The CEOs of Crypto.com and BlockFi have announced staff reductions in individual statements. The development follows suit with other crypto firms that have also been laying off staff. Staff cut across...
Category: Crypto
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Crypto Companies Are Telling Employees To Pack Up, But Binance Is Hiring – Here’s Why
As some crypto exchanges are cracking under pressure and sending employees packing, Binance’s CEO said the company is on a hiring spree. Binance if offering 2,000 positions to qualified talents, accor...
MicroStrategy ($MSTR) Loses A Fortune Amid Crypto Crash, Will It Sell BTC?
Michael Saylor, American business executive and CEO of MicroStrategy, has revealed that his business intelligence (BI) firm anticipated and made provisions for volatility before adopting a Bitcoin str...
What happens if you lose or break your hardware crypto wallet?
Hardware cryptocurrency wallets are known for granting users full control of their crypto and providing more security, but such wallets are prone to risks such as theft, destruction or loss. Does that...
Safe Investment in “Candydex” While the Crypto Market Is Wretched
48.4 Million CANDYDEX Tokens Bought by Crypto Whales 160k+ Account Holders Have Burnt 16% of the CandyDex Tokens as Initial Move They Are Planning to Burn 14% in Next Move Token Audited by Reputed Fir...
Crypto Trader Who Nailed 2018 Bear Market Bottom Says Bitcoin and Ethereum Very Close To Pivotal Moment
The crypto strategist who accurately called the bottom during the 2018 bear market says Bitcoin (BTC) and Ethereum (ETH) are close to printing this cycle’s lows. Pseudonymous analyst Smart Contracter ...
CipherTrace report shows a decline in illicit activity in the crypto ecosystem
? Want to work with us? CryptoSlate is hiring for a handful of positions! Amid the extreme market conditions, a June 13 report by CipherTrace details positive developments in the crypto ecosystem, sug...
Biggest Crypto Gainers After Crash – UMA Up 50%
Crypto winter has arrived and has devalued many larger cryptocurrencies. However, some tokens are witnessing a rapid uptick, with EMA (Exponential Moving Averages) going over 21. These crypto-assets a...
Percentage of Crypto Transaction Volume Used for Crime is Reducing: CipherTrace
The growth of the broader cryptocurrency ecosystem is not reflected in the percentage of crypto transaction volumes being used for illicit or fraudulent criminal activities. This fact was corroborated...
BTC and Crypto as “Payment Currency” – Brazilian Congressman Passed the Bill
Despite the market dip, crypto adoption is rising in all parts of the world. The recent talk of the town is that a bill is introduced to make Bitcoin and digital currencies as payment options in Brazi...
Crypto Layoffs Continue as Celsius Rival BlockFi Cuts Staff by 20%
Crypto lending firm BlockFi today announced that it was cutting staff—making it the latest company in the digital asset space to give employees the chop amid a brutal bear market. The firm said in a ...
NFT floor prices are falling along with the broader crypto market
Floor prices for non-fungible tokens (NFTs) have not been spared amid a broader crypto market downturn. Some of the most popular NFT projects have had their floor prices fall as much as 30% in the las...
SEC’s Potential U-Turn On Crypto Bill Sparks New Debate
The debate on how to go about regulating the crypto market has been long around. The SEC has been firm on bringing the industry under its securities law. SEC chair Gary Gensler recently said a majori...
How crypto stickers led to a new career opportunity
Ghana national Daniel Karikari worked as a part-time office assistant at a crypto startup, cleaning the office and serving coffee to its managers. While performing his tasks, he encountered the words ...
Dogecoin Now Most Wanted Coin by BNB Whales as DOGE Enters “Extreme Fear” Zone
Yuri Molchan BNB whales are after Dogecoin as it returns as one of most purchased digital assets and enters zone of “extreme fear” Contents DOGE wanted by top BSC investors DOGE enters ...
Mike Novogratz equates crypto crash to Long Term Capital Management crisis
? Want to work with us? CryptoSlate is hiring for a handful of positions! Michael Novogratz, a crypto investor, and CEO of Galaxy Digital, told CNBC that the cryptocurrency market is undergoing the sa...
Coinbase, MicroStrategy, Other Bitcoin-Exposed Stocks Tank Amid Crypto Meltdown
As the latest carnage in the crypto markets brought the price of Bitcoin below $24,000, MicroStrategy (MSTR) fell as much as 26.72% on Monday’s premarket to a 20-month low of $149. MSTR, which traded ...
Crypto Adoption On the Rise in Canada, New Bank Report Finds
According to a report released by the Bank of Canada, the number of bitcoin holders doubled from 5% in 2020 to 13% in 2021. As the cryptocurrency market experiences one of its worst dips, there is a s...
Not only Terra, some crypto projects have tumbled by 90%
The crypto market is suffering the worst sale in 2022 as prime tokens have taken a significant hit, with several dropping to multi-month or multi-year lows. It’s not solely Terra that wiped off $40 bi...
US SEC Boss Airs Caution on Crypto Lenders Offering High Yields
Investors thinking of investing in crypto lending platforms should be cautious, the U.S. Securities and Exchange Commission (SEC) chairman said. Gary Gensler has warned investors to be wary of claims ...
Exchange Inflows Ramp Up As Crypto Investors Clamor To Exit Market
With the crypto market’s decline, there have been a number of things that have changed drastically in the space. Mostly, investors have been rushing to get out of the market before the crash takes mor...
SEC writes crypto exchanges over insider trading
? Want to work with us? CryptoSlate is hiring for a handful of positions! A tweet from Eleanor Terrett, a business journalist at Fox, has said that the United States Securities and Exchange Commission...
New NFT Collection and the Latest Trends on Bitcoin – crypto.news
Lucky Degens, a new non-fungible token (NFT) collection from Lucky Crypto, is now available in the market. The Jungle Animal Collection and the OG Collection of Lucky Degen NFTs are available in two d...
South Korea’s Top Crypto Exchanges to Establish a Joint Consultative Body
The five leading cryptocurrency exchanges in South Korea – Upbit, Bithumb, Coinone, Korbit, and Gopax – will reportedly set up a joint consultative body that will oversee the local digital asset marke...
S&P 500’s Bear Market Illustrates How External Actors Have Affected Crypto
HodlX Guest Post Submit Your Post The S&P 500 closed more than 20% below its all-time high, set in January – and so, we enter a bear market. S&P Global Dow Jones Indices senior index analys...
Crypto Needs Regulation Before It Becomes ‘a Lot Larger’ – Regulation Bitcoin News
Bank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger” before it brings regulatory controls in place. “This is an area that is still small...
Crypto exchange Coinbase slashes staff by 18% amid bear market
Coinbase CEO Brian Armstrong officially announced on Tuesday that he made a “difficult decision” to reduce the size of the Coinbase team by about 18% due to a starting economic recession. ...
Crypto.com Lays Off 5% of Corporate Staff, Citing ‘Market Downturn’
Crypto.com will lay off 260 people, or 5% of its corporate workforce, as the markets continue to head into a downturn, CEO Kris Marszalek said in a tweet on Saturday. In a Twitter thread, Marszalek de...
Almost One-Third of All Hedge Funds Invest in Crypto
As per a report by PWC, one of the biggest consulting firms, a third of all hedge funds are now invested in crypto. With most only dipping their toes, while some allotting half the weightage to the as...
SEC Chairman Warns of Crypto Lending Platforms With Unrealistic Returns
Gary Gensler – Chairman of the Securities and Exchange Commission (SEC) – spoke about crypto during the RFK Human Rights Compass Summer Investors Conference on Tuesday. He cautioned the public about t...
Binance aims to become a super app with Splyt crypto partnership
The world’s largest cryptocurrency exchange, Binance has partnered with Splyt, a “super app enabler,” to bring payment options to the Binance application. Payment options made for Splyt services inclu...