Month: October 2024

Swiss-based decentralized trading platform dYdX has announced a 35% reduction in its core workforce. Platform CEO Antonio Juliano initially shared the news in a brief post on X, calling the decision “sad” while promising to provide more measured reasoning for the action later. A Leaner dYdX In the social media...

Swiss-based decentralized trading platform dYdX has announced a 35% reduction in its core workforce. Platform CEO Antonio Juliano initially shared the news in a brief post on X, calling the decision “sad” while promising to provide more measured reasoning for the action later. A Leaner dYdX In the social media...

Nishad Singh, the former FTX head of engineering, was sentenced to time served and three years of supervised release. He avoided further prison for his role in the multibillion-dollar fraud at the collapsed cryptocurrency exchange. Singh, sentenced by Judge Lewis A. Kaplan in New York, also faces an $11 billion...

TL;DR Analysts share optimistic BTC price predictions. One trader thinks a parabolic increase of $300K is possible sometime next year. The US presidential election on November 5 may drive BTC volatility due to candidates’ contrasting crypto policies. New Peak Under This Condition Bitcoin’s price has been one of the hottest...

A recent investigation has linked popular YouTube personality James Stephen Donaldson, better known as MrBeast, to over $23 million in alleged profits from various cryptocurrency trades that may involve insider trading. According to a report by advisory firm Loock.io, a group of on-chain investigators claims that MrBeast and his influencer...

BlackRock’s iShares Bitcoin Trust (IBIT) attracted a record-breaking $872 million in inflows on October 30th. The latest figure marks the highest single-day inflow since the fund launched in January. This surge came just a day after IBIT’s daily trading volume surged to $3.35 billion, reaching its highest level in more...

The former CEO and founder of the world’s largest cryptocurrency exchange has no plans to retake the chief role at the company he ran for seven years. He revealed future plans about himself and the industry as a whole during the current Binance Blockchain Week in Dubai. Live from @binance...

[PRESS RELEASE – Victoria, Seychelles, October 31st, 2024] Bitget, the leading crypto exchange and Web3 company, has been selected as a finalist in the Digital Currency Exchange (DCE) of the Year category at Australia’s 2024 Blockies Awards. Only 12 finalists were announced for this competitive category among more than 400 registered...

Speaking at the current Binance Blockchain Week in Dubai, the CEO of Circle, the issuer of the second-largest stablecoin, expressed optimism regarding global regulation toward the sector. He also asserted that people would prefer privately-issued stablecoins over government-launched CBDCs, which has been evident in China. Allaire spoke a lot about...

Despite failing to break its March 2024 all-time high of $73,740, bitcoin still stands tall, close to that level, and its dominance over the altcoins has soared to a new multi-year peak. This comes as most altcoins have struggled in the past 24 hours, charting minor losses. BTC Dominance on...