Crypto Exchange Bybit to Lay Off 30% of Its Work Force in ‘Deepening Bear Market’
Bybit CEO Ben Zhou said the company is currently refocusing and reorganizing to stay afloat during the crypto winter.... Read more.
Avalance (AVAX) DEX Trader Joe (JOE) to Deploy on Ethereum’s Arbitrum in First Expansion Move
The decentralized exchange will deploy its Liquidity Book automated market maker (AMM) and Joe V1 in the next month.... Read more.
MakerDAO (MKR) Votes to Increase DAI Rewards from 0.01% to 1%
MakerDAO has voted in favor of a proposal to increase its flagship stablecoin DAI rewards from 0.01% to 1%.... Read more.
ECB Blasts Bitcoin (BTC), Says It’s on Road to Irrelevance
Ulrich Bindseil and Jürgen Schaaf said that Bitcoin has failed at replacing or even improving traditional monetary and financial system.... Read more.
Uniswap (UNI) Launches NFT Marketplace Aggregator, Airdrops $5M
The decentralized exchange’s aggregator supports the largest NFT marketplaces like OpenSea, X2Y2, LooksRare, and others.... Read more.
Kraken to Cut 30% of Its Global Workforce as Crypto Layoffs Intensify
The centralized exchange is firing around 1,100 of its employees around the world.... Read more.
Ethereum Founder Vitalik Buterin Bashes Governance Token Speculation, Calls it “Pathological”
Ethereum founder Vitalik Buterin has offered some criticism for those speculating with governance tokens.... Read more.
MakerDAO (MKR) Rejects Proposal to Invest Up to $500M in Bonds, Votes on Increasing DAI Rewards
Almost 73% voted against CoinShares’ proposal to invest $100-$500 million in U.S. bonds.... Read more.
Crypto Twitter Freaks Out over KuCoin’s 300% BTC Yield, Exchange Explains How it is Generated
Centralized exchange said that this is how its dual investment products work and that there’s nothing to be afraid of.... Read more.
Silvergate (SI) Says It Has Less Than $20M of BlockFi Deposit Exposure
The crypto bank said that BlockFi is not a custodian of its Bitcoin-collateralized SEN leverage loans.... Read more.