Huobi and Solaris crypto-to-fiat debit card launches in the EU
The Visa-backed debit card will allow Huobi users in the European Economic Area (EEA) to pay from their crypto accounts at point of sale stations globally.
Month: January 2023
Tesla cuts prices in the US and Europe by up to 20 percent
Illustration by Alex Castro / The Verge Tesla is cutting prices throughout Europe and in the US. Reuters reports that prices for a Model Y rear wheel drive have dropped by 17 percent in Germany, with cuts of 20 percent for the Model Y long range in the US. Tesla has also cut prices for … Read more
Web3 can help artists and companies manage music metadata: B2B music exec
Web3 features such as NFTs and blockchain-based systemization offer clarity and a new sense of accessibility to managing music metadata.
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Africa predicted to experience sustained funding slowdown in 2023
Africa seemed to defy the global venture funding decline in the first half of 2022 after its startups raised $3 billion, double the amount secured over a similar period the previous year. However, the VC market correction caught up with the continent in the back half of last year, when ticket sizes fell and fewer … Read more
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ARK Buys $2.5 Million in Coinbase Shares as COIN Continues Rally
Coinbase shares are up 8.5% on-week, and 20% in the last 30 days.
Bitcoin Cash Jumps 10% Ahead of Optimistic May Hard Fork
Prominent traders pointed out scheduled improvements as catalysts that may have contributed to the move.
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FTX Cleared to Sell LedgerX, Japanese Units by Bankruptcy Judge
The collapsed exchange is looking to sell off its more separable and solvent assets as it seeks to repay creditors.
‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood
Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically “gained share during turbulent times,” says ARK Invest CEO.
Third-party Twitter apps are facing issues, users say
People using third-party Twitter clients are facing a number of issues including unable to log in and access Twitter feeds. Tweetbot, Echofon, and Twitterrific, three popular third-party Twitter apps, confirmed the issues and noted that they are not sure what has triggered the glitch. Tweetbot and other clients are experiencing problems logging in to Twitter. … Read more
Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1
The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten.
Crypto.com cuts 20% jobs amid ‘unforeseeable’ industry events
Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and “unforeseeable” industry events. This is the second major layoff at the Singapore-headquartered Crypto.com, which cut 250 jobs in mid-last year — though a report suggested that more than 2,000 people were either let go … Read more
Samsung investment arm considering spot-Bitcoin ETF in Hong Kong
With the Hong Kong Stock Exchange being the only regulated exchange in Asia offering Bitcoin futures ETFs, some believe spot crypto ETF products will soon be allowed.
Crypto.com Cuts Workforce by Nearly 20%
The firm is the latest among the major crypto firms to announce layoffs.
Some third-party Twitter apps appear to be broken
There was a problem accessing your account. | Illustration by Alex Castro / The Verge Some third-party Twitter clients such as Twitterific and Tweetbot appear to be experiencing an outage, though the cause is currently unclear. Developers haven’t received any communication from the company about whether the issue is caused by a bug or something … Read more
Cardano ecosystem set to expand with custom-built sidechains
The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain.
Crypto.com CEO announces 20% staff cut, ‘did not account’ for FTX collapse
“While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds. “
800 victims of ‘massive’ Bitconnect fraud to receive $17M restitution
The millions will be distributed among the select number of victims, but thousands more were impacted by the $2.4 billion fraudulent scheme.
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