More web3 startup crashes in 2023 ~ Tech investor.
Fred Wilson, tech investor and co-founder of Union Square Ventures, reveals his outlook for 2023. While he thinks web3 startups will still struggle, he’s bullish on ETH projects. In his…
Binance collaborate With Ukrainian Pharmacies to accept Crypto Payments
The Ukrainian ANC Pharmacy enables crypto settlements via Binance Pay. One of the largest pharmacy chains in Ukraine – ANC Pharmacy – joined forces with Binance to enable customers to…
Coinbase back to pre-IPO valuation as market cap drops below $8 Billion.
Coinbase, one of the most popular cryptocurrency exchanges in the world, has returned to a valuation last seen in 2018, prior to its initial public offering (IPO). Coinbase returns to…
3AC Co-Founder Zhu Su Accuses DCG of Being Criminally Fraudulent
The founder of the hedge fund Three Arrows Capital which went bust last year has leveled fresh allegations against Digital Currency Group. Three Arrows Capital (3AC), a Singapore-based crypto hedge…
Revenue of Bitcoin Miners drops to $9.55 Billion last year.
The problem worsened when the value of Bitcoin and other cryptocurrencies fell.According to statistics, bitcoin miners earned about $15 billion in 2021.Crypto miners were at risk due to the lengthy…
SushiSwap halts Lending Protocol and Token Launchpad
CTO Matthew Lilley tweeted that Kashi had a lot of design issues. Lilley stated that the “breadwinner” of the organization is the exchange side. SushiSwap, a decentralized finance (DeFi) platform…
Ex Chair of Bithumb Exchange Acquitted in $70M Fraud Case
The issue has been going on since October of last year.Bithumb’s biggest shareholder CEO Park Mo was discovered dead on Dec 30th.On January 3, 2023, the 34th Division of the…
After major server failure Alibaba group rotate Job Positions of its executives
A system of frequent executive rotation was put in place by Alibaba’s former CEO, Jack Ma, before he handed the reins over to Daniel Zhang. Ma hoped that the system…
DeFi Protocol Lido Reaches $5.9 Billion in TVL Displacing MakerDAO
Lido Finance has overtaken MakerDAO as the biggest DeFi protocol in the market, with $5.9 billion locked on the staking platform.Leading decentralized lending protocol MakerDAO has lost its dominance in…
Binance Target South Korean Business Environment Via Purchase of Gopax Exchange.
The purchase announcement was originally scheduled for Christmas but was postponed. Binance left South Korea in January 2021.On Monday, Binance, the biggest cryptocurrency exchange in the world, finished its due…