FTX makes Plann To Buy Stake in Crypto Lending Firm BlockFi
The total sum being discussed has not been made public yet.The company sold its stake in 3AC and reduced 20% of its personnel this month.Wall Street Journal reports that well-known…
CoinFLEX Exchange suspend Withdrawal stating difficulty in Market Conditions
More than $500 million to $1.5 billion was traded in the last 24 hours. FLEX Coin, will be suspended in addition to the suspension of withdrawals. CoinFLEX, a cryptocurrency exchange,…
Cardano Founder Appears Before U.S. Congress
Hoskinson outlined the regulatory framework he envisioned for the sector.According to Hoskinson, no other financial asset is as open and accessible as crypto.Cardano’s Charles Hoskinson has made it to the…
Bitcoin Try $21K as Ripple pumps 14% in 24 Hours.
XRP has surged by double-digits in a day. Other alts – such as AVAX, OKB, ATOM, and NEAR have seen impressive gains as well. BTC is close to $20K. Following…
Do Kwon is now Devastated After LUNA Crash
In a recent interview, Terra co-founder Do Kwon expressed his “devastation” in the LUNA collapse which made thousands of investors impacted by the crash. The Terra (LUNA) collapsed more than…
Crypto acceptance Would Be Dead Without Decentralized Exchanges (DEXs)
Bitcoin (BTC) was difficult to acquire or sell in the early years of its existence because of a lack of choices accessible in the sector. To make BTC trades, customers…
Phishing Websites rake $128M Jackpot in Indian Market
Indian traders have lost around ₹1000 crores to phishing exchange sites. A panel meeting is planned with the financial authorities of the nation next week. The buying trend presently prevailing…
Shopify launches ‘Tokengate’ Utilizing NFTs to Promote Sales
Known as “tokengate,” the project has an early-access beta version accessible.To buy NFTs, neither the vendor nor the buyer has to use crypto. Shopify’s new connect-to-consumer efforts will let merchants…
Coinbase apply New Strategy Reduces Influencers PayOut
Payment for two social media influencers has been decreased by more than 90%Workforce cut off by 30% and salary for existing reduced around 50%Advertising in social media has become mainstream…
Uniswap bought NFT Marketplace Aggregator Genie Bucking Market Trend
Uniswap announced that it would be airdropping USDC to Genie customers. DappRadar reports USD volume of NFT purchases has plummeted by almost 66%. On June 21st, Uniswap announced that it…