Bitget Announces Strategic Investment in Indian Startups
Bitget proclaims its intention to allocate millions of dollars towards startups based in India as part of the Blockchain for Youth (B4Y) initiative. On Nov. 7th, Bitget, an esteemed platform for copy trading and cryptocurrency derivatives, surprisingly revealed its strategic investment strategy in the rapidly expanding blockchain startup sector of India. The Blockchain for Youth (B4Y) […]
Ava Labs Lays Off 12% Workforce to Fund Growth
Ava Labs CEO Emin Gün Sirer emphasized that the company is well-positioned with ample runway and resources at its disposal. The developer of the Avalanche Blockchain, Ava Labs, has verified that in a recent round of staff reductions, it terminated 12% of its workforce, citing the need to reallocate resources. Emin Gün Sirer, the company’s […]
Crypto Exchange OKX to Delist 26 Trading Pairs
A number of trading pairs, notably BTM, which experienced a 32% decline have been delisted by OKX. With reference to tight listing criteria and ongoing performance monitoring, prominent cryptocurrency exchange OKX stated that it was delisting over 20 trading pairs. This measure will impact many trading pairs across many cryptocurrencies and involves suspending deposits and […]
Lawmaker Suggests Lowering SEC Chief Gary Gensler’s Pay to $1
The proposal to significantly reduce funding for the SEC and other government agencies is outlined in the Financial Services and General Government bill. A lawmaker from the United States proposes that Gary Gensler, the chairman of the Securities and Exchange Commission, be remunerated at a rate of $1 per annum. In a proposed amendment to […]
DZ Bank Launches Digital Asset Custody Platform
Germany’s DZ Bank AG has unveiled a blockchain-based platform for digital assets processing and custody, including Siemens’ crypto bond. DZ Bank, Germany’s second-biggest bank, has introduced a unique service aimed at institutional customers for protecting cryptocurrency holdings. The blockchain company Ripple’s Metaco Harmonize platform will be utilized to its full potential by this service. This […]