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Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September 1st, this being the second round of
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Thailand’s financial regulator, the Securities and Exchange Commission (SEC), has approved four more crypto companies in the Kingdom.On Aug. 4, it was reported in local media that the SEC had granted operating licenses to four more digital asset operators.These include Krungthai XSpring, a crypto broker affiliated with one of the
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Proposer-builder separation is one way Ethereum is implementing modular decentralization Source
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First Mover Asia: Speculating on Tokenized Carbon Offsets Won't Help Climate Crisis, Says Consultant; BTC Falls Under $19K Amid Wider Crypto Woes Original Source
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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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U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading. Source
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In the meantime, the focus has shifted away from the Ethereum network itself to layer 2 systems like “rollups,” which scale the Ethereum network off-chain while borrowing its essential security guarantees. An entire layer 2 industry has popped up to scale, or increase capacity on, Ethereum, with leading products such
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According to Jeff Dorman at crypto asset management firm Arca, the chaos may have already increased short pressure rather than easing it. Institutions and hedge funds uninterested in holding WAVES on its merits, he says, “are all probably scrambling right now to find a WAVES holder to get a borrow
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Russia continued to pound the Ukraine capital Kyiv and other major cities, which faced humanitarian crises the likes of which have not been seen in Europe for decades. On Tuesday, the U.K. removed Russia from its most favored trade status. Most favored trade status, a principle established by the World
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“Infura closely monitors changes to U.S. sanctions programs announced by the Office of Foreign Assets Control and narrowly tailors its internal controls to comply with the law,” a ConsenSys spokesperson told CoinDesk via email. “Currently, those regions are Iran, North Korea, Cuba, Syria, and the Crimea, Donetsk, and Luhansk regions
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