Coinbase Slows Down Its Hiring Spree Due To Bad Market Conditions
The platform’s COO shared an update with employees and the public Coinbase initially planned to triple the company’s size before...
Ethereum News
USTs Depegging, Crypto Market Meltdown Signals Institutions to Pour in $274m into Digital Asset Investment Products in One Week
Quick summary: According to CoinShares, digital asset investment products saw record weekly inflows of $274 million last week Bitcoin also...
Do Kwon Proposes Forking Terra into a New Chain Without Stablecoins, Both New and Old Chains to Coexist
Quick summary: Terra’s Do Kwon has emerged with a new proposal to fix the Terra blockchain and make UST investors...
Tron’s Justin Sun Commits $10m in USDD to Assist Smallholders Hardest Hit by UST’s Depegging
Quick summary: Tron’s Justin Sun has offered to set aside $10 million in USDD to assist the average UST investor...
VeChain (VET) Offers Terra Developers Grants of Up to $30k to Migrate to its Blockchain
Quick takeaways: The team at VeChain (VET) has invited Terra developers to start building on its blockchain VeChain (VET) has...
FTX CEO Responds To Bitcoin Comments That Sparked Crypto Community Backlash
SBF said that Bitcoin doesn’t work as a payment network The comments drew scrutiny from major crypto proponents and other...
El Salvador Set To Host 44 Nations To Discuss Bitcoin And Its Future Prospects
El Salvador’s president Nayib Bukele has announced that 44 nations are coming together in El Salvador to discuss Bitcoin. Apart...
LUNA and UST Communities Become Targets of Scams Promising Refunds On Their Terra Investments
Summary: LUNA and UST investors are being targetted by scammers claiming to issue refunds on their investments One scammer has...
Goldman Sachs, Barclays Bank invest in London Based Bitcoin and Crypto Trading Platform of Elwood Technologies
Summary: Goldman Sachs and Barclays Bank have invested in Elwood Technologies The two banks made the investment during a funding...
Bitcoin’s Bottom May be at $17k or Even Lower at $11k – Rich Dad Poor Dad Author
Summary: Robert Kiyosaki has forecasted that Bitcoin might find a bottom at $17k or $11k Mr. Kiyosaki also said that...
CZ Debunks Rumors that Binance Invested $300m in Terra (LUNA)
Summary: CZ has clarified via Twitter that Binance did not invest $300 million in Terra (LUNA) He was responding to...
Binance CEO Does Not Think Forking Terra is the Solution to LUNA and UST’s Woes
Summary: CZ has expressed concerns over a proposal to fork the Terra chain to create new LUNA and UST digital...
Singaporean LUNA and UST Investor Reportedly Files a Police Report Against Terra’s Do Kwon
Summary: A user on Reddit claims that he has filed a police report on behalf of 1,000 Singaporeans against Terra’s...
LUNA, UST Meltdown Forces VanEck and 21Shares to Suspend Trading of 2 Terra ETPs
Summary: The downward spiral by Terra (LUNA) and TerraUSD (UST) has resulted in VanEck and 21Shares suspending the trading of...
Circle’s USDC Stablecoin Reserves are 77.1% in US Treasuries and 22.9% in Cash
Summary: USDC’s reserves are 77.1% ($39 billion) in US Treasuries and 22.9% in Cash ($11.6 billion) The reserves are worth...
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