Crypto Lending Company Blockfi Cuts Staff by 20%
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying
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US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible
US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021
The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams since the
Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized
On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s
Finder’s Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030
A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2,
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins.
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k)
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale