Crypto-focused bank Silvergate Capital will cut about 200 jobs, or 40% of its total workforce, on Jan. 5 in an SEC (U.S. Securities and Exchange Commission) filing. clarified. The news sent the company’s stock price down 46% to around $11.76. The company also canceled plans to issue a digital currency and spent $196 million to […]
Indonesia Plans to Launch Cryptocurrency Exchange in 2023: Report To open its own virtual currency exchange Indonesia plans to launch its own cryptocurrency exchange this year. Bloomberg reported on the 4th. Even during the crypto bear market in the country, new investors continued to enter, although volumes declined. The number of cryptocurrency investors, which was
Binance to Deprecate 14 Currency Pairs ASTR, DOT Continue to abolish currency pairs Major crypto asset (virtual currency) exchange Binance announced on the 4th that it will stop trading some currency pairs. 8 pairs of ALPHA/BNB, ASTR/ETH, CELR/ETH, DAR/ETH, DOT/BIDR, FTM/BIDR, SAND/BIDR, SLP/BIDR from 12:00 JST on January 6th, from 16:00 on the same day
5 trends for cryptocurrencies and NFTs in 2023 = PwC report Coin PostMost read now in A.Yamada Reference: Report Virtual currency information 2023/01/04 10:30 Image used under license from Shutterstock 5 trends in the cryptocurrency market In December, Price Waterhouse Coopers (PwC), one of the world’s four largest accounting and consulting firms, released a report
Fed and others warn of risks cryptocurrencies pose to banks Risks pointed out in the background such as FTX bankruptcy Three U.S. authorities, including the U.S. Federal Reserve Board (FRB), issued a statement on the 3rd, calling attention to the risks crypto assets (virtual currencies) pose to banks. Along with the Fed, the U.S. Office
Cryptocurrencies have gained a lot of popularity in recent years, and many people are now looking to invest in them. With so many different cryptocurrencies available, it can be difficult to know which ones are worth investing in. In this article, we’ll take a look at the top three cryptocurrencies that you should consider investing
The crypto market has been in a state of flux in recent months, with the prices of major crypto coins falling significantly. One crypto coin that has been particularly hard hit is Cardano (ADA), which has seen its value drop significantly since its peak in January 2022. Cardano is a decentralized public blockchain and cryptocurrency
Since its launch in August 2020, Shiba Inu Coin (SHIB) has become one of the most talked about cryptocurrencies on the market. With its unique ‘dog-themed’ design and meme-based marketing, it has attracted a loyal fan base and gained a lot of attention from investors. But the question remains – can SHIB reach the magical
Shiba Inu (SHIB) is a meme-based cryptocurrency that has been around since 2020. It has seen tremendous growth in 2021, and investors are cautiously optimistic that it can repeat the same feat in 2022. But before investing in Shiba Inu, it’s important to understand the factors that impact its price, as well as the Shiba
Shiba Inu has had an eventful 2021. To simplify the latest SHIB price prediction, we have divided up the prediction by short term Shiba Inu price prediction and long term Shiba Inu price prediction. As of writing this article, SHIB had a trading volume of $310,899,955. Shiba Inu has gone down by -2.348% in the past 30 days. According to our analysis in the short term, Shiba Inu coin
Zenith, a decentralized lending protocol incubated by Gringotts Labs and powered by Cube Network, is finally listing its ZNT token on Capricorn, a decentralized exchange. What is Zenith? Zenith, also known as Zenith.Finance is Cube Network’s first lending protocol. The project aims to build a leading Web3 lending platform in the Cube Network ecosystem and
Huobi Incubator, the project incubation arm of Huobi Global, and its affiliated Web3Scholarship platform, today announced the kick-off of the Web3 Hackathon. The hackathon is hosted in conjunction with DoraHacks, a decentralized global developer community and open-source incentive platform, and Cube Network, an emerging Web3 blockchain. Huobi Incubator will distribute 50,000 USDT in grants to
