Category: Crypto

Layoffs proceed to unfold throughout the crypto job market amid macroeconomic volatility and bearish market sentiments, however there are nonetheless loads of startups seeking to rent contemporary expertise. Crypto corporations like Coinbase and Crypto.com have reduce staff in latest weeks, which has elevated the expertise pool and been “instrumental” for startups seeking to construct expertise […]

To get a roundup of TechCrunch’s largest and most necessary crypto tales delivered to your inbox each Thursday at 12 p.m. PT, subscribe here. Welcome again to Chain Response. This month was full of bulletins from main crypto corporations that had been shedding staff. After all, this “development” just isn’t restricted to this trade — […]

Two high Solana NFT initiatives, DeGods and y00ts, have introduced they’re leaving the blockchain in 2023, which is stirring up conflicting sentiments within the crypto group. Over the weekend, DeGods announced on Twitter that will probably be migrating to Ethereum, whereas its sister undertaking y00ts might be shifting to Polygon early subsequent yr, the groups […]

We’re excited to announce two extra early-stage startups collaborating within the Cross Chain Coalition Web3 Demo Day on January 11. When you haven’t heard, this free on-line showcase options greater than 12 of at present’s most enjoyable initiatives constructing web3 infrastructure, DeFi, NFT and gaming purposes. Register today and be part of us as every […]

Galaxy Digital has agreed to accumulate Argo Blockchain’s bitcoin mining facility Helios for $65 million, the 2 corporations introduced Wednesday. The deal additionally contains Galaxy buying “associated operations” from Argo Blockchain. Galaxy may even present Argo with a $35 million mortgage as the corporate restructures, secured by a collateral package deal with Argo mining gear. […]

In 2022, the crypto group rose to new heights — after which it crashed. We famous this as early as June 2022, earlier than the FTX fiasco (which we’re utilizing because the catchall time period for the crash, alleged fraud, bankruptcy, congressional hearing, Sam Bankman-Fried‘s arrest in the Bahamas, the decision for his extradition, and […]

India stated on Thursday that below its ongoing G20 presidency, it would prioritize the event of a framework for world regulation of unbacked crypto belongings, stablecoins and decentralized finance and can discover the “risk of [their] prohibition” in a probably massive setback for the nascent business. India started its year-long presidency of the Group 20 […]

Because of a months-long shakeout, the crypto market skilled one of the drastic drawdowns in its historical past in 2022. However questions are arising about when (if?) main cryptocurrencies will get well. The worldwide crypto market capitalization, which makes up the full worth of all crypto belongings (together with stablecoins and tokens), has fallen roughly […]

Final week, Solana (SOL) fell to its lowest stage since February 2021. However its value has risen over 12% previously 24 hours on Tuesday after nearly 9 days of consecutive losses that introduced its value to round $8 on Friday. Amid Solana’s motion, the 2 largest cryptocurrencies by market cap — Bitcoin and Ethereum — each […]

FTX founder and former CEO Sam Bankman-Fried plead not responsible to all eight counts of U.S. prison costs on Tuesday. Bankman-Fried appeared earlier than a decide within the U.S. District Court docket in New York Metropolis on Tuesday along with his attorneys, Mark Cohen and Christian Everdell. Legal costs towards the 30-year-old former billionaire embody […]