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Huobi confirms 20% layoffs, denies insolvency rumors

Huobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring following Justin Sun’s acquisition of...

LiveOne Slashes Additional $5 Million of Costs Bringing Total Savings to Over $30 Million in Fiscal 2023

Increases Record Adjusted EBITDA* Guidance to $9.5 – $12 Million for Fiscal 2023 Short-Term Assets of $25 Million and $8.6 Million Cash Signed LOI for New...

A Volatile Year Could Be The Silver Lining For The Crypto Industry

Advertisement &nbsp &nbsp A myriad of events in 2022 overshadowed the crypto industry. This left many investors, regulators and governments wondering whether they had...

NFT Sales in 2022 Nearly Matched the 2021 Boom, Despite Market Crash

Despite months of declining sales and falling prices, overall NFT sales volume last year nearly matched the 2021 peak, according to data from DappRadar....

BlackRock Adds Bitcoin to Their Global Allocation Fund

One of the world’s biggest asset manager has added bitcoin to one of the most preferred fund for ordinary and passive investors. The Blackrock Global...

Report: Syrian Central Bank Devalues Local Currency by Nearly 50% – Economics Bitcoin News

The Syrian central financial institution just lately introduced the practically 50% devaluation of the Syrian pound’s change charge versus the dollar from 3,015 per...

Bitcoin mining difficulty falls 3.6% following winter freeze

Bitcoin’s mining difficulty fell 3.6% at 3:49 a.m. UTC on Jan. 3.The difficulty change suggests that a fraction of Bitcoin (BTC)...

Here Are the Dates for the 2023 CPI Releases and FOMC Meetings

The Consumer Price Index (CPI) releases showing the current inflation rate in the USA and the Federal Open Market Committee (FOMC) meetings which...

Bitcoin Still Stuck At $16,700, Why This Indicator Points To New Trajectory

Bitcoin has seen little to no action in its first two days of 2023; the cryptocurrency is bound for a spike in volatility, but...

China to Launch State-Backed Digital Asset Marketplace

A government-backed digital asset marketplace will go live next year on an independently developed blockchain.The “China Digital Asset Trading Platform” will be launched on...

Vulcan Blockchain reveals its novel auto-rebasing Layer 1 protocol will launch in Q1 2023

Advertisement &nbsp &nbsp In the first quarter of 2023, Vulcan Blockchain will release its novel auto-rebasing Layer 1 protocol. The long-awaited protocol’s primary goal...

Research: The Bearish case for Bitcoin as 2022 ends

Amid arguably the coldest winter in Bitcoin’s history, its price has fallen by more than 70% from its Nov. 10, 2021, all-time high of...

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