Cryptocurrency Analysis and News Portal
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with the global economy projected to grow by 1.7% in
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UK crypto app Tap Global has become the first 2023 listing on the Aquis Stock Exchange (AQSE), according to a press release from the company. The listing was accomplished through a reverse takeover by Quetzal Capital, according to a press release on Jan. 10.The first #AQSE listing this year. Thank
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The company’s vice president of trust and safety, Ella Irwin, told reporters that Twitter made some cuts in the trust and safety team on Friday night due to low volume growth.Social media giant Twitter has reportedly cut more staff overseeing global content moderation in a move to stabilize its business
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Binance has become one of the first crypto firms to join the Association of Certified Sanctions Specialists, ACSS, in an effort to stay in compliance with global sanctions.In a Jan. 6 announcement, Binance said its team of sanctions compliance personnel would be undergoing training as part of the certification process
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Genesis conducted the latest staff cut after the company informed clients about “reducing costs and driving efficiencies” amid challenging times for many crypto firms.With fingers crossed on what the crypto economy is this year, Genesis Global Trading recently dismissed more staff. This came after the company laid off 20% of
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DCG once appeared to be untouchable but may fast be losing its stability.Digital Currency Group (DCG) has announced that it is shutting down operations at its wealth management division HQ. According to a report by The Information, DCG is taking such a drastic step due to the prevalent economic situation
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BlackRock is now providing Bitcoin exposure to the ordinary and passive investors of its Global Allocation Fund. Globally-renowned asset manager BlackRock (NYSE: BLK) has added Bitcoin (BTC) to its global allocation fund. Reports state that ordinary and passive investors can now gain BTC exposure via the BlackRock Global Allocation Fund. The highly coveted
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Samsung has had a relatively tough year, one that has seeped into its stock performance.South Korean multinational tech giant Samsung Electronics Co Ltd (KRX: 005930) is set to report a significant slump in its fourth quarter (Q4) operating profit amid a broader plunge in the global economy. According to a
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The fundamental aspects of Bitcoin (BTC) continue to power global financial inclusion, financial privacy and autonomy in conflict-affected nations despite difficult macroeconomic and cryptocurrency market conditions over the past year.These are the key takeaways of an in-depth interview with Prince Philip of Serbia and Yugoslavia conducted by Cryptox Brasil’s Cassio
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Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. In addition, the three users assert that all transactions “constituted unregistered sales of securities” and therefore must be rescinded. ‘A Sham Transaction’ A demand
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