Huobi to lay off 20% of employees, Justin Sun confirms rumors
Crypto Industry NewsHTTRX
Huobi to lay off 20% of employees, Justin Sun denies rumors

Amid rumors of possible insolvency, the Huobi crypto exchange plans to lay off 20% of its workforce, an official confirmed to Reuters. On January 6, Huobi stated: The planned layoff ratio is about 20%, but it is not implemented now. With the current state of the bear market, a very lean team will be maintained […]

06.01.2023 11:192 min read
Silvergate cuts off 200 jobs to cover last year's net losses
Business News
Silvergate cuts off 200 jobs to cover last year’s net losses

Fintech company primarily providing services for cryptocurrency businesses cut nearly 40% of its workforce to cover $8.1 billion of customers’ withdrawals. As reported by the Wall Street Journal, the company’s decision is primarily related to FTX and BlockFi collapses. Yet, back then, the crypto bank reassured its users that the exposure to both bankrupt firms […]

05.01.2023 15:202 min read
Grayscale ETH trust sinks to 60% all-time low, GBTC to 45%
Crypto Industry News
Grayscale ETH trust sinks to 60% all-time low, GBTC to 45%

As concerns widen around its parent company, Digital Currency Group, Grayscale’s Ethereum and Bitcoin trusts have fallen to record discounts. The Grayscale Ethereum Trust (ETHE) is currently trading at a significant discount of almost 60% to the value of its underlying assets. This follows a 93% decline in share value from its all-time high in […]

04.01.2023 14:522 min read
Half of 2022 NFT volume is wash trades
NFT NewsEthereum
Half of 2022 NFT volume is wash trades

New research by hildobby, an anonymous data analyst for DragonFly and Dune, has shown that up to 80% of trades in January 2022 were wash trades. As you can see from Dune Analytics’ data table, the record increase in turnover in January this year was due to interest in NFTs and wash trades. January trading […]

22.12.2022 11:272 min read
NFT Show Europe logo
ConferencesEthereum
NFT Show Europe 2023

NFT Show Europe is a leading conference to bring together web3, digital art, blockchain, and metaverse experts. This experience mesmerizes visitors with a world of experimental and interactive art and primes a perfect networking scenario. NFT Show Europe is building a stunning world-class show for the second edition, happening again in Valencia, Spain. This time […]

02.12.2022 15:012 min read
Blockchain Expo North America 2023 logo
ConferencesEthereum
Blockchain Expo North America 2023

Blockchain Expo North America will return to Santa Clara on May 17-18, 2023. Blockchain Expo is a technology conference and expo that will feature leading discussions and top-level content covering all the latest developments in the blockchain ecosystem. Don’t miss the opportunity to explore blockchain technology and its impact on various industries, including manufacturing, transportation, […]

01.12.2022 15:232 min read
Blockchain Economy Dubai Summit logo
ConferencesEthereum
Blockchain Economy Dubai Summit 2023

Blockchain Summit is a highly anticipated event of great social networking and educational value. With a top of fun. Take a look at past Blockchain Economy Dubai Summit 2022 numbers: âś… 74 Countries âś… 3,000+ Attendees Registered âś… 110 Journalists âś… 650+ Projects Captured âś… 17,211 hrs Content Watched This time, the stakes are even […]

30.11.2022 14:582 min read
Chainlink logo
Tech UpdatesLINK
Chainlink Staking V0.1 Launch

Chainlink Staking (v0.1) beta will launch on the Ethereum mainnet on December 6. Addresses that qualify for Early Access will have the opportunity to stake up to 7,000 LINK in the v0.1 staking pool. The v0.1 staking pool will be open for public access two days later, on December 8, 2022. At that time, anyone […]

29.11.2022 15:272 min read
SCOOP Art Basel Miami 2022
ExhibitionsEthereum
SCOPE Art Basel Miami 2022

Having held more than 85 art exhibitions in 20 years, the SCOPE Art Show exhibited in Miami, New York, and Basel is considered a leading showcase for international contemporary art and multidisciplinary creative programs. Known for its exceptional ability to predict new visual trends that find global acclaim, SCOPE has received widespread critical acclaim, with […]

28.11.2022 15:202 min read
Bitcoin mining is in its lowest since Nov. 2020
Mining NewsBitcoin
Bitcoin mining revenue at its lowest since 2020

Although bitcoin price correlates directly with the BTC mining industry, miners’ revenues have reached an all-time low since November 2020. According to data from Blockchain.com, total bitcoin mining revenue fell to $14.35M, last seen on Nov. 6, 2020, when bitcoin was trading at around $13,5K. Although bitcoin is currently trading around $16,5K, which suggests an […]

28.11.2022 13:592 min read
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