Cold Crypto Winter Forces Octopus Network to Lay off 40% besides 20% Pay Cut
Michael ScottThe next Gen multichain platform Octopus Network disclosed its refactoring process would include 40% layoffs and 20% pay cuts. The…
Bitcoin Mining Argo Blockchain Temporarily Halts Trading on NASDAQ
Embattled mining firm Argo Blockchain filed a motion to suspend trading activities listed within the Nasdaq exchange. The Bitcoin mining…
The Biggest Bank In Russia Releases Digital Financial Assets Backed By Gold
George WardSber, also known as Sberbank, is the largest bank in Russia. The bank has announced the first issue of its…
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Ripple (XRP)
Palau To Partner With Ripple To Develop A National Stablecoin
The Republic of Palau, a small island nation in the Pacific Ocean, is partnering with the blockchain technology firm Ripple…
Miners Are Starting To Move Away From Norway And Sweden As Energy Costs Soar – Report
Bitcoin mining is an energy-intensive process, and miners often look for ways to minimize their costs by locating their operations…
Indian Central Bank Chief Says Cryptocurrencies Can Cause Financial Crisis
Nathan FergusonThe Indian authorities have shown opposition and antipathy toward crypto assets for a considerable period and Shaktikanta Das (the governor…
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El Salvador Teaches Students About Bitcoin And The Lightning Network
Despite past international interference from the United States and the International Monetary Fund (IMF), El Salvador is pushing forward with…
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Nexo Sends Final Offer To Vauld’s Creditors Via An Open Letter
Yesterday, Vauld CEO Darshan Bathija informed the company’s creditors that the proposed agreement with Nexo had been scrapped. However, in…
Fidelity Investments Files Patents For NFT, Metaverse, And Crypto Trading
The crypto industry has been in a bear market for some time, but that has not stopped one of the…
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1 Inch Network Introduces Latest Upgrade Fusion to Expand in DeFi Space
The Russian decentralized exchange aggregator- 1 Inch Network, announces its recent upgrade- Fusion aims to realize substantial gains when the…
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BIT Mining Firm Loses $3 Million To Hackers In A Cyberattack
Richard HinesBIT Mining Firm lost $3 million worth of cryptocurrencies to a hacker in a cyberattack that happened recently. Over $700,000…
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Defrost Finance Hit with Flash Loan Attack, Users Suffer $12M loss
Defrost Finance announced investigating the DeFi flash loan following investors' complaint of abnormally losing MELT and Avalanche (AVAX) tokens staking…
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Terra (LUNA)
Over $116 Billion Owned By Top Crypto Firms Lost This Year Alone – Forbes
Over $100 billion has been lost by top 17 cryptocurrency exchanges between March and December. Ranging from the Luna crash…
North Korean Hackers Steal Over $300,000 Worth Of NFTs
North Korean hackers are responsible for the theft of over 1000 NFTs, which resulted in a profit of $350,000. This…