Author: e_cash_top
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BTC maximalists up in arms after Casa adds ETH
[ad_1] Bitcoin maximalists reacted negatively to the news of Casa unveiling a new app with Ethereum support. The custodial service has been storing Bitcoin since it started, hence, BTC proponents feel betrayed by the move. Casa will unveil the new version in January 2023, where users will have the luxury to store both BTC and…
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XeggeX sets industry standards for exchange transparency
[ad_1] XeggeX Exchange Company in Europe XeggeX is a full service cryptocurrency exchange service of Dokdo Global which runs on some of the fastest servers in the industry and include comprehensive DDoS Mitigation to protect us and guarantee up-time stability. Learn More Info Twitter [ad_2] Source link
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Kraken to layoff 1,100 people to ‘adapt to current market conditions’
[ad_1] U.S.-based crypto exchange Kraken has announced laying off 1,100 staff members, equating to 30% of its workforce, as a response to weathering crypto winter. The blog post, signed by CEO Jesse Powell, expressed regret in arriving at this decision. However, Powell said it was necessary to “adapt to current market conditions.” Staff affected by the cut…
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Ethereum accumulation trend hits new highs following FTX implosion
[ad_1] Ethereum whales and sharks have been accumulating Ether (ETH) at a record rate since the FTX crash, Santiment reported on Nov. 30. 🐳🦈 #Ethereum‘s large key addresses have been growing in number since the #FTX debacle in early November. Pictured are the key moments where shark & whale addresses have accumulated & dumped. The…
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Dogecoin files 9% gain in tepid market rebound
[ad_1] The cryptocurrency market cap saw net inflows of $17.98 billion over the last 24 hours and currently stands at $837.18 billion from $819.2 billion -up 2.70% over the reporting period. Bitcoin and Ethereum’s market cap increased by 1.67% and 3.74% to $317.09 billion and $148.88 billion, respectively. The top 10 cryptocurrencies all posted gains…
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Bitcoin briefly trades above $17K as market rally continues
[ad_1] The cryptocurrency market cap saw net inflows of $15.72 billion over the last 24 hours and currently stands at $852.9 billion from $837.18 billion — up 1.89% over the reporting period. Bitcoin and Ethereum’s market cap increased by 2.32% and 4.17% to $324.54 billion and $155.13 billion, respectively. All top 10 cryptocurrencies posted gains…
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Binance re-enters Japan, controls over 75% of exchanges’ monthly trading volume
[ad_1] Binance has re-entered the Japanese market with its acquisition of Sakura Exchange BitCoin (SEBC), according to a Nov. 30 announcement. #Binance Acquires JFSA Registered Sakura Exchange BitCoin, Committed to Enter Japan Under Regulatory Compliancehttps://t.co/xfdnaY2hiO — CZ 🔶 Binance (@cz_binance) November 30, 2022 The Changpeng Zhao-led exchange revealed that it bought a 100% stake in…
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Exchanges dismiss rumors of insolvency amid rampant speculation
[ad_1] BlockFi became the latest platform to succumb to crypto contagion, filing for Chapter 11 bankruptcy on Nov. 28. Weeks before, after FTX had also filed for bankruptcy, BlockFi issued a statement saying it could not “operate business as usual.” At the same time, the firm implemented a pause on withdrawals to “protect our clients and…
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Animoca to launch $2B investment fund for metaverse
[ad_1] Animoca Brands CEO Yat Siu said the company is working on setting up a fund of up to $2 billion to invest in metaverse businesses, according to NikkeiAsia. Animoca Capital Siu said that the fund will be called Animoca Capital and has not raised money yet, but is aiming for an amount between $1…
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Brazil approves cryptocurrency bill recognizing Bitcoin as a payment method
[ad_1] Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country. Once passed into law, Brazilians can use Bitcoin as a payment method, while digital assets will be recognized as an investment asset class. Bitcoin as payment House bill 4401/21 aims to establish an agency…