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

AI continues to be more pervasive in emerging technologies, and according to a co-founder of The Sandbox, it will make digital spaces more inclusive places. 272 Total views 2 Total shares Own this piece of history Collect this article as an NFTArtificial intelligence (AI) is the new buzzword in the emerging tech scene after the…

The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens. 226 Total views 1 Total shares Own this piece of history Collect this article as an NFTEthereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from…

Institutions need to keep buying to avoid a price drop, JPMorgan analysts say, but the outlook is rosy and will come at the expense of gold. 2658 Total views 10 Total shares Institutional investors may be all that’s pushing up the price of Bitcoin (BTC), a new report from JPMorgan Chase claims.In comments on Dec.…

Bitcoin (BTC) hinted at a welcome retracement overnight into March 30 after relentless upside failed to flip $48,000 to support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC still on target to crack $50,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $46,572 on Bitstamp as Wednesday began — its lowest since March 27.A susbequent…

As Bitcoin price crashed below $50,000, mainstream media highlighted that the selling across the market could have been triggered by reports that the Biden administration proposed increasing the capital gains tax to 39.6% from the current 20% for people earning more than $1 million a year.In other news, there was an apparent exit scam carried out…

Local authorities hope that tackling the issue will restore trust in the e-residency program. 968 Total views 13 Total shares The e-residency program of Estonia is now under the local regulator’s radar as foreigners registered as e-residents of the Baltic nation are being linked to cryptocurrency frauds. The local police’s Financial Intelligence Unit has discovered that…

Another one bites the dust? Reports suggest the initial filing could come later this week. 958 Total views 28 Total shares Own this piece of history Collect this article as an NFTCryptocurrency lending firm Genesis Global Capital, a subsidiary of crypto conglomerate Digital Currency Group, is reportedly preparing to file for bankruptcy as early as…

At least 340 cryptocurrency or blockchain companies were dissolved or liquidated this year in the United Kingdom (UK), British news outlet Sky News reported on Dec. 22.UK crypto companies in 2018. Source: SkyNewsThe aforementioned article also reports that last year, the number of companies in this industry that had been liquidated amounted to 139, nearly…