Ava Labs, a crypto startup and the leading developer of the Avalanche blockchain has laid off 12% of its workforce amid the persistent bear market. The company’s founder and CEO, Emir Gün Sirer, confirmed the job cuts on X, stating that the move would allow the management to reallocate resources to the growth of the...Read More
Coinbase, America’s largest cryptocurrency exchange, announced its plans to end support for Bitcoin SV (BSV) on its platform. This decision comes more than two years after the exchange initially delisted BSV from trading. Coinbase Sets Deadline for BSV Withdrawals According to the announcement, Coinbase will cease to support the BSV asset as of early next...Read More
South Korea’s largest wireless carrier – SK Telecom – has announced signing a tripartite agreement with Aptos Labs and Atomrigs Labs. The latter serves as its technology partner. According to the official announcement on the LinkedIn post, the strategic partnership is expected to enhance SK Telecom’s affiliations with customer-preferred mainnets and decentralized applications(dApps). The focus...Read More
Microsoft-backed OpenAI has just announced the launch of GPT-4 Turbo and its innovative GPT store, marking the debut of its most advanced artificial intelligence technology. OpenAI’s Chief Executive Officer, Sam Altman, shared these exciting updates during the AI lab’s inaugural developer conference. OpenAI Unveils GPT-4 Turbo In a Monday public address, OpenAI CEO Sam Altman...Read More
[PRESS RELEASE – Alpharetta, USA, November 7th, 2023] “Just like there’s a possibility and time for loss, there’s always time for recovery” – Jenny Brown, head of the Recovery Technical Team at BCA. Broker Complaint Alert (BCA) Celebrates 3 Remarkable Years of Helping Victims of Crypto Scams Recover Their Lost Crypto. Broker Complaint Alert (BCA)...Read More
In a recent revelation, a dormant Ethereum wallet holding $470 million worth of ETH has been linked to Rain Lõhmus, the founder of Estonia-based LHV Bank. However, Lõhmus has lost the private keys to this wallet, and he’s now seeking the help of the crypto community to regain access. LHV Bank Founder Rain Lõhmus Identified...Read More
In recent days, the struggle to breach the $35,000 level has proved challenging for Bitcoin, with bearish positions gaining an advantage in the ongoing battle between buyers and sellers. Currently, Bitcoin’s price is experiencing a consolidation phase below the $35K benchmark. Amidst this consolidation, there is growing concern over possible market manipulation, with suspicions that...Read More
The price of XRP (XRP) has surged in the past week since November 1, gaining 18% and pushing it closer to flipping Binance Coin (BNB) in the market cap rankings. If this rally continues, XRP could cement itself as the world’s third-largest cryptocurrency (excluding stablecoins), behind Bitcoin and Ethereum. With XRP’s prospects looking positive, some...Read More
The investment firm Proof Group is said to be among the bidders expressing interest in revitalizing the bankrupt crypto exchange FTX, as per two individuals familiar with the situation. Notably, the bankrupt exchange has received numerous bids for a potential restart, and it has now been narrowed down to a shortlist of three, according to...Read More
United States-based cryptocurrency exchange Kraken is mulling launching its own layer-2 network, CoinDesk reported, citing people familiar with the matter. According to the report, the crypto exchange is considering using the technology of several blockchain firms, including Polygon Labs, Matter Labs, and Nil Foundation, as the base for the new network. Kraken Considers Launching Layer-2...Read More
The Ordinals (ORDI) token experienced more than 50% price increase within the past day following its listing on the Binance under the “seed” label on November 7th. ORDI – which is tied to Bitcoin Ordinals – surged from $7.5 to $11.6 on the day as the crypto exchange announced opening trading for new spot trading...Read More
[PRESS RELEASE – Singapore, Singapore, November 7th, 2023] The Testnet boosts Aethir’s Decentralised Cloud Infrastructure (DCI), enabling a seamless integration with its cloud game portals and establishing tokenomics to foster industry-wide innovation. Developers and users can try out Aethir’s Testnet and provide feedback on the Testnet Discord channel. Developers can get more information from Aethir’s...Read More
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend. Dwindling sales and low volume raised doubts about the sustainability of NFTs. However, the market appears to be slowly making a comeback. The latest data indicates that the NFT industry has witnessed a consistent rise in...Read More
This is a guest post, written by BitMEX_Pez Over the past week, I’ve been investigating how feasible it is to be paid in Bitcoin. In the past, I declined the opportunity, as more than half of my salary goes towards fixed costs in fiat terms such as my rent, mortgage, and school fees. However, with...Read More
A new listing – SNTUSDT – featuring SNT – the native token of the Status blockchain is now live on BitMEX, and with up to 10x leverage. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens...Read More
Over the past year, major crypto platforms have been losing C-suite members either to other firms or to other markets entirely. Kraken, Coinbase, Binance, and even FTX, prior to its crash, all saw executives leave for some reason or other over the past year. However, this is Gemini’s second high-level departure – Noah Perlman, Gemini’s...Read More
The next 6-18 months will be fascinating – ETF approval, April Halving, Recession to QE progression, and the continued destruction of the bond market will be a make-or-break moment for many crypto assets, especially for Bitcoin. The market is booming with full of unseen action. Surprisingly, the recent crypto market surge has seen altcoins and...Read More
The decentralized autonomous organization (DAO) of Ethereum-based layer-2 scaling solution Arbitrum has passed a proposal enabling users to stake the network’s native token, ARB, in exchange for rewards. The proposal was released on October 30, and voting was concluded on November 6, with 66% of ARB holders voting in favor of the proposal and 33%...Read More
