Crypto World News
Crypto World News
Blockstream, a crypto infrastructure company, has set up an investment round that will raise “fresh funds at a lower valuation” than its previous one, which is about below $1 billion, as reported by Bloomberg. A source with knowledge of the situation who…
After Sam Bankman-Fried’s FTX cryptocurrency exchange collapsed and more than a million debtors lost money, Binance CEO Changpeng Zhao “CZ” declared him “one of the greatest fraudsters in history” in his latest Twitter thread on December 6th. He posted a…
The world’s leading Bitcoin Lightning Network-based digital payment system, Strike, has announced a partnership with Bitnob, an African payments platform, according to a press release published by Businesswire on December 6th. Through the Strike “Send Globally” feature, this cooperation intends to…
The Central Bank of Indonesia plans to accelerate the digitalization of the payment system by creating the Digital Rupiah currency, as well as expanding international payment systems, in 2023. In his speech at Bank Indonesia Annual Meeting, the Governor of…
Nexo, a cryptocurrency lending platform and exchange, announced on December 5th that it would stop offering its products and services in the U.S. after failing to reach a clear course of action with regulators. Recently, U.S. regulators have been criticized for being…
Riot Blockchain, a well-known Bitcoin (BTC) mining company, published unaudited production and operations updates for November 2022 on December 5th, revealing that it generated 521 BTC, up almost 12% from the last year’s November. According to the press release, At the end…
To reduce losses, businesses are forced to reevaluate their business plans in the bear market. Bybit co-founder and CEO Ben Zhou tweeted about intentions to cut staff as part of continuing organizational changes as the company refocuses its efforts on the worsening…
The ex-president of FTX US, Brett Harrison, is looking for investors to launch a cryptocurrency startup, barely one month after the dramatic collapse of Sam Bankman-Fried’s exchange, as reported by The Information on December 2nd. According to two persons with knowledge of the…
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Non-fungible tokens (NFTs) sales increased 13.2% in value from October, despite the fact that cryptocurrency prices fell precipitously in November as a result of the collapse of the Bahamas-based crypto exchange FTX. According to the NFT aggregation site CryptoSlam, sales…