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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Digital Currency Group (DCG) is laying off staff as the company tries to ensure that its expenses-to-profit ratio looks better for potential acquirers. DCG — the owner of CryptoX — is cutting the publication’s editorial team by
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“My philosophy has been ‘meet artists with where they're at,’” said Greenstein, discussing onboarding new creators to Web3. “Ultimately, once they get their music collected and get paid out instantly, that's the dopamine effect that goes ‘whoa, I just returned 100% of my revenue, this company didn't take anything from
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Share prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome Powell calling the banking sector “sound” and “resilient" just hours before.One such regional bank, PacWest Bancorp, fell a whopping 52.5% in after-hours trading after Bloomberg reported that the bank would explore strategic
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The U.S. Federal Reserve, in conjunction with the Federal Open Market Committee (FOMC), announced on Wednesday that the central bank would raise the federal funds rate by 25 basis points (bps), as was widely expected by the market. This marks the tenth consecutive occasion in which the Fed has raised
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press release PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan covering all trading activities, guiding investors to execute their target trades. In the world of crypto, a trading strategy refers to a predetermined plan or trading behavior designed to help investors profit from buying
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Paxos "violated its obligation to conduct tailored, periodic risk assessments and due diligence refreshes of Binance and Paxos-issued BUSD customers to prevent bad actors from using the platform," a spokesman with the regulator told Reuters, saying the token wasn’t being administered in a “safe and sound” manner. Source
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Bankrupt crypto brokerage Voyager Digital filed documents in United States court Jan. 8 in response to objections raised to the Binance US proposal to buy out its debt. Voyager announced it had approved the offer Dec. 19. The Securities and Exchange Commission (SEC), four states, the U.S. Trustee and Alameda
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Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only 4,790.45 ether has been minted since
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A proper definition of sound or hard money is admittedly nebulous. A commonly accepted definition is this: a currency that serves as a reliable and stable store of value. By extension, sound money should preserve its purchasing power. If $1 gets me a milkshake today, it should get me a
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Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following
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