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One of the most notable crypto swapping and lending platforms, Celsius Network revealed to customers in the early hours of Monday its plan to halt withdrawals as well as swaps and transfers. Celsius justified this action to be a response to the current “extreme market condition,” giving no hint for
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Changpeng CZ Zhao, the chief executive officer of the global leading cryptocurrency exchange, Binance, has confirmed that the Securities and Exchange Commission has been making inquiries about the BNB coin. The company whose operation began in 2017 describes itself on its website’s bio as one of the safest and
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Bitcoin plunged below a 25k dollar rate due to a super unstable macroeconomic ground merged with the orderly risk from within the virtual currency space, indicating the twelfth week of continual decline for the coin. Figures from TradingView and Coin Market Cap showed the top leading cryptocurrency being faced with
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Bill Starkov, the originator of the Apocalypse-themed ape NFT community known as Apocalyptic Apes has affirmed that holders can make lots of money from licensing patent rights on individual NFTs. The most notable way of earning from the non-fungible token space is by flipping, simply put buying and reselling at
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Circle, a worldwide monetary technology firm focused on simplifying the use of digital currencies for business and other blockchain transactions, has reportedly signed a decisive approval to acquire Cybavo, a Taiwan-based company founded in 2018. A Friday press release statement affirmed this decision. According to Jeremy Allaire, CEO of Circle
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The United States’ brokerage Chairperson, in a speech at CoinDesk’s Consensus 2022 held at the Austin Convention Center, Texas, reiterated her belief and commitment to cryptocurrency notwithstanding the bearish condition of the market. Rendering some advice to the crowd, Fidelity Investments chairperson and CEO, Abigail Johnson, noted her assurance
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The world’s popular cryptocurrency exchange based on trading volume, Binance, and The Weeknd have announced a “crypto-powered” Till Dawn world tour where the exchange will sponsor the musician’s show set to kick off in the US and Canada. The Weeknd had ventured into the NFT space early last
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Popular cryptocurrency exchange, Coinbase, has announced it will continue with its hiring freeze as the crypto market remains bearish and tech stocks appear bleak. The company is also taking back some offers issued to employees who are yet to resume. This development comes the same day after another cryptocurrency exchange,
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Bitcoin and Ethereum, the world’s most powerful cryptocurrencies based on market capitalization, have fallen by 5% in the last 24 hours. Bitcoin fell below $30,000, wiping its gains in recent times. Bitcoin had briefly boosted the confidence of investors after it rallied to reclaim its $30,000 spot
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Binance Labs has pulled the sum of $500 million to support Web3 projects and other blockchain companies. Binance Labs is the venture capital arm of popular cryptocurrency exchange, Binance. According to a blog post on Wednesday, the company noted that DST Global Partners, Breyer Capital, Whampoa Group and several private
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Bitcoin, the largest cryptocurrency based on market capitalization, has climbed by 5% in the last 24 hours. Bitcoin slightly climbed to $32,000 as the market continues to recover from the crash of LUNA, Terra’s native coin and UST, Terra’s stablecoin. At the time of writing, Bitcoin currently
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The recent crash of LUNA, the native token of the Terra ecosystem, as well as its stablecoin, USDT, has triggered several reactions in the cryptocurrency industry. As for Charles Hoskinson, it indicates the need to take things slow with blockchain and crypto development. Hoskinson who spoke with CoinDesk said that