Crypto Exchange Kraken to Lay Off 1,100 as Industry Pain Deepens
The crypto exchange Kraken is laying off 30% of its workforce, or about 1,100 people, as the fallout from this year’s digit-asset market meltdown worsens.
FTX Investors Are Squeezed by US for Information on Firm and Bankman-Fried
US authorities are asking crypto investors and trading firms that worked closely with FTX to hand over information on the company and its key figures, including founder Sam Bankman-Fried and the former head of his Alameda Research investment arm, Caroline Ellison.
VP of $1,530,000,000,000 Asset Manager Says Ethereum Staking Presents Big Opportunities to Institutional Investors
A senior executive at the $1.5 trillion asset management giant Franklin Templeton says that Ethereum (ETH) staking yield is presenting big opportunities for institutions looking at the crypto markets.
Animoca Brands to Launch $2B Fund for Metaverse Expansion Amid Crypto Winter
According to local media, Nikkei Asia, Hong Kong-based blockchain gaming developer and venture capitalist Animoca Brands, is planning to launch a $2 billion fund to support promising Metaverse projects in the coming months.
An Unknown Individual Signed a Message Associated With BTC Block 1,018, Reward Was Minted 16 Days After Satoshi Launched Bitcoin
On Nov. 15, 2022, a post was created on the forum website bitcointalk.org and the thread’s creator asked people to share signatures tied to some of their oldest mined bitcoin blocks. 11 days later, a newly created bitcointalk.org profile, called “Onesignature,” shared a signed message tethered to an extremely old block reward created on Jan. 19, 2009. The key was associated with bitcoin block 1,018 which was created 16 days after Satoshi Nakamoto launched the network.
DOGE Soars 6%, BTC Stuck at $17K Amid Low Trading Volumes (Weekend Watch)
As it typically happens during the weekend, the trading volumes have gone down, which results in little-to-no price movements for BTC.
Bitcoin Miners May Have Seen The Darkest In Q4 As BTC Rises Past $17,000
Bitcoin miners seem to be giving up on the prospect of holding the maiden crypto for long-term profit as they continue to sell large sums of the digital coin.
‘Black Swan’ Author Explains Why the Former FTX CEO ‘Needs To Be Behind Bars’
Nassim Nicholas Taleb, the best-selling author of “Black Swan” and “Antifragile” believes that Sam Bankerman-Fried (aka “SBF”), the disgraced co-founder and former CEO of bankrupt crypto exchange FTX, should be “behind bars” right now (rather than in his $30 million penthouse apartment in The Bahamas.
Cardano Reigns As the Most Developed Crypto Asset As ADA Leaps Forward
Cardano has emerged as the blockchain network with the most robust development activity in the last 30 days, according to data from Santiment.
Orbeon Protocol (ORBN) Leaps Ahead of Gala (GALA) and Tron (TRX) with Projected 6000% Returns in Presale
Orbeon Protocol (ORBN) is changing the venture capital business and making it easier for investors to get in. Analysts think that the native token ORBN will skyrocket by over 6000% during presale as a result of its immense demand. Gala (GALA) is one of the worst performers in the crypto market, as the coin is down more than 96% in one year. Tron (TRX) has failed to keep investors interested as they sell TRX to buy ORBN.
