Crypto liquidations may be way worse than data has let on, suggest researchers

U.S.-based Web3 companies and cryptocurrency exchanges could be pushed offshore following enforcement actions against Coinbase and Binance.US. 419 Total views 2 Total shares The United States could risk an exodus of major Web3 and cryptocurrency service providers as the Securities and Exchange Commission (SEC) takes action against Coinbase and Binance.Sergej Kunz, a co-founder of decentralized finance (DeFi) protocol…

The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.comBitmain, the world market leader for mining equipment, on the eve of an epic IPO — which could become the largest in the entire history of the IT market — is experiencing an equally epic publicity and information attack.…

One third of participants see Bitcoin as the least preferable investment asset. 2157 Total views 1 Total shares Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but Goldman Sachs' poll with the Asian chief investment officers tells a different story.Goldman Sach Global Investment Research…

Shiba Inu’s marketing head has shared plans for a DAO that will allow SHIB holders to have a say in the future direction of the memecoin project. 

U.S. capital gains tax laws are likely to catch out many new users of PayPal's cryptocurrency payments system 1428 Total views 22 Total shares The news that payments company PayPal will support cryptocurrencies has given the industry a major boost — but there are tax implications that are little understood by crypto noobs.PayPal users will…

Upbit is one of South Korea’s largest cryptocurrency exchanges alongside Bithumb, Coinone and Korbit — who are collectively referred to as “The Big Four.” 167 Total views 187 Total shares Major South Korean cryptocurrency company Upbit has reportedly submitted a business report with the Korean Financial Intelligence Unit (FIU).Upbit reported its digital asset business to…

Cointelegraph spoke with Konstantin Kladko, the CTO of the Skale Network, a blockchain platform based on Ethereum (ETH).Kladko holds a PhD in Physics from the Max Planck Institute and a Masters in Computer Science from Stanford. Over the course of a long career that includes the Los Alamos National Laboratory and Sun Microsystems, he also…

Australian crypto exchange Swyftx highlighted inflation, a recession, and the bear market as the reasons behind the unfortunate lay-offs. 290 Total views 20 Total shares Australian crypto exchange Swyftx has had to lay off 21% of its staff to lower costs as it wades through the current bear market. According to an Aug. 17 note…