Crypto Layoffs Continue: Polkadot Blockchain Developer Parity to Cut 30% Workforce
25.10.2023
Polkadot blockchain developer Parity Technologies is the latest blockchain firm to conduct layoffs.
The DLT infrastructure company confirmed to Bloomberg that it would cut 30% of its employees – around 100 staff – in a move to refocus on its core blockchain services....
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Bitcoin's Surging Perpetual Funding Rates Make Arbitrage Trades Attractive
25.10.2023
The funding fee arbitrage involves selling perpetual futures while simultaneously buying the cryptocurrency in the spot market. The strategy currently offers an annualized yield of over 10%
'This is the trigger' — Arthur Hayes says it's time to bet on Bitcoin
25.10.2023
Bitcoin faces a watershed moment thanks to an inflammatory cocktail of inflation spurred by war — and a $1 million BTC price is still possible, the former BitMEX CEO says
Fantom Sonic testnet goes live with major upgrades
25.10.2023
Fantom Foundation has announced the launch of Fantom Sonic. This comes months before the launch of its mainnet, which is tentatively scheduled to happen in Spring 2024. The testnet environment aims to mitigate the issues of limited throughput and slow finality. There are a total of three upgrades...
Lightspark Open Sources Email-Like Protocol UMA; Raises Debate on Compliance
25.10.2023
Lightspark, a Lightning Network (LN) financial services company, has announced it has open-sourced Universal Money Address (UMA), a protocol similar to email, but for money. The protocol will be interoperable, allowing platforms to exercise due compliance on the transactions facilitated,...
85% of crypto rug pulls in Q3 didn’t report audits: Hacken
25.10.2023
A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken
IRS extends comments period for new crypto tax rule to mid-November
25.10.2023
The proposed rules are supposed to come into effect in 2026, impacting sales and exchanges conducted in 2025
Is the Bitcoin Cash price surge bringing good news to BCH loyal investors?
25.10.2023
Due to its recent significant price increase, Bitcoin Cash (BCH) has recently attracted much attention in the erratic world of cryptocurrencies. Discussions concerning the durability of this rise and its consequences for long-term investors have been sparked by this trend, which has aroused...
Galaxy Digital Projects Bitcoin Price to Reach Near $60,000 Year After Spot ETF Approval
25.10.2023
Cryptocurrency firm, Galaxy Digital views the approval of a spot Bitcoin (BTC) ETF as “the most impactful catalysts” towards the growth and adoption of the top digital asset.
In an Oct 24 market analysis, Galaxy’s research associate Charles Yu explained the possible effects of a spot BTC ETF...
Triple-A Raises $10 Million in Series A to Bridge the Gap Between Traditional Finance and Blockchain Payments
25.10.2023
Singapore-based digital currency payments firm Triple-A has completed a $10 million Series A funding round.
The round was led by returning investors Peak XV, formerly known as Sequoia India and Southeast Asia, with strategic support from Shorooq Partners, a venture firm focused on the MENA...
Uphold helps Ripple build crypto liquidity infrastructure
25.10.2023
Ripple recently announced a new partnership with a global Web3 platform, Uphold. The partnership will allow Ripple to leverage Uphold’s crypto liquidity expertise. The partnership was announced via an official post on Ripple’s website. The post stated how the collaboration will help Ripple...
Bitcoin’s Rise Fuelled by U.S. Investors Buying Ahead of Potential Spot ETF Approval: Matrixport
25.10.2023
While most cryptocurrency owners are based in Asia, the buying power of U.S. traders is much bigger, the report said