web analytics

Ethereum-Based Chat Platform Lays Off 25% of Staff Due to Crypto Market Decline

Ethereum-based mobile app Status is laying off 25 percent of its staff following the crypto market crash. Ethereum (ETH)-based chat platform Status is laying off 25 percent of its staff due to the recent cryptocurrency market decline, according to a post published Dec. 11. Founded in 2017 in Switzerland, Status is an open source Ethereum-based… Continue reading Ethereum-Based Chat Platform Lays Off 25% of Staff Due to Crypto Market Decline

First Week of December Ends with Flush of Green, Bitcoin Nears $3,700

The crypto markets are seeing a wave of green, as top crypto Bitcoin nears the $3,700 mark after a week of lows. Sunday, Dec. 9 — The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows. Market visualization… Continue reading First Week of December Ends with Flush of Green, Bitcoin Nears $3,700

Major UK Charity Fund Executive Believes Crypto Market Crash Is ‘Just a Bump in the Road’

A major U.K. charity fund executive declared during a crypto summit that the recent market crash is just a “bump in the road.” A major United Kingdom charity fund executive said at the Bloomberg Crypto Summit in London this Friday that the recent crypto market crash is just a “bump in the road,” Bloomberg reports… Continue reading Major UK Charity Fund Executive Believes Crypto Market Crash Is ‘Just a Bump in the Road’

Blockchain Policy Development in China Concentrated in Three Cities

One third of national blockchain-related policies in China have been made in three areas: Beijing, Shanghai and Guangzhou. Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of ​​relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related… Continue reading Blockchain Policy Development in China Concentrated in Three Cities

Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation

Florida-based UnitedCorp has launched a suit against Roger Ver and some other major industry players for allegedly planning a scheme to take control of the BCH network. Florida-based United American Corp. (UnitedCorp) has purportedly filed a lawsuit against Bitmain, Bitcoin.com, Roger Ver, and the Kraken Bitcoin Exchange, according to a press release published Dec. 6.… Continue reading Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation

Study: Pump and Dump Schemes Account for $7 Million of Monthly Trade Volume

A recent study by Imperial College London analysts claims that crypto pump and dump scams account for $7 million in trade volume each month. A recent study has found that pump and dump schemes account for about $7 million worth of trading volume per month, MIT Technology Review reported Dec. 4. The analysis was performed… Continue reading Study: Pump and Dump Schemes Account for $7 Million of Monthly Trade Volume

Crypto Exchange OKEx Launches ‘Perpetual Swap’ Derivative Product

Crypto exchange OKEx has introduced a derivative product called Perpetual Swap, allowing users to hold positions indefinitely. Malta-based cryptocurrency exchange OKEx has launched a new derivative product called  Perpetual Swap trading, according to a press release shared with Cointelegraph Dec. 3. Perpetual Swap is a peer-to-peer, virtual derivative developed by OKex, that enables users to… Continue reading Crypto Exchange OKEx Launches ‘Perpetual Swap’ Derivative Product

Top Coins Are Shaky, But Bitcoin Still Holds $4,000 Mark

While the top 20 cryptocurrencies are mostly in the red, Bitcoin has been holding above $4,000. Sunday, Dec. 2: the top 20 cryptocurrencies are mostly in the red, according to data from Coin360, after a modest recovery yesterday, Dec. 1. Despite the mild losses, Bitcoin (BTC) is still holding just above the $4,000 mark. Market… Continue reading Top Coins Are Shaky, But Bitcoin Still Holds $4,000 Mark

Crypto Markets Meet December in Green, Bitcoin Trades Above $4,200

Crypto markets go green on the first day of December, with Bitcoin breaking and holding the $4,200 threshold. Saturday, Dec. 1 — Crypto markets have seen a substantial influx on the first day of this winter month, with all top 20 coins by market cap firmly in the green, according to CoinMarketCap. Market visualization from… Continue reading Crypto Markets Meet December in Green, Bitcoin Trades Above $4,200

Decentralized Exchange Concludes $15 Mln Funding Round Supported by Huobi and OKCoin

Crypto exchange BHEX has concluded a $15 million funding round in anticipation of its official launch in the following days. Decentralized cryptocurrency exchange BHEX Exchange has concluded a $15 million funding round with support from major exchanges like Huobi and OKCoin, according to a press release shared with Cointelegraph Nov. 29. Per the release, BHEX’s… Continue reading Decentralized Exchange Concludes $15 Mln Funding Round Supported by Huobi and OKCoin