Approximately 90 staff have been let go by the Brazilian crypto unicorn 2TM, citing 'Crypto Winter' or the prolonged period of flat trading following a price collapse, sources with knowledge of the matter said. 2TM is the investment firm for Mercado Bitcoin, the biggest cryptocurrency exchange in Brazil based on market capitalization. The layoffs represent 12 percent of the company's overall headcount....
BlockQuake, a New York-based cryptocurrency exchange and fintech firm, announces its Zero-Fee Crypto Trading offer which allows users to trade $100,000 in a year without incurring fees. This lifetime offer stands for the first million purchasers of the company's native token, QuakeCoin. And this move makes BlockQuake the first US FinCen (Financial Crimes Enforcement Network) registered...
The Middle East has risen to prominence as a favored location for cryptocurrency exchanges, with Kraken becoming the latest to be granted a license by the Abu Dhabi Global Market (ADGM). Kraken is the first worldwide virtual asset exchange group to get a complete financial license from the ADGM in the United Arab Emirates, the company claimed. Kraken MENA's (Middle East and North...
Ray Youssef, the CEO of bitcoin exchange Paxful, is traveling the world to enable global entrepreneurs with the power of peer-to-peer collaboration.Ray Youssef and his bitcoin exchange Paxful are changing the world one sovereign entrepreneur at a time. We may even look back in ten years and realize that Youssef and his team spawned an entirely new and bespoke category of entrepreneur...
The Bitcoin-only fintech gaming company, ZEBEDEE, has partnered with bitcoin exchange Bipa to allow instant conversion off-ramps for Brazilian real through Lightning.ZEBEDEE partners with Lightning-enabled bitcoin exchange Bipa allowing players to instantly convert earned BTC into Brazil’s national currency. Brazil makes up 30% of ZEBEDEE activity, making it the obvious choice for launching...
Federal authorities tracked down and seized more than 94,000 bitcoin allegedly stolen from Bitfinex. But how did they get their hands on the pseudonymous funds?The U.S. Department of Justice (DOJ) announced in a February 2022 statement that it had successfully seized the majority of the bitcoin...
Swan said it expects the collaborative initiative, Bitcoin Canon, to become the go-to destination for learning about Bitcoin.Swan Bitcoin has announced Bitcoin Canon, a new platform of educational Bitcoin content curated by Bitcoiners to bring high-quality information to the masses.“Over the years, we have seen the educational resources in the Bitcoin space grow in both quality and quantity,” Swan’s VP of...
FTX continues it's run of sports partnerships. Last week, the exchange broke ground as Major League Baseball's first 'Official Crypto Partner'. Earlier this month, FTX teamed up with leading esports organization TSM in...
Formula 1 has been growing in popularity lately. In fact, the US audience has found substantial traction this year in a sport that has historically been more popular in Europe and Asia. ESPN TV ratings for F1 are up 50% from last year, and up 36% from 2019. F1 recently renewed it's partnership with online retailer Fanatics, as merchandise sales jump 40% globally...
One of China's oldest crypto exhcanges has shut down its Bitcoin business as crackdowns continue in the nation. BTCChina Exits Bitcoin Business Huang Xiaoyu and Yang Linke founded BTCChina back in 2011. According to a report by South China Morning post,...
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Snowden Sees Stimulus Has A Good Boost For Biitcoin Edward Snowden, a 37-year-old former computer intelligence consultant for the National Security Agency (NSA) and contractor for the Central Intelligence Agency (CIA), has remarked...
Indian law enforcement agency has arrested a 26-year old hacker from Bengaluru Karnataka for stealing nearly 9 crore INR worth of Bitcoin equivalent to about USD 1.2 million from three different exchanges and Poker website, as per news reported by ANI. The investigation against the accused was led by the Bengaluru Joint Commissioner Of Police The post Crypto India: Indian Cops Arrest 26-year...
Crypto exchange platform bitFlyer is set to introduce a new trading fee structure for users that places the company as having the cheapest trading cost charges in the United States. With retail and institutional interest in cryptocurrencies on a high, the move could see bitFlyer claiming an even largest percentage of the market. Amid the [...] The post BitFlyer Set to Roll-out Discounted...
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