Coinbase Investors Cheer 6% Stock Surge Following 950 Job Cut Announcement
Coinbase announced plans to cut around 950 jobs.The decision to restructure is due to “ongoing market conditions impacting the crypto...
Ethereum
FTX’s Former Lead Engineer Nishad Singh Eyes Deal With SDNY Prosecutors
Summary: Nishad Singh met with U.S. federal prosecutors to discuss a cooperation deal last week, Bloomberg reported.The ex-chief coder at...
Hong Kong’s Crypto Ambitions Remain Undeterred Despite Industry Downturn
Hong Kong remains undeterred in its ambition to establish itself as a crypto hub, despite the prolonged bear market. The local...
CFTC Files Charges Against Mango Markets Exploiter Avraham Eisenberg
The U.S. CFTC has filed manipulation charges against Avraham Eisenberg.In October 2022, Eisenberg exploited Mango Markets to the tune of...
Huobi Korea Set To Breakoff From Parent Entity: Report
Summary: The Korean division plans to operate on its own and separate from Huobi Global, the parent company of the...
Former FTX US President Teases Insider Info On SBF’s Bankrupt Crypto Exchange
Summary: Brett Harrison said he will share what he knows about the defunct crypto exchange “in time”.Harrison resigned from FTX...
OpenSea Integrates with Arbitrum Nova to Provide Low-Cost Data Availability for NFTs
OpenSea, a leading marketplace for digital collectibles and non-fungible tokens (NFTs), has announced support for Arbitrum Nova, a Layer 2...
Ethereum’s Shanghai Upgrade Brings Heat To Liquid Staking Derivatives (LSD) with LDO Seeing 71% Increase In Value
The Shanghai upgrade of the Ethereum network, set to launch in March, will allow users to withdraw their ether (ETH)...
NFT Marketplace SuperRare Downsizes 30% of Staff Due to Extended Crypto Winter
SuperRare, a non-fungible token (NFT) marketplace, has laid off 30% of its staff due to the prolonged crypto winter.CEO John...
Getting Started With DeFI
Decentralized finance, or DeFi for short, refers to a growing movement in the world of cryptocurrency and blockchain technology that...
Justin Sun Transfers $100 Million Into Huobi Amid Insolvency Rumors
A wallet associated with Justin Sun has transferred more than $100 million into crypto exchange Huobi.The funds originated from Just...
Cathie Wood’s Ark Invest Demonstrates Confidence in Coinbase with Another $5.8 Million Share Purchase
Ark Invest, a firm founded by Cathie Wood, has purchased $5.8 million worth of Coinbase sharesThe purchases were made by...
Fidelity Writes Down Value of Twitter Investment By More Than 50% Following Elon Musk Takeover
Fidelity has written down the value of its initial investment in Twitter following its support of Elon Musk’s takeover of...
Mt. Gox Repayment Deadlines Postponed Till September 2023
Summary: The defunct exchange received court permission to extend repayment deadlines by two months each.The latest update will allow users...
Critical Vulnerability on Polkadot Parachains Discovered, $200 Million at Risk
A security researcher discovered a potential vulnerability that could have resulted in the theft of up to $200 million from...
