Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Jan 31, 2023

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last 134 days. Ethereum Classic Loses Luster After The Merge Ethereum Classic (ETC) was the center of attention just ...read more

ASIC Had FTX Australia Under Surveillance Before Collapse

Jan 31, 2023

The Australian financial market regulator ASIC was suspicious about the activities of the local subsidiary of FTX from at least six months before the collapse of the cryptocurrency exchange in November.ASIC Had FTX Australia Under SurveillanceAccording to documents gathered by Guardian Australia, the Australian Securities and Investments Commission (ASIC) was concerned about the operations of FTX Australia, which obtained an Australian Financial Services (AFS) license by acquiring a local financ ...read more

Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures 

Jan 31, 2023

A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big Brain Holdings. Vest Aims to Revolutionize Defi Perpetuals With Cutting-Edge Risk-Engine and Backing From Prominent Investment Firms The creators of a new dex p ...read more

Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Within Web3 Organizations in Europe

Jan 31, 2023

press release PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Mastercard, to accelerate DeFi card issuance in Europe. Mastercard and Unbanked have already established a footprint in the United Kingdom and Europe and solidified relationships with leading Web3 organizations to launch card programs with a focus on innovation in the payments space. Through this i ...read more

What’s Next For Solana As Bulls Face Rejection At $25?

Jan 31, 2023

The Solana price has been trading extremely close to its immediate price ceiling of $25, and the coin has been struggling below the level above. SOL price moved smoothly from the $20 mark to $26, but the bulls got tired at $26, which caused the coin to dip 7.7% on the daily chart. Over the last week, SOL has noted no considerable price movement. The technical outlook for SOL indicated that the price was inclining toward bullish momentum. Demand for the altcoin was still upbeat despite a downward ...read more

Biggest Movers: MATIC Retreats From 12-Week High on Monday

Jan 31, 2023

Polygon retreated from a multi-month high to start the week, as traders moved in to secure recent gains. Chainlink also moved lower, as prices were unable to break out of a key resistance level. Market sentiment in cryptocurrencies shifted today, with the global market cap trading 2.11% lower as of writing. Polygon (MATIC) Polygon (MATIC) was one of Monday’s most notable movers, with prices retreating from recent gains. MATIC/USD slipped to an intraday bottom of $1.11 to start the week, ...read more

Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’

Jan 30, 2023

Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst Attributes Bitcoin’s Rise to Shift in Investor Expectations Records show bitcoin (BTC) saw significant value growth in the first month of 2023, with a 39 ...read more

Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

Jan 30, 2023

Per a report from the Financial Times (FT), Twitter has been trying to find new sources of revenue, and crypto and Dogecoin (DOGE) could be part of a new strategy to achieve this objective. The company has submitted petitions for regulatory licenses in the United States to “turnaround the business.” Related Reading: Bitcoin Volatility Ahead? Open Interest Registers Sharp Jump Last year, Musk acquired Twitter in a multi-billion-dollar deal. Since then, many advertisers have left the platform, ...read more

Recruiting Agencies in Japan Are Turning to the Metaverse

Jan 30, 2023

The metaverse is making inroads in job recruiting fronts in Japan. According to local reports, a mega metaverse job fair was organized on Jan. 27, with more than 2,000 students taking part in the experience. The students used avatars to communicate and review the job previews available in different booths controlled by several companies. Japan Embraces the Metaverse for Recruiting Metaverse tech is starting to change the landscape of job hunting and recruiting in Japan. More than 2,000 stu ...read more

Bitget Announces Winners of Hero Trader Awards 2022

Jan 30, 2023

press release PRESS RELEASE. VICTORIA, Seychelles — Bitget, a leading cryptocurrency derivatives exchange, has announced the winners and conclusion of its Hero Trader Awards 2022 competition. The event was organized to select the best 15 copy traders with high moral standards and professional qualities through community voting. The Hero Trader Awards 2022 commemorated the advancement of copy trading based on transaction data from Bitget’s One-Click Copy Trade in 2022, which was used ...read more

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