Ukraine-based blockchain firm announces ‘we are still hiring’ amid market downturn, war
Sergey Vasylchuk, CEO of Ukraine-based decentralized strike provider Everstake, said the company would continue to hire crypto-professionals amid a market downturn and ongoing conflict in the country. In a Wednesday…
‘Buy Bitcoin, plant a tree, lower your time preference’: A Sequoia story
When the market falls faster than a tree in the forest, the phrases “zoom out” and “lower your time preference,” take root. “Zoom out” refers to a break from the…
True Global Ventures doubles on Web3 with a $ 146 million follow-up fund
The venture capital firm True Global Ventures 4 Plus (TGV4 Plus) has announced the closing of a $ 146 million funding round earmarked for a wide range of Web3 projects…
Total supply of stablecoins fell sharply for the first time ever in Q2
The total supply of stablecoins saw its sharpest decline in history during the second quarter of 2022, with stablecoin redemptions increasing due to “short-term liquidity and insolvency concerns that were…
Fidelity exec says BTC undervalues and oversold
Jurrien Timmer, Fidelity’s director of global macro, argued that Bitcoin (BTC) could be “cheaper than it looks”, which on Tuesday underscored evidence that the cryptocurrency could be both undervalued and…
Korean exchanges agree on emergency system in case of Terra-style collapse
Korea’s leading exchanges have agreed to form a new emergency system that will take effect within 24 hours if another Terra – style collapse threatens to happen. Under the new…
BitBoy founder threatens class action lawsuit against Celsius
only two weeks later appears in a ask me anything (AMA) with Celsius founder Alex Mashinsky, crypto-youtuber Ben Armstrong has announced plans to file a class action lawsuit against the…
71% of high net worth individuals invested in digital assets: Survey
High net worth individuals (HNWI) embraced cryptocurrencies and other digital assets, with 71% of wealthy individuals investing in digital assets according to a new survey. Technology consulting firm Capgemini has…
Yahoo Launches Metaverse Opportunities for Hong Kong Residents Under Restrictions
Yahoo announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region. Yahoo, a US-based internet media…
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
Benjamin Delo, the co-founder of the cryptocurrency exchange BitMEX, was sentenced to 30 months probation for violating the Bank Secrecy Act (BSA), which is a law against money laundering. The…
Ethereum at $ 1020, will it drop below $ 1000 soon?
Ethereum has dropped by more than 8% over the past 24 hours as the crypto-bloodbath continues. Bears are in control of the market as the currency steps very close to…
Bitcoin amid relentless selling; Is this now a $ 13,000 target?
Bitcoin has had a continuing downturn after losing nearly 33% over the past seven days. In the last 24 hours, BTC has lost almost 6% and is moving to its…