Major crypto firms reportedly cut up to 10% of staff amid bear market
Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing…
Day: 2 June 2022
Pride in the Metaverse: Blockchain tech creates new opportunities for LGBTQ+ people
The Metaverse and NFTs are allowing people across the world to celebrate Pride Month in…
Coinbase chief legal officer responds to SEC disclosure FUD
Paul Grewal, the chief legal officer of Coinbase, highlighted that the funds of customers are…
Bitcoin touches $30K as ex-BitMEX CEO hopes $25K marks BTC price ‘local bottom’
Bitcoin bulls are not giving up without a fight in the current range, while data…
Mental health and crypto: How does volatility effect well-being?
Crypto addiction has become a new disease for investors: Who is affected, how to understand…
US energy company opens crypto mining facility in Middle East to use stranded natural gas
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with…
Investors’ perception of crypto is changing for the better: Economist survey
Investors see cryptocurrencies as increasingly useful as the portfolio diversifies, according to an Economist report…
Community fires back at anti-crypto letter sent to US lawmakers
Tech lawyer Preston Byrne blasted the signatories, describing some of them as “unapologetic attention seekers.”…
South Korean government becomes an early investor in metaverse
South Korea’s rising interest in nascent tech could prompt other nations to take up the…
Study: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries
India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn…
JPMorgan CEO Jamie Dimon Warns of Incoming Economic Hurricane — Says ‘You Better Brace Yourself’
JPMorgan CEO Jamie Dimon has warned that an economic “hurricane” is coming. “You better brace…
Bitcoin daily mining revenue slumped in May to eleven-month low
Bitcoin miners have had a tough month, with revenue and profitability tanking in May. Hash…
Taco tokens: Chipotle adds crypto payments via Flexa
Nearly 3,000 Chipotle restaurants across the U.S. will accept 98 cryptocurrencies as the Mexican-style fast…
Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi
The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies…