NFTs hit $158M weekly sales, Sky Mavis lays off 21% of workforce: Nifty Newsletter
NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to the start of November.
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Blockchain Platform We.Trade Reportedly Slashes Workforce by Half
The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding. 1488 Total views 37 Total shares Owing to ongoing financial difficulties, the IBM Hyperledger-powered trade finance blockchain platform we.trade is laying off almost half of its workforce.According to a Global Trade Review…

Bitcoin hashrate drawdown hits bear market levels, but miners aren’t selling
Could miner capitulation signal that selling pressure is easing, or could it be the death spiral that takes Bitcoin out of its decade-long run?

Ripple CEO endorses crypto lawyer in race against Sen. Warren
Brad Garlinghouse and other crypto executives have directly contributed to John Deaton’s Senate run, and Ripple has funded one of the PACs supporting him.

Bitcoin Worth Over $7,400 Again as US Stock Market Sees Moderate Downturn
Monday, May 13 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has crossed the $7,400 mark.Market visualization courtesy of Coin360Bitcoin is up over 5.2% on the day, trading at $7,431 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin…

Obama’s Under Secretary for Terrorism Appointed CEO of Libra
A man who enforced anti-money laundering under two U.S. presidents has been named the CEO of the Libra Association. May 6, the Libra Association announced the appointment of Obama’s former under secretary for terrorism as its first CEO.Stuart Levey served as an under secretary for terrorism under the administrations of George W. Bush and Barack…

Bitcoin payments are the ‘second stupidest idea I’ve heard,’ says Late Show’s Stephen Colbert
But to be fair, they're a long way behind remote-controlled junk cages. 3817 Total views 10 Total shares Stephen Colbert, the charismatic host of CBS’ The Late Show, isn’t holding back his punches or his jokes when it comes to Bitcoin.In a segment dubbed “Quarantinewhile,” which features a roundup of amusing news stories for viewers…

Bitcoin breaks records, what happens next, Coinbase IPO: Hodler’s Digest, Dec. 13–19
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekAnother day, another all-time high — Bitcoin hits $24,000 in weekend surgeOn…

Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.