Crypto News: Rising crypto hacks have increased the requirements for hiring Crypto Security Experts within the employment sector. Some of the firms are paying up to and over $400,000 to experts to secure their assets. The Chainalysis report for 2022 reflects $2 billion in losses caused by crypto hacks in cross-blockchain protocols. Several experts cite […]
Crypto News: The Malaysian Securities Commission Board has placed the crypto exchange Huobi Global on its investor alert list. Malaysia SC ruled the decision after it found the firm to run unregistered digital asset exchange (DAX) servicers in the nation. In Nov 2020, Huobi Global vaguely announced it had secured a license from the Malaysian […]
Crypto News: Indian Key Crypto influencers form the Indian Blockchain Forum in Hyderabad, Telangana state. The Forum is launched by the Principal Secretary of Industry & Commerce and Information Technology of the Telangana State Government. Jayesh Ranjan has set up the Indian Blockchain Forum to establish the nation as the global hub for Blockchain and […]
Although the crypto winter is shaving off billions of dollars worth of market value, blockchain services are still plenty valuable. The concept of Web3 is rooted in Decentralization at its center, whose various uses are perpetual. Herein, the Web3 Decentralized Education Programmes are examples of how the crypto education sector releases the old, inviting the […]
Crypto News: The Indian Police are investigating Bitconnect after numerous citizens have reported their funds being stolen via a ponzi scam. Authorities in the United States have reported the valuation of fraud to be approximately $3.4 billion. The founder of Bitconnect and his accomplices have allegedly defrauded $2.4 billion from the public. Indian Police Authorities […]
Crypto News: Genesis Trading employed about 260 people in its workforce, which is now reduced by 20% immediately. Genesis Trading is notably affected by the Crypto Winter after having exposure to the bankrupt hedge fund Three Arrows Capital. » New York-based Genesis Trading Names COO Derar Islim Interim Head! The announcement was released hours after […]
Crypto News: After laying off employees in June, Singapore-based crypto exchange Crypto.com has yet again laid off more employees discreetly. A Decrypto report states that the second round of layoffs in Crypto.com is worse than in June 2022. The earlier reported numbers of the employee layoffs at 260 or 5% of the workforce are much […]
Crypto News: Coinbase, the world’s leading crypto exchange, announces it will pause withdrawals and deposits during the Ethereum Merge. The Merge goes live on the Ethereum Mainnet on 15th September 2022. Co-Founder Vitalik Buterin sheds light on the procedures, reflecting on the merger helping reduce carbon emissions. » Coinbase will Pause User Transactions During ETH […]
Crypto News: Crypto Exchanges are being ousted in the UK by both authorities and certain groups. However, the Financial Conduct Authority (FCA) has recently issued a permit to Crypto.com, allowing it specific crypto asset activities in the nation. Crypto.com earns FCA approval to commence specific operations while gaining Money Laundering Regulation Status. Crypto.com would be […]
The rise of crypto after the pandemic paved the way for numerous billion-dollar Web3 Crypto Projects. Amidst their growth in popularity and accessibility, various Web3 Companies and Startups also started adopting crypto blockchain technologies. While the Web3 Metaverse remains to be fully realized by them, it’s at the epicenter of the upcoming Web3 Decade. From […]