Sky Mavis lays off 21% of workforce, plans new Axie Infinity game

The firm previously stated it had an issue with one of its service partners. 184 Total views 1 Total shares On June 13, South Korean yield platform Haru Invest announced that it would be suspending deposits and withdrawals effective immediately. “First of all, the company sincerely apologizes that its latest announcement has caused concerns to…

Reasons for BTC's weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate's anti-crypto lobby.

The American Economic Association (AEA) will host four dedicated presentations of cryptocurrency and blockchain research today, Jan. 4, as part of its ongoing annual meeting.The session, dubbed ‘Blockchain and Tokenomics,’ will cover four academic papers from various sources.It will be hosted by the academic group the Econometrics Society and chaired by Lin William Cong, assistant…

Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it's owed an even higher amount from the crypto lender. 182 Total views 2 Total shares Bankrupt Bitcoin (BTC) mining firm Core Scientific has objected to paying a $4.7 million administrative claim put forward by crypto lender Celsius Network, leading to a battle…

The supply and demand equation determines the price of an asset. In the past few months, the uptick in institutional demand for Bitcoin (BTC) has resulted in a strong bull run. This uptrend may continue until demand exceeds supply.On-chain data shows two withdrawals of more than 12,000 Bitcoin each from Coinbase Pro this week, which…

Fireblocks and Taurus are among the crypto firms expanding services to meet institutional demand for digital asset storage.

Decentralized finance (DeFi) trading platform dYdX announced its first-ever token buyback program on March 24, aiming to reinvest in its ecosystem to enhance security and governance. According to the announcement, 25% of the protocol’s net fees will be dedicated to monthly buybacks of its native dYdY (DYDX) token on the open market. Following the announcement

Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda." Own this piece of crypto history Collect this article as NFTThree members of the United States Senate have reportedly penned a letter to Silvergate Bank requesting information about any relationship with FTX…

Over the last month the crypto market has seen a significant amount of volatility as a 6-month altcoin bull market abruptly came to an end with the most recent Bitcoin (BTC) price rejection at $12,000.At the same time, the DeFi sector saw an amazing run as the total value locked in DeFi platforms surged above…