Crypto Companies Are Back to Laying Off Employees
As the bear market began to lighten up in November, crypto companies started the month by conducting widespread layoffs of employees....
Companies
Latest news about Companies
With the growth of cryptocurrencies, new companies have appeared looking to develop new technology in this growing market. From Exchanges to technology developers, more and more are joining this new world.
In fact, even traditional companies in sectors such as fashion, real estate, automobiles and even gastronomy are joining blockchain technology to take advantage of all its benefits.
In The Cryptocurrency Post we have the latest news about companies and how they are expanding in the blockchain world.
Dogecoin Falls More Than 8% as Twitter is Sued for Massive Layoffs
Elon Musk’s move to fire 3,700 employees prompted a class-action lawsuit against Twitter; unsurprisingly, this action has had an impact on the price of Dogecoin...
Binance Considers Buying a Bank
The leading cryptocurrency exchange in the world, Binance, is stepping up its efforts as it considers purchasing a traditional bank to bridge the gap between...
$3 Million Stolen from Skyward Finance
A security attack cost Skyward Finance, an open-source launchpad built on the NEAR chain, 1.1 million NEAR tokens (about 3 million US dollars). Aurora Lab’s...
Deribit Crypto Exchange Suffers $28 Million Hack
Deribit, the leading cryptocurrency options exchange by market share, has joined the list of hacked cryptocurrency companies. According to the firm, one of its hot wallets...
Is Bitcoin Miner Core Scientific At the Brink of Bankruptcy?
by Jai Hamid
According to recent reports, Bitcoin mining company Core Scientific is mulling over the possibility of filing for bankruptcy as a result of a portion of...
Report: Celsius Network Undergoes Ponzi Scheme Investigation
A bankruptcy court has initiated an examination into Celsius Network LLC’s business operations, whether it operated as a Ponzi scheme, according to the Wall Street...
Binance CEO Seeks To Bring Twitter Into Web3
Changpeng Zhao, also known as “CZ,” the founder and CEO of Binance, the world’s largest cryptocurrency exchange by transaction volume, has stated his willingness to...
Hodlnaut Crypto Firm Lost $190M in Terra Crash, Reportedly Deleted Proofs
The troubled Singaporean cryptocurrency lending company Hodlnaut lost almost $190 million as a result of its exposure to Terra’s algorithmic stablecoin UST, according to recent...
Elon Musk’s Twitter Takeover Received $500M From Binance
by Jai Hamid
Binance CEO Changpeng “CZ” Zhao said that the business fulfilled its pledge to provide funding in the amount of $500 million to support Elon Musk’s purchase...