dYdX lays off 35% of staff shortly after major Consensys cuts

Israeli blockchain startup StarkWare Industries has completed a $30 million financing round, generating funds from such industry players as Intel Capital and Sequoia USA, according to an announcement published Oct. 29.Established in 2018, StarkWare Industries develops both software and hardware, with applications including transparent privacy in blockchains, increased transaction throughput, as well as off chain…

A large number of DeFi governance tokens are still way down from their peaks as farmers take profits. 993 Total views 16 Total shares Many high inflation decentralized finance tokens are still correcting despite Bitcoin’s push to new yearly highs.Research by IntoTheBlock suggests that DeFi token prices and protocol metrics have diverged significantly since September.…

Dave Portnoy, also known as Davey Day Trader, now wants to learn how to buy Bitcoin from the Winklevoss twins. Popular Twitter personality Dave Portnoy, famous for his motto “stocks only go up,” now wants to learn about Bitcoin (BTC) from Gemini co-founders Tyler and Cameron Winklevoss.In a Twitter clip extracted from his latest daily…

Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.” 290 Total views 7 Total shares Bankrupt crypto lender Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini to recover $689 million in preferential transfers, according to a Nov. 21 court filing.The lawsuit

A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education. 3040 Total views 38 Total shares The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. To counter the rise in…

Islamic finance is not always compatible with DeFi's focus on risk and yield. A new platform aims to blend the best of both. 5567 Total views 20 Total shares A team based out of Sydney, Australia is building what it claims is the world’s first “Shariah-guided” decentralized finance platform to navigate a course between the…

Bitcoin (BTC) saw its first major test of $40,000 for several weeks overnight, but what price zones are traders watching next?Whether long or short-term, the answer for many is simple: the range is still intact.Bitcoin wobbles after "moment of truth"On the back of macro pressures, BTC/USD saw a moderate sell-off on Feb. 17 which continued…

BitPay, a leading provider of Bitcoin and cryptocurrency payment services, announced on Jan. 21 the launch of XRP payments and cross-border transfers. BitPay has also added support for XRP — the cryptocurrency used by Ripple’s payment network — to the BitPay Wallet app. Although rumors were circulating on Jan. 20 across Twitter and Reddit that BitPay…