Cryptocurrency Trends
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Sweden Financial Authority Approves Binance to Offer Crypto-Related Services
Binance’s announcement on January 11 lauded the decision by Sweden’s financial authority to grant the operating license. The decision mirrors…
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Court Allows Binance.US Acquisition Bid for Voyager Assets to Proceed
The court ruling delivered on Tuesday, January 10, a hearing concerning Binance.US’ proposal to acquire Voyager’s assets made the acquisition…
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Coinbase to Laying off 20% of its workforce
Nasdaq-listed Coinbase Global Inc restructuring plans feature a 20% headcount reduction in an attempt to navigate the bear market. The…
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Report Reveals Crypto Investors’ Investment Plans For 2023
SoFi, a San Francisco-based online finance bank, has released a report on how investors intend to manage their investments in…
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Huobi Korea Splitting from Holding Company
Huobi Korea announced plans to gain autonomy from the parent company. The split will allow its chairperson Cho Kook-Bong to…
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Total Crypto Fund Raised In 2022 Drops By $16 Billion Compared To 2021
In comparison to 2021, 2022 saw a significant decrease in the amount of funds raised. This saw a 40% decline…
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U.S. CPI Report To Come in Later This Week, What’s in it For Crypto?
The government’s decision to increase interest rates to combat inflation will be determined by the release of the Consumer Price…
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Voyager Defends $1B Binance Acquisition Deal, Considers FTX Opposition as Hypocrisy
Bankrupt crypto lender Voyager defended the US Binance’s plan to acquire its assets terming the opposition lodged by FTX’s affiliate…
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Hong Kong Financial Secretary Stresses the City’s Pro-Crypto Credentials
Hong Kong’s financial secretary Paul Chan restated the city’s preparedness to shape the region’s crypto industry. In his January 9…
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Huobi Withdrawals Slows as Tron’s USDD Experiences Fresh Slip
Singapore-based crypto exchange, Huobi experienced a slower pace of withdrawals on January 8 though its stablecoin USDD’s prices slipped away…
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Ferrari Terminates Sponsorship Contract With Velas Blockchain
Automobile manufacturer Ferrari suffers a loss of more than $50 million after terminating a contract with Velas blockchain. The source…
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NFT Platform SuperRare Labs Admits Overhiring and Lays Off 30%
The social-based NFT platform admitted over-hiring during the aggressive crypto growth. The digital artwork marketplace. SuperRare Labs joined the list…
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DeLabs Receive $3 Million for Y00ts NFT Collection to Exit Solana
DeLabs confirmed a $3 million receipt to allow y00ts NFT collections to shift from Solana to Polygon. The startup behind…
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Justin Sun Counters Withdrawals by Moving $100M in Stablecoins to Huobi Exchange
The scrutiny of the Huobi exchange by blockchain data analytic firm Nansen revealed a huge inflow of stablecoins. The detailed…
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Bitcoin Addresses Holding Over 10 BTC Reaches 2-year High, Will it Affect Price?
Bitcoin addresses with over 10 BTC holdings have surged in recent months. Although there has been fluctuations between holding and…
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Bumpy Crypto Winter Forces Digital Currency Group to Shut down HQ Operation
The trending wealth management company Digital Currency Group (DCG) hits the headlines again after confirming to shut down the operation…
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