Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff as Crypto Bear Market Takes Another Casualty
The news comes the same day crypto exchange Coinbase said it was cutting almost 20% of its workforce.
Read MorePoor Bitcoin Market Liquidity Keeps Crypto Whales at Bay
Poor liquidity means large buy and sell orders can significantly impact the cryptocurrency’s price.
Read MoreBonk Inu to Mint NFTs on Solana-Based Marketplace Magic Eden. But There’s a Catch
A representative told CoinDesk that all BONK tokens used to mint the NFTs will be permanently burned.
Read MoreBernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering
Altcoins such as solana and lido have gained more than 20% as investors betting on a decline covered their positions, the report said.
Read MoreCoinbase Cuts Around 20% of Workforce as Crypto Winter Rages
Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end
Read MoreBitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech
“There is much interest in whether Chair Powell, who speaks at a Riksbank event, uses the opportunity to underscore the December minutes, which pushed back against the easing of financial
Read MoreDeFi Protocol Yearn Finance Will Let Anyone Create Curve Reward Farms
Yearn was among the first yield aggregators in the now-mature decentralized finance ecosystem.
Read MoreFirst Mover Americas: Another FTX Insider Is Talking, Bloomberg Says
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto
Read MoreUK ‘Fully Behind’ Stablecoin for Wholesale Settlements, Treasury Official Says
Crypto technology could “turbocharge all of those (financial) industries,” Economic Secretary to the Treasury Andrew Griffith said in a meeting.
Read MoreGemini’s Cameron Winklevoss Calls For Barry Silbert’s Ouster From DCG
Winklevoss, on behalf of Gemini, called for Silbert’s removal for his involvement in the disagreement between Genesis and its creditors.
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