Ava Labs Cuts Staff by 12% to Reallocate Resources for ‘Growth’ – Here’s the Latest
7.11.2023
Source: AdobeStock / freshidea Ava Labs, the team behind the Avalanche ( AVAX) blockchain, has confirmed a 12% reduction in its workforce citing the need to reallocate resources as the driving force behind the staff cuts. Emin Gün Sirer, founder and CEO of Ava Labs, announced the news in a recent...
Bitcoin’s Role as ‘Digital Gold’ Will Aid Further Demand, Traders Say
7.11.2023
Traders continue to point out bitcoin’s supposed role as ‘digital gold,’ amid economic headwinds in the U.S., as a possible price catalyst
Shibarium: 2024-25 Crypto Community Growth Blueprint
7.11.2023
Shibarium, the much-anticipated blockchain by Shiba Inu, has been a hit since its launch. The network secured 3 million+ transactions within the first three weeks of its release. Moreover, Shibarium managed to deploy 10,000+ smart contracts with an average of 41,500 daily unique transactions....
China Mulls Digital Yuan Settlements for Commodities
7.11.2023
The People’s Bank of China (PBOC) is considering using the digital yuan to settle services and commodities trades with Hong Kong. According to Di Gang, deputy director-general of the Digital Currency Institute of the PBOC, this would help companies avoid the difficulties of using a single...
Blockpit Acquires Rival Tax Platform Accointing to Improve EU Crypto Tax Services
7.11.2023
Source: Blockpit Blockpit, an Austria-based crypto tax service provider, has acquired its rival platform Accointing from the crypto data company Glassnode. This acquisition positions Blockpit to align with the upcoming EU tax regulations, known as the Eighth Directive on Administrative Cooperation...
Roger Ver Pursues Closing Up of Matrixport in Seychelles Lawsuit Over $8 Million Dispute
7.11.2023
Source: Pexels A legal battle has been ongoing between Roger Ver, an investor also known as ‘Bitcoin Jesus,’ and Jihan Wu, the co-founder and chairman of Matrixport subsidiary Smart Vega, in Seychelles since last year over frozen cryptocurrency funds. Ver alleged that Matrixport...
Ben 'Bitboy' Armstrong Calls Himself a Victim in Latest Court Filing
7.11.2023
The infleuncer formerly known as Bitboy has filed a lawsuit against several executives at his former employer alleging threats and coercion, and is asking for his Lamborghini back
Cardano to develop its partner chain on Polkadot’s Substrate
7.11.2023
Input Output Global, also known as IOG, has shared insights about how partner chain projects are coming to Cardano through Substrate. The Polkadot SDK makes it convenient for others to use the chain as it demonstrates its potential to expand within the Web3 boundaries. IOG has described its partner...
Meme Coin Mania: New Cryptocurrencies Doge Uprising, Pepe Coin, and Wall Street Memes Are Changing The Game
7.11.2023
Despite all the crypto controversy of 2023, there’s no doubt that it has been a fantastic year for meme coins. Trading volumes have soared to a two-year high and some new cryptos even made it to the top 100. Pepe Coin ($PEPE) took meme coins back to their simple roots, copying the genesis...
Binance to List Ordinals (ORDI) in ‘Seed Tag’ Section, Token up Nearly 49%
7.11.2023
Crypto exchange giant Binance announced that it will list Ordinals (ORDI) with new spot trading pairs available as of 10 a.m. UTC on November 7. Upon listing, Binance will offer spot trading pairs, including ORDI/BTC, ORDI/USDT, and ORDI/TRY. Withdrawals for ORDI are scheduled to open at 6:30 a.m....
Bitcoin Ordinals Protocol Token ORDI Rockets 50% on Binance Listing
7.11.2023
The Ordinals protocol lets users issue tokens, artwork, text, audio and video on the Bitcoin blockchain
BNB Smart Chain scam losses dropped 75% in Q3: Report
7.11.2023
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat