Gemini’s Winklevoss Brothers Blame Crypto Winter for 10% Staff Cut
The Gemini Exchange has cut 10% of its workforce.The Winklevoss brothers said that it was because of recent market conditions.Other...
Ethereum News
Ethereum Rises Above $25 Billion Mark For All Time NFT Sales
Summary: The OG chain continues to lead the non fungible token pack.ETH’s blockchain crossed $25 billion in NFT sales for...
Terra Telegram “War Room” Chat Logs Reveal Sparks Community Discussion , With Some Logs Allegedly Missing
Chat logs from a Terra “war room” on Telegram have been publicized.The chat logs cover the confusion and uncertainty about...
Solana’s Price Dramatically Plummets After Its Recent Global Outage
Solana suffers another global outage that lasted nearly four and half hours. This is the second network outage that the blockchain...
A Harvard Lecturer, 2 Engineers from Microsoft and Google Cloud, Urge Crypto and Blockchain Crackdown
Quick take: A Harvard lecturer, a former Microsoft Engineer, and a principal engineer at Google Cloud have signed a letter...
USDT is Resilient and Has Undergone a Successful Stress Test With the Collapse of Terra, Says the Team at Tether
Quick take: The Tether team believes that USDT has proven to be resilient amidst the events surrounding UST’s collapse. USDT’s...
Tron’s Justin Sun Believes USDD Will Be the New Settlement Currency of Crypto, Cites Lessons from UST’s Collapse
Summary: Tron’s Justin Sun wants the new USDD stablecoin ‘to be the new settlement currency of crypto.’ He has stated...
Former OpenSea Employee Charged by the NY Department of Justice on Alleged Insider Trading of NFTs
Summary: The New York Department of Justice has announced that it will be charging a former OpenSea employee for alleged...
Top Bitcoin Mining CEO Sees the Crypto Bear Market Ending at the End of 2022
Summary: The founder and CEO of BTC.TOP mining, Jiang Zhuoer, has forecasted that the ongoing crypto bear market could end...
KuCoin Ventures into Web3 With the Launch of a Decentralized Wallet
Summary: The KuCoin crypto exchange has announced the launch of a decentralized wallet. The new KuCoin Wallet is designed to...
Optimism Community Members Propose Punishment For Airdrop Dumpers As Token Drops 60% After Listing
Summary: The OP token dumped over 60% shortly after listing across centralized exchanges on May 31.A few community members have...
Binance Labs Announces $500 Million Fund For Web3 And Blockchain Startups
Summary: CZ’s company plans to support builders through three key stages.The phases include the incubation period, early-stage growth, and late-stage...
Ethereum Layer 2 scaling Solution Optimism Airdrops Its Widely Anticipated OP Governance Token
Ethereum layer 2 solution Optimism has finally launched its OP tokenThe token was airdropped to 2,49,000 registered Ethereum wallets. Optimism,...
Russian Central Bank On Board With Using Crypto For Foreign Trade But Not Local Payments
Summary: The central bank of Russia is ready to accommodate foreign transactions completed with digital currencies.Using crypto within the local...
CoinShares CEO Declares the Company Lost $21M Due to UST’s Depeg, States it Was a Humbling Lesson
Summary: CoinShares has released its 2021 Financial Annual Report. In the report, CoinShares CEO has stated that the company suffered...
