Several significant occurrences this year have prompted crypto markets to spin and investors to question the industry's trustworthiness.
The popular Nigerian startup crypto company known as Quidax has laid off 20 of its employees reducing its labor force by 25%.
Brian Armstrong made a strong claim that FTX was involved in "conflicts of interest between deeply intertwined entities."
Huobi refers to the pGala token as a meme coin and rewards users with a trading contest.
One of South Korea's largest cryptocurrency exchanges, Bithumb, remains in the news as concerns over the company's ownership structure spread across the country.
The main disadvantage of cryptocurrency is the risk of loss, which is even more difficult to manage when your coins are held by a cryptocurrency company. The two major crypto trading platforms, Voyager and Celsius, declared bankruptcy in July 2022. But how does this affect investors?
MEXC, Gate Exchange, and BitMEX have all come out in support of ETH hard forks. Hard forks are not supported by Chainlink or the Digital Currency Group. Some are pushing against the merge by advertising for a potential "ETH PoW" chain post-upgrade.
He Yi has been a crucial part of the Binance success story since its inception. She will help build on the strides of Binance Labs, which has a sterling record of 2,100% growth. Part of her first assignment will be allocating the proceeds of the $500 million fund raised in June.
Many jurisdictions around the world are now interacting in various ways with the digital currency ecosystem. Among the Gulf nations, Dubai is one of the most active influencers.
The president of Ava Labs sees an increased interest in DeFi among institutional investors, and turning assets like bonds into tokens.
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