CoinDCX, a top Indian cryptocurrency exchange, is slashing 12% of its staff as a prolonged bear market and the nation’s tax policies impact revenue. Founded in 2018 by Neeraj Khandelwal and Sumit Gupt...
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Thailand seeks to block access to Facebook, citing crypto scams
Thailand is threatening to shut down Meta’s Facebook in the country due to scams. The Ministry of Digital Economy and Society posted the alert on Monday, claiming that over 200,000 people had been imp...
CoinDCX Reduces Workforce By 12% Amid Crypto Trading Slump In India
Indian crypto exchange, CoinDCX, finds itself in trouble, announcing a notable reduction in its staff by 12% this week. The decision comes after a stark decline in virtual currency trading revenues, e...
Everlodge Projected to Emerge as the New Giant Over Crypto Majors
Advertisement     The cryptocurrency world is constantly evolving, and new players are continuously emerging. One such player that has recently caught the eye of many is Everlodge (ELD...
Friend.tech Is Crypto’s Latest Obsession—But Critics Say It Won’t End Well
Decentralized social media app Friend.tech has exploded in popularity. Part crypto trading, part Rally, with wisps of Klout and Empire Avenue mixed in, the former Stealcam is now the third biggest cry...
Binance Unveils Binance Pay In Brazil, Expanding Crypto Payment Landscape
Key Points: Binance has introduced its encrypted payment solution, Binance Pay, in Brazil, partnering with payment service provider Latam Gateway. The platform’s entry into Brazil offers businesses a...
GMX Trader Makes Over $1 Million Shorting and Then Longing Ethereum During Crypto Market Crash: On-Chain Data
Blockchain tracker Lookonchain finds that a trader using the decentralized exchange (DEX) GMX made more than $1 million by accurately predicting Ethereum’s (ETH) price action over the past several wee...
Here’s How Much Money the Top 10 Crypto Influencers Make on Friend.Tech
Less than 2 weeks after going live, decentralized social platform Friend.tech has reportedly paid out about $2.5 million to its users. Of that amount, 391 ETH, or about $650,000, went to the top ten c...
Binance and The Weeknd mix music, crypto, and philanthropy in upcoming tour
Crypto exchange Binance is sponsoring The Weeknd’s “After Hours Til Dawn” tour in Australia and New Zealand later this year, according to an Aug. 22 statement shared with CryptoSlate. This leg of the ...
Crypto and NFT Games Are Still Launching on Steam Despite Ongoing Ban
Blockchain-based games with cryptocurrency or NFT elements are banned on Valve’s Steam PC gaming marketplace—but the developers of such games have found ways to launch them on the popular platform, fi...
Indian Crypto Exchange CoinDCX Cuts Headcount by 12%
Indian crypto exchange CoinDCX, which achieved unicorn status in 2021, has announced it is laying off around 12% of its workforce. As Bitcoin (BTC) fails to hold above $31,000 despite months of attemp...
Appeal of Crypto Is ‘Illusory’ and Amplifying Financial Risks of Emerging Markets: Bank for International Settlements
Cryptocurrencies increase the financial risks of emerging economies, according to a new report published by the global central bank umbrella organization known as the Bank for International Settlement...
Thailand threatens Facebook over crypto scams and other fraudulent ads
The Thai government has issued a stern ultimatum to Facebook, warning that it will seek a court-issued shutdown order against the social media giant unless immediate action is taken to address the pro...
Hottest Trend in Crypto Right Now
Gamza Khanzadaev Friend Tech hype keeps soaring as Sean Ono Lennon officially joins in Musician and cryptocurrency enthusiast Sean Ono Lennon has recently thrown his hat into the ring of the hottest t...
Bank For International Settlements (BIS) Advocates Smart Crypto Regulation Over Total Ban
Key Points: The Bank for International Settlements (BIS) in Basel advocates regulated growth for the crypto industry instead of an outright ban, citing the amplification of financial risks in less dev...
Komainu, Nomura’s Crypto Joint Venture with Coinshares and Ledger, Wins Dubai License
As Komainu secures Dubai’s VARA license, it can offer a wide range of custody services, including collateral management and institutional staking. Komainu, a crypto joint venture between Nomura, CoinS...
Crypto lawyer exposes SEC ties to Ethereum co-founder
Legal expert John E. Deaton reveals potential affiliations benefiting top SEC officials in the XRP lawsuit, sparking debates on regulatory integrity. Legal expert John E. Deaton recently tweeted about...
Facebook Operations in Thailand in Jeopardy due to Claims of Crypto Scams and Deceptive Ads
To take action against crypto scams, Thailand is on the brink of unleashing a dramatic move against tech titan Facebook. The Ministry of Digital Economy and Society (MDES) has unveiled a formidable pl...
Sonic Coin and Wall Street Memes Are Showing Bullish Strength
The bearishness in the cryptocurrency market is taking its toll on major meme coins as well. The meme token market capitalization fell another 0.8% yesterday, with an average price decline of 1.4%. P...
Crypto Community Abuzz as Vitalik Buterin Moves 600 $ETH to Coinbase
Ethereum’s founder Vitalik Buterin has transferred 600 ETH, worth $1 million, to Coinbase, as reported by Etherscan. This move has quickly caught the crypto community’s attention and sparked speculati...
Cardano ranks first with most crypto developers
The latest data from the Santiment platform show thriving activity on Github by Cardano developers with more than 500 submissions per day: behind the famous smart contract platform are Kusama and Polk...
Crypto miner Hive Digital CEO sees AI working in unison with blockchain
Crypto mining firm Hive Blockchain sent a signal to the tech industry when it dropped “blockchain” from its namesake in July, opting to call itself Hive Digital Technologies and reflect its artificial...
Bitcoin Price (BTC) Settles in Below $26K as SOL, MATIC, XLM Lead Crypto Declines
While the U.S. Securities and Exchange Commission (SEC) has a number of spot bitcoin ETF applications to rule on, there’s no guarantee that a decision will even come this year. More imminent, tr...
Binance’s Payment Wallet Binance Pay Announces It’s Integrating This Altcoin Into The Platform!
The famous payment wallet by Binance, Binance Pay, became the first major wallet to integrate EDU for the Open Campus Alliance (OC Alliance) ecosystem. Binance Pay Integrates with Open Campus Alliance...
Crypto Defender Bart Stephens Confronts $6.3M Heist in Pursuit of Justice
In a recent update, Bart Stephens, the co-founder of Blockchain Capital, lost $6.3 million worth of crypto in an alleged SIM swap hack. The legal action, initiated on August 16, 2023, intends to uncov...
Former Provincial Official in China Faces Lifetime Imprisonment for Crypto-Related Misconduct
Background Yi Xiao, once an influential official in Jiangxi, China, has received a life sentence following allegations and subsequent findings of corruption linked to cryptocurrency mining. Abuse of P...
Is Bitcoin Oversold? RSI Signals Bearish Turn for Crypto
In a span of just 2 to 3 weeks, the recent market decline has sent Bitcoin(BTC) tumbling to $25,168. This abrupt drop is closely linked to the dynamic policy changes by the Federal Reserve and regulat...
Is Elonator Coin Next To Merge With X? Dogecoin’s Connection With Elon Musk Increases Hopes of Integration For Top Meme Coins
A connection between meme coins and popular social media platforms has altered how we perceive meme cryptos. Dogecoin (DOGE)’s playful attitude may find a new home and utility on X, formerly known as ...
Altcoin Market Cap Seeks Breakout To Reach $1 Trillion: Analyst
Michel van de Poppe predicted that the altcoin market cap could reach $1+ trillion if it breaks above $675 billion. During the past week, the collective altcoin market cap (TOTAL2) printed two higher ...
Google Bard predicts DOGE price in the next crypto bull market
Dogecoin (DOGE) has been one of the most popular cryptocurrencies in recent years, thanks in part to its meme status and Elon Musk’s support. However, the coin has also been volatile, and its price ha...
Nomura’s Crypto Joint Venture Receives Full Operating License in Dubai
Its been ten months since Komainu obtained its MVP license in November 2022. Komainu is now authorized by VARA to provide its entire array of crypto-related services. The Virtual Asset Regulatory Auth...
Cardano Whales swim against the current in crypto downtrend, Shiba Inu Competitor broke $7m in presale, are you ready for launch?
High-profile investors shape crypto markets profoundly. The activity around ADA in the past week has been a testament to this effect. Some of these investors are joining the DigiToads ( TOADS) project...