As this cryptocurrency exchange-turned-investment platform attempts to weather a bout of market volatility and declining asset values, it is laying off nearly a third of its workers. As a part of cost-cutting measures announced in response to the shaky market climate, Peter Thiel-backed Bitpanda GmbH would trim headcount from over 1,000 to roughly 730. The […]
Belarus clamp down on millions dollars in crypto
In Belarus, the government has received help from various companies with the aim of seizing cryptocurrencies. Now, authorities in that country have mastered the art of seizing crypto, resulting in the seizure of millions of dollars in crypto. in the month of March, the Belarusian government indicated that it would love to follow China’s example.
4 takeaways from recent crypto crash
Here are four things for crypto markets after the crash. 1, There’s panic among crypto investors till the 23rd of May 2022 2. Now, stablecoins stability scams have been exposed. We now know that they too can crash 3. Investors of crypto have experienced a meltdown and they don’t see a way out soon 4. […]
Nigeria’s crypto experts congratulate new SEC regulation on digital assets
The Security & Exchange Commission (SEC) just released its statement on regulating the digital virtual assets like Bitcoin and NFTs. The document is titled: New Rules on Issuance, Offering Platforms, and Custody of Digital Assets… Experts in the industry are saying they believe that SEC’s latest move is the best, seeing the industry is extremely […]
Central Bank of Chile considers CBDC issuance
The bank is studying how to issue a national digital currency called the digital peso. The bank has issued a report to this effect. The report explores the possibility of the creation of a central bank digital currency (CBDC) in the future. Experts are also studying the mechanism it may use, and how it will […]
Top crypto movers 17th May 2022
Top Movers – Crypto.com https://crypto.com/price 51 rows · Explore top cryptocurrencies with Crypto.com, where you can find real-time price, … # NAME PRICE 24H CHANGE 1 B Bitcoin BTC $36,102.36 $36,102.36 -0.09% -0.09% 2 E Ethereum ETH $2,690.42 $2,690.42 -1.38% -1.38% 3 U Tether USDT $1.01 $1.01 -0.00% -0.00% 4 B BNB BNB $377.90 $377.90 +1.15% […]
Crypto crash: Dogecoin prepares for recovery
Elon Musk said that Dogecoin can actually become a currency… Today, it is clear that Dogecoin is making its way back to recovery. meanwhile the CEO of Tesla, Elon Musk has uttered many positive reviews on the cryptocurrency. Musk was replying to the Dogecoin founder’s tweet when he said that the crypto can become a […]
Ethereum harshrate perform better during Bitcoin crash week
Bitcoin has had a bad time these two weeks but investors have had a good run with Ethereum harshrate that has performed better among its peers. Ethereum tapped an all-time high on the 13th of May. The reason appears to be that cryptocurrency miners continued to dedicate large quantities of processing power toward the Ether. […]
Matt Damon receives backlash from social media users for crashing crypto
The crypto world has received massive shock this and past week. Investors lost about $200 billion dollars. Who’s to blame? Social media users are claiming that Matt Damon who appeared on an ad on crypto.com is primarily responsible for this massive crypto crash. Though there are other celebs advertising crypto but it is that of […]
Will you get rich by investing in crypto?
Cryptocurrencies are facing a hard time these days but some young investors believe it is still a good way to invest. Do you think so? For most successful investors, they succeed because they have risk tolerance. For those that have lost a ton of money, it’s a different story. Can one invest in crypto at […]