Midas Cuts Users’ Investment Earnings By Over 50% And Ceases Operations
Richard HinesThe cryptocurrency investing platform Midas has taken action by cutting more than 50% from users' accounts and the rewards assigned…
Kraken Exits Japan Cites Weak Crypto Market
Michael ScottUS-based Kraken announced pulling out of the Japanese market as part of the crypto exchange restructuring efforts. The crypto exchange…
Octopus Network Lays Off Staff And Reduces Retained Workers’ Salaries
Due to the bad market conditions that have begun to affect the firm, Octopus Network, which is deployed on the…
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The Philippines SEC Warns Citizens About Unlicensed Crypto Exchanges
George WardFollowing the latest FTX saga, which rocked the crypto community, the Philippines government has warned its citizens. The country's Securities…
Cold Crypto Winter Forces Octopus Network to Lay off 40% besides 20% Pay Cut
The 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
Sber, also known as Sberbank, is the largest bank in Russia. The bank has announced the first issue of its…
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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 Files Trademark Applications in Its Push Into the Metaverse
Scott GalbraithInvestment firm Fidelity has submitted trademark applications in the U.S. for various Web3 products and services, including crypto trading services,…
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…