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Bitpanda Sacks 730 Employees As Massive Layoffs Continue

Bitpanda Sacks 730 Employees As Massive Layoffs Continue

Bitpanda a Vienna-based bitcoin exchange has reportedly sacked 730 staff owing to adverse market conditions Peter Thiel-Backed Bitpanda Sacks 730 Staffs According to a Friday notice, Bitpanda , a Vienna-based bitcoin exchange, has sacked 730 staff owing to adverse market conditions. The trading platform, which has the support of Peter Thiel, a co-founder of PayPal, […]

Ethereum developers plan to continue with Goerli, Sepolia testnets

Ethereum developers plan to continue with Goerli, Sepolia testnets

Ethereum developers will not continue with Kiln, Ropsten, and Rinkeby but will maintain Goerli and Sepolia after the upcoming network merge Ethereum developers will shut down Ropsten, Kiln, Rinkeby After the alleged integration, the Ropsten, Kiln, and Rinkeby testnets would be shut down, according to the Ethereum core development team. Testnets are replicas of the […]

SHIB Surpasses TRX After Sudden 44% Price Spike

SHIB Surpasses TRX After Sudden 44% Price Spike

Shiba Inu (SHIB) overtook Tron (TRX) after the memecoin experienced a sudden 44% price spike in the last 24 hours SHIB Rallies Above TRX According to CoinMarketCap data, the price of meme coin Shiba Inu (SHIB) has increased by over 44% in the last 24 hours. The popular canine coin has already surpassed Tron to […]

DOGE is up by 15% after approval of Elon Musk’s Twitter takeover

DOGE is up by 15% after approval of Elon Musk's Twitter takeover

Dogecoin (DOGE) skyrocketed by 15% following the unanimous approval by the social network’s Board of Directors for Musk’s Twitter takeover Elon Musk Twitter Bid Accepted According to the New York Post, Elon Musk’s offer to buy Twitter was unanimously accepted by the social network’s Board of Directors. DOGE, which had been gaining all day on […]

BlockFi Gets $250 Million Credit Facility From FTX

BlockFi Gets $250 Million Credit Facility From FTX

BlockFi has reportedly secured a $250 million revolving credit facility from crypto exchange FTX which will bolster their balance sheet BlockFi Acquires Credit Facility From FTX The cryptocurrency lending platform BlockFi recently made the announcement that it had been granted a revolving credit facility of $250 million from the cryptocurrency exchange giant FTX. “Today we […]