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In preparation for a sharp market decline, cryptocurrency exchange Banxa (BNXA) has slashed over 70 workers, according to a Monday article in the Australian Financial Review. According to AFR, the change represents 30% of the workers of the Melbourne-based business. When the cryptocurrency market reached all-time highs last year, the
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After crypto lending platform Celsius froze all withdrawals, swaps and transfers between accounts due to “extreme market conditions”, they may now be looking at filing for
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Just a few of the high-profile jumps from the “old world” into crypto: Sherice Torres, the former chief marketing officer of Meta Platforms, Facebook’s parent company, is now the CMO of payments company Circle. Brian Roberts hopped from Lyft, where he was the chief financial officer, to NFT (non-fungible token)
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin plummeted over the weekend below the ATH reached in 2017, at around $19,600. Coinglass, a trading and
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Despite the Nasdaq bouncing 0.21% yesterday and both the S&P 500 and Nasdaq futures showing gains this morning,
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Bitcoin is crashing again, temporarily plunging it to below $20,200 earlier today, as spooked traders have frantically been selling off the cryptocurrency before the US Federal
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was
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Tether Operations Limited (“Tether”), the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, will launch Tether tokens (“USDt”) on Tezos,
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock The total crypto market cap has dropped below $1 trillion for the first time since January 2021. After
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The company is the latest crypto firm to announce job cuts, including Gemini, Rain Financial and others. Original Source
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