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Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices
13.1.2023
After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As...
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
13.1.2023
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future...
FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention
12.1.2023
While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific treatments, such as the use of ivermectin...
Analysts ‘Encouraged’ by Coinbase Layoffs as They Show Company Is Being Financially Disciplined
10.1.2023
The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step
The Easy Company secures $14.2M funding for new crypto wallet with social features
10.1.2023
The company says it wants to make it easier for users to engage with Web3 and use digital wallets
Zúčastněte se multiplayerového testu strategie Company of Heroes 3
10.1.2023
Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022
10.1.2023
Cryptocurrencies rose in popularity in Chile, according to a survey from global consulting firm Bain & Company. The survey found that crypto is ranked as the third most popular investment asset among Chileans, only behind investment funds, which were the most popular investment option, and real...
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence
10.1.2023
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange and change its name. Huobi...
Huobi Korea seeks to split from parent company, change its name: Report
9.1.2023
Chairman Cho Kook-bong will also take over a majority of shares previously held by co-founder Leon Li
Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin
9.1.2023
Airtm, a Latam popular cryptocurrency exchange and wallet, has announced it is winding down cryptocurrency trading and custody in its platform. The company stated that starting Jan. 4, 2023, all cryptocurrency deposits and withdrawals would be paused due to the changes in the service offer of...
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions
7.1.2023
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto...
Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023
7.1.2023
Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The number is significantly lower than the $2 billion the company announced back in November as an upper limit...
Huobi Exchange Token Down 11% on Reports of Layoffs, Internal Strife at Company
6.1.2023
Exchange volume has dropped by 23% as market concern grows around the health of Huobi
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
6.1.2023
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm...
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
5.1.2023
Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operates the coin trading platform, which is one of the largest in South Korea. Italian Serie A Leader...
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments
5.1.2023
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With...
Crypto Payments Company Wyre Reportedly Shutting Down Due to Market Downturn, Recently Valued at $1.5 Billion – Bear Market Getting Worse?
4.1.2023
Crypto payments company Wyre reportedly started laying off employees - but also decided on a complete shutdown.
Axios reported that the information was confirmed by two former employees. It cited one of these people as saying that the company's CEO Ioannis Giannaros sent an email to certain...
Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License
4.1.2023
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become...
Square Enix to Deepen Its Blockchain Efforts in 2023
4.1.2023
Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain tech,...