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The first federal chartered crypto financial provider Anchorage Digital has revealed plans to downsize the workforce. A report from the Anchorage management dated March 13 revealed that the firm would trim 20% of its workforce to survive the harsh macroeconomic impulses and…
Pantera Capital, a prominent hedge fund in the crypto space, states that a significant role will be played by decentralized finance (DeFi) in the upcoming bull run. Joey Krug, the chief investment officer of Pantera commented on this in the exclusive newsletter…
Crypto.com, a crypto wallet provider and exchange, has delisted Tether (the leading stablecoin) on its platform in Canada. The company recently sent an email to consumers living in Canada and notified them that it will not support the prominent stablecoin from the…
Though the markets are presently going through a hard correction, retailers who intend to embrace crypto payments are increasing in number. Subsequently, a steady rise is being witnessed in the overall volume of crypto buyouts carried out online in the sector of…
A class-action legal case proposes that a significant role has been played by Silvergate in the alleged scam that took place at FTX (the crypto exchange of Sam Bankman-Fried). The petitioners assert that the crypto bank has also been responsible for the…
The bond market is sometimes referred to as “smart money.” It gets this name because bond traders are usually the first to recognize certain elements of monetary or fiscal policy which may cause them to sell or buy bonds. Traditionally purchased or…
Robert Kiyosaki, the person who wrote the bestseller “Rich Dad Poor Dad,” has indicated aspects that can potentially pave the way toward an economic downfall in the future. Interestingly, with the mounting inflation as well as the elevating interest rates, the author…
As criticism grows, Gensler’s perspective on cryptocurrencies appears distorted. Upon entering the U. S. Gary Gensler, the chairman of the SEC, has frequently been mentioned as the prohibition tool of electronic possessions and the related sector. The Gensler has taken a very…
An Ireland-based financial services firm, Stripe, recently declared to introduce a project permitting fiat-to-crypto service to make payments convenient for businesses in the Web3 sector across several countries. The latest service offers a modifiable widget to be straightly integrated into a non-fungible…
Many local news outlets in India reported that the community of the country is taking less interest in its digital rupee. As reported by the Hindu Business, the currency does not show any distinction from internet-based banking, and the consumers were in…
If Tornado Cash had been left alone, Treasury authorities should have promoted the state safety measures more. More than just compromising national security interests is done by Tornado Cash. The need for safety and anonymity When someone first transfers a huge sum…
The former CEO of FTX was ordering calls for court legal proceedings and confounded the cryptocurrency users. The governmental contributions and strong relations with the political parties in the US made Bankman Freed one of the biggest crypto traders. But later all…
Visa, a worldwide provider of payment services, has expressed ambitions to start providing services related to digital wallets. The fintech company has submitted trademark applications to utilize its name in software to access, store and view NFTs and crypto assets. Visa Moves…
For a while, Bitcoin (BTC) has not been able to experience a bullish run. The trading price of Bitcoin has continued experiencing a downtrend and even the relief rally was not good enough to push its price. Despite the efforts, the bulls…
Rubic, a decentralized exchange (DEX) and a multi-chain swaps protocol has recently become a victim to an exploit. Rubic Reports an Exploit The decentralized exchange has confirmed it has fallen victim to an online exploit. Due to that, they have ended up…
In the past 24 hours, the trading price of Dogecoin (DOGE) has experienced a 4% dip. It happened after the reports started to come in about the Twitter account of Donald Trump being put back on. No matter how much people protest…
The cryptocurrency industry has proven to be very unstable ever since the beginning of 2022. Due to the market downfall, almost every major cryptocurrency is facing a bearish trend. During these difficult times, investors are looking for new ventures that are promising…
The value of the WEMIX Token (WEMIX) has taken a huge fall in the recent trading sessions and it is all because of its recent delisting. It has come as a huge shock to the entire WEMIX community that the cryptocurrency exchanges…
The FIFA World Cup 2022 – Qatar is turning out to be full of surprises for all football fans. The biggest surprise the FIFA World Cup has given to the fans is Argentina’s defeat against Saudi Arabia. ARG vs KSA One of…
On November 21, the government of Kenya introduced changes to the Kenyan Capital Markets Law. The Kenyan government’s approach is to make sure that the taxation on cryptocurrencies is streamlined. The Amendments The amendments suggest that any individual or entity that is…
