokers increased by 450% just last year alone,” said the Massachusetts senator, citing an Elliptic report. Source: Cointelegraph.com Original Post: Sen. Elizabeth…