American geopolitical strategist, speaker, and author of The End of the World Is Just the Beginning: Mapping the Collapse of Globalization, Peter Zeihan had a lot to say about Bitcoin (BTC) on the Joe Rogan Experience podcast. And the cryptocurrency community is seething. Of the 2 hour long podcast, geopolitical strategist and author Peter Zeihan […]
San Francisco-based crypto payments firm Wyre is implementing 90% withdrawal limits for user accounts, “acting in the best interest of our community”
The cryptocurrency market has experienced a sea change for many investors in the wake of the FTX bankruptcy and the subsequent arrest of Sam Bankman-Fried, the former CEO of FTX. The question for investors is whether they can continue to trust the cryptocurrency market. Historically, markets have faced bad actors. The managed money and hedge […]
Russia is moving forward with its digital ruble project in the first quarter of 2023, studying two possible CBDC cross-border settlement models
Reports show DeFi projects faced 113 hacking attacks in 2022, with a total of $950 million in losses
Customers of the American bank Silvergate have withdrawn more than $8 billion from their cryptocurrency-related deposits. About 65% of Silvergate’s customers have withdrawn their deposits in the last three months of 2022. The bank sold its assets worth $5.2 billion. This decision was made by a financial institution to cover expenses. Also, the sale of […]
Financial interplay, 30% staff layoffs, federal prosecution, suspended withdrawals, and a public feud between the founders. Another cryptocurrency conglomerate joins the growing list of troubled industry giants. With reportedly over $3.5 billion in assets, Digital Currency Group (DCG), parent company Grayscale Investments, crypto brokerage Genesis, and publication CoinDesk, closes its wealth-management division, HQ Digital. Investigation […]
Mastercard launches an incubator focused on web3.
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The crypto exchange Huobi has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring, following Justin Sun’s acquisition of the firm, but denied rumours of its insolvency
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