Cryptocurrency News

[ad_1] Crypto exchange Gemini has made the second round of layoffs seven weeks after the crypto exchange cut about 10% of its workforce, citing “turbulent market conditions.” A source in connection with TechCrunch told the publication that the layoffs were being executed due to “extreme cost-cutting.” The publication also added that there might be more […]

[ad_1] Bored Ape Yacht Club (BAYC) creator Yuga Labs has warned there may soon be a “coordinated attack” targeting multiple non-fungible token (NFT) communities. The NFT company told its Twitter followers on July 19 that its security team has been tracking a “persistent threat group” targeting the NFT community through compromised social media accounts, urging

[ad_1] Key Takeaways Senator Elizabeth Warren is leading a regulatory push to have U.S.-based crypto miners report their energy use and carbon emissions data. On Friday, she and five other Congressional Democrats sent a letter to the Environmental Protection Agency and Department of Energy, asking the agencies to consider imposing reporting requirements on crypto miners.

[ad_1] Ethereum (ETH) witnessed one of the worst market corrections in its history during the past 8 months. The world’s second-most valuable crypto asset lost more than 80% of its value in the recent crypto winter. However, ETH has bounced back in the past few days. As a result, the overall profitable supply across the

[ad_1] On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures

[ad_1] FITCHIN, a fully integrated, digital gaming ecosystem powered by blockchain, today announced that it has raised $3.5 million in its seed funding round, led by several recognized crypto natives, venture capitalists, gaming personalities, and sports icons. The FITCHIN team will utilize the funds to expand on three main focuses: infrastructure, community building, and partnerships.

[ad_1] Ethereum extended its rally above the $1,550 resistance against the US Dollar. ETH is correcting gains but dips might find bids near $1,460. Ethereum gained bullish momentum and even surpassed the $1,550 resistance. The price is now trading above $1,500 and the 100 hourly simple moving average. There is a key bullish trend line

[ad_1] Bitcoin miner Marathon Digital Holdings has announced the completion of a deal with Ethereum and altcoin mining company Applied Blockchain to secure at least 200 megawatts of energy capacity. The deal with the hosting provider comes with an option to extend the energy capacity to 270 megawatts. The announcement added that the company would

[ad_1] Celsius’s 1.7 million registered users across over 100 countries gave up title to the crypto they deposited into Earn and Borrow accounts, according to the firm’s lawyers. At the first bankruptcy hearing for Celsius on July 18, lawyers from the Kirkland law firm led by Pat Nash detailed how retail users with Earn and

[ad_1] Key Takeaways Euler Finance is a second-generation DeFi lending protocol custom built to allow permissionless lending and borrowing of long-tail crypto assets. Euler has innovated and built a number of novel DeFi features, including asset tiers, reactive interest rates, risk-adjusted borrow factors, Dutch-auction liquidations, protected collateral, and batch transactions. On Euler, anyone can create