FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock
Court filings present that debtors from FTX Trading Ltd. and Alameda Research need 56 million shares of Robinhood inventory frozen after a number of collectors...
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
19 days in the past, usd coin (USDC), the second largest stablecoin by market capitalization, had an total valuation of round $48.82 billion and since...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
On Thursday, on the Converge22 occasion in San Francisco, Circle introduced the acquisition of the cost orchestration firm Elements. Circle defined that the acquisition consists...
Robinhood and Circle Partner to Let Exchange and Wallet Users Utilize the Stablecoin USDC
After Robinhood Markets launched the corporate’s beta Web3 pockets on Tuesday and listed the stablecoin usd coin on the change platform Robinhood Crypto final week,...
Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
Just over two months or roughly 83 days in the past, the stablecoin usd coin (USDC) had a market valuation of round $55.52 billion and...
Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon
The American monetary companies firm headquartered in Menlo Park, California, Robinhood Markets, Inc., introduced the launch of a brand new non-custodial Web3 crypto pockets on...
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
The largest non-fungible token (NFT) market by commerce quantity, Opensea, has introduced the corporate has let 20% of its employees go after CEO Devin Finzer...
Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
Following the over-the-counter (OTC) agency’s Twitter thread on June 14, Cumberland defined on July 5 that “rangebound worth motion belies a risky image under the...
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise
The digital foreign money agency Etoro has revealed it’s shedding 100 employees or roughly 6% of the corporate’s workforce. Furthermore, Etoro disclosed that the corporate...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
As digital foreign money costs have slid considerably in worth through the previous few months, the bear market cycle is beginning to take its toll...