Bitcoin miners sell their holdings amid crypto winter’s chill

A small toy figure and representations of the virtual currency bitcoin stand on a motherboard in this picture illustration taken May 20, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register June 27 (Reuters) – Bitcoin miners have been forced to tap into their cryptocurrency stashes as a plunge in prices, … Baca Selengkapnya

Layer Three Ventures Announces $30M Web3 Crypto Fund and

SAN FRANCISCO, June 27, 2022 (GLOBE NEWSWIRE) — With strategic and eco-system partners Near Nordic, Klint, and Growth Secrets, the pre-seed fund aims to support utility-focused decentralized applications (Dapps) across a variety of industries. What is Web3?Web3 refers to blockchain technology and its fundamentals as they relate to decentralization and token-based economics. The Layer Three … Baca Selengkapnya

Explainer: Can crypto holders recoup losses in court?

Representations of virtual cryptocurrencies are placed on U.S. Dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register June 24 (Reuters) – A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. … Baca Selengkapnya

Does Crypto Put In Danger The Global Payment Systems?

Fast and simple payments are only two of the many advantages that crypto assets provide. Financial services that are cutting-edge in nature, access to previously “unbanked” regions of the globe – the crypto-ecosystem enables all of this. However, it should be stated that apart from the benefits that are typical of digital assets, they are … Baca Selengkapnya

Financial watchdogs should do more to protect crypto investors, Swiss regulator says

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, June 22 (Reuters) – Cryptocurrency trading increasingly resembles the U.S. stock market of the late 1920s, Switzerland’s top market … Baca Selengkapnya

Crypto giant Tether to launch sterling-pegged stablecoin

Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 22 (Reuters) – Major crypto firm Tether said on Wednesday it will launch next month a “stablecoin” pegged to the British pound, a … Baca Selengkapnya

Crypto’s latest meltdown leaves punters bruised and bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius, said Fong, a 29-year civil aerospace worker who … Baca Selengkapnya

Cryptoverse: Crypto lenders face a DeFi drubbing

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register June 21 (Reuters) – Crypto lending may not be down and out, but it’s certainly on the ropes. Crypto lenders have boomed over … Baca Selengkapnya

FTX, other crypto firms ditch sports deals as market collapses

Cryptocurrency companies poured billions of dollars into sports sponsorships in 2021 — but this year’s downturn has made the flood of cash dry up, The Post has learned.  As a so-called “crypto winter” takes hold and companies look to trim costs, firms that splurged heavily on sports deals last year are now looking to cut … Baca Selengkapnya

Coinbase terminates 1,100 employees following 25,000 tech sector layoffs since May

The US-based cryptocurrency exchange company Coinbase announced mass layoffs and cut over 18 percent of its workforce on Tuesday after it abruptly locked out employees from their work systems. More than 25,000 tech workers have also been laid off since May as the stock market bubble continues to burst. On Tuesday, Coinbase CEO Brian Armstrong … Baca Selengkapnya