Category : Blockchain

Blockchain

Coinbase Says Goodbye to Over 60 Employees

Crypto exchange Coinbase Global Inc has announced a fresh job cut of over 60 from its recruiting and institutional onboarding teams. (Read More)

It is High Time to Rethink Holding Strategies as FTX Crisis Roams, Says Blockchain.com CEO

Speaking on CNBC’s “Closing Bell” Thursday, Blockchain.com CEO Peter Smith deemed the collapse of crypto exchange FTX as “a tragedy and total failure of governance.” (Read More)

Crypto Social Activities Hit ATH with Over 6.9 Billion Engagements amid FTX Crisis

The unfolding FTX saga has made social engagement, social mentions, and social contributions reach historic highs in the crypto market, according to social intelligence company LunarCrush. (Read More)

Bitcoin Gains Momentum Based on Positive CPI Numbers

After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin gained momentum based on positive consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statistics. (Read More)

BlockFi Suspends Withdrawals Following FTX Crisis

Crypto lender BlockFi announced on Twitter that they have suspended withdrawals and normal business operations due to the lack of clarity around the current status of FTX. (Read More)

Was the Secret Transfer of $4 Billion to Alameda, FTX's Undoing?

Reports have it that Sam Bankman-Fried funded Alameda Research with FTX customer deposits. Many believes this was the downfall of the firm (Read More)

Binance Publishes Details of Holdings in its Hot Wallet

Binance has posted a snapshot of its hot wallet reserve to lead the exchange's transparency push (Read More)

SEC Chair on FTX Collapse: Investors Need Better Protection

SEC Chair Gary Gensler says investors need more protection in the wake of FTX collapse (Read More)

Hodlnaut Held Up to $13M on FTX Prior to Withdrawal Halt

Bankrupt crypto lending firm Hodlnaut may have $13M locked in FTX (Read More)

Crypto Firm Bakkt Reports $1.5B in Impairment Losses in Q3

Bitcoin firm, Bakkt announced its Q3 performance report with a loss of $1.5B impairment loss (Read More)

Crypto Prime Broker Hidden Road Partners Urges Clients to Liquidate FTX Positions

Cryptocurrency prime broker Hidden Road Partners is expected to complete the liquidation of its FTX.com holdings tonight, according to Bloomberg. (Read More)

Proof-of-Reserves Becomes a Burning Issue amid FTX Crisis

With the liquidity issue being a primary contributor to the FTX crisis, the proof-of-reserves concept has engulfed the crypto sector with more exchanges gearing towards showing more transparency. (Read More)

Sequoia Capital's $213.5m Investments in FTX Marks Down to $0

Amid the liquidity crisis in FTX, Sequoia Capital announced to mark down its FTX investment to $0. (Read More)

The First Crypto Bank in Puerto Rico Rolls Out Digital-Asset Custody Service

FV (Fintech Ventures) Bank, a global financial entity registered in the U.S. territory of Puerto Rico, has launched a digital-asset custody service for seamless safeguarding and interoperability of crypto and fiat. (Read More)

Lionel Messi Becomes Sorare’s Brand Ambassador and Investor

Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. (Read More)

Indonesia Plans to Strengthen Security for Crypto Investments

The Financial Service Authority (OJK) of Indonesia will oversee the regulation, supervision and oversight of crypto investments to improve protection for investors, the Southeast Asian country's minister said on Thursday. (Read More)

HashKey Group Secures Licenses from Regulator to Operate Virtual Asset Trading Platform

Hong Kong-based digital assets company HashKey Group announced it has secured regulatory approval from the Securities and Futures Commission of Hong Kong (SEC) to operate a virtual asset trading platform. (Read More)

Binance Bails Out From FTX Takeover Deal

Binance on Twitter announced the crypto exchange has ended the acquisition plan because, among other reasons, FTX has mishandled customer funds. (Read More)

Thoma Bravo Contributes $70m for Blockchain Intelligence Firm TRM Labs

Private equity firm Thoma Bravo has contributed $70 million in funding to Blockchain-based intelligence company TRM Labs’s series B funding round, totalling the amount raised to $130 million. (Read More)

MetaMask Launches Bridge Aggregator, Enabling to Move Tokens across Blockchains

Popular self-custodial wallet MetaMask has now launched a bridge aggregator allowing users to bridge across multiple blockchain networks. (Read More)

Billions of Dollars Exit Exchanges as Investors Scuttle Towards Safety

Investors are withdrawing their funds from exchanges amid the FTX implosion (Read More)

Crypto Market Cap Slumps Below $900B for the First Time Since Jan 2021

The downfall of FTX has stirred a slump in the combined crypto market cap below $900B (Read More)

Digital Assets Outfit Archax Raises $28M in Series A Funding Round

FCA-approved Archax Exchanges raises $28M in Series A (Read More)

Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse

Meta Platforms has cut 11,000 jobs but is still committed to its metaverse pursuits (Read More)

Japanese Mobile Operator Partners with Accenture to Boost ESG Using Web3

NTT DOCOMO, the leading mobile operator in Japan, has collaborated with Accenture to propel the application and adoption of Web3 when tackling social issues. (Read More)

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