1. Despite the recent market revival, several crypto companies have been forced to dismiss their employees in order to cope with the challenging economic climate. Coinbase, Kraken, Crypto.com, and Gemini are some of the well-known exchanges to have laid off staff. 2. The prolonged bear market reduced the interest in
WeiterlesenMonat: Januar 2023
Ransomware Revenue Declines in Mid-2022 as Victims Become Wary
• Chainalysis’ report shows that ransomware earnings are significantly down in 2022. • This is due to victims becoming less likely to pay attackers, as well as the introduction of more efficient ransomware defense systems. • Even though the true totals of ransomware attacks remain unknown, it’s clear that the
WeiterlesenShibarium Network to Launch Soon, SHIB Token Soars to 2-Month High
• SHIB tokens have soared to a 2-month high on the news of the upcoming launch of the Shibarium Network. • The Shibarium Network is a Layer-2 Network for the Shiba ecosystem and will provide users of SHIB, BONE, and LEASH tokens with lower gas fees. • The team did
WeiterlesenDOJ Seizes $470M in Robinhood Shares from FTX Execs
Bulletpoints: • The US Department of Justice seized $470 million in Robinhood shares from FTX Executives Sam Bankman-Fried and Gary Wang. • This seizure was in response to charges of wide-ranging fraud against Bankman-Fried and FTX. • Bankman-Fried has lost over $400 million of his Robinhood equity due to the
WeiterlesenBitcoin Attempts $17K But Stops Short, Altcoins Remain Calm
• Bitcoin tried to challenge the $17,000 mark but was stopped before having the chance to come close. • Altcoins have calmed since yesterday’s impressive gains, with the exception of Solana which continues to recover its recent losses. • The end of 2022 was untypically calm for the primary cryptocurrency,
WeiterlesenDecember 2022 Lowest Month for Crypto Thefts at Just $62 Million
• December ended as the lowest month for crypto thefts in 2022, with the industry losing just $62 million. • According to blockchain security firm CertiK, the industry suffered losses of approximately $62.2 million in December, making it the lowest monthly figure in 2022. • Blockchain intelligence firm Chainalysis disclosed
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