CoinFLEX Fires More Than 50% of its Employees
The company has announced it expects a 60% reduction in operating costs.
Tether Intends to Cut Down Commercial Paper Holdings
Its issuer has promised to reduce the share of commercial paper from the current $3.7 billion no later than November.
The UK Might Consider Cryptos as a New Sort of Property
The UK Legal Commission has advocated for the recognition of non-fungible tokens (NFTs) and digital currencies as a new type of property.
Average Number of Daily Transactions on Ethereum Network Hits 1.64 Million
Activity on the Ethereum blockchain rose to a record level on Wednesday.
International Monetary Fund: Current Crypto Market Crash Will Not Undermine World’s Financial Stability
The IMF believes the fall of the crypto market will not be able to affect the stability of the global financial sector.
US Treasury Thinks Kraken Has Violated Iran Sanctions
The US authorities have launched an investigation into the activities of crypto exchange Kraken.
Whales Are Increasingly Investing in Shiba Inu
Meme cryptocurrency Shiba Inu (SHIB) is one of the most popular tokens among Ethereum whales.
Celsius Plans to Hire Former CFO to Advise on Bankruptcy Proceedings
The crypto lending platform has filed a petition to hire ex-CFO Rod Bolger as an advisor in the bankruptcy proceedings.
Chinese Authorities: We Will Ensure Confidentiality of Transactions with Digital Yuan
Transactions with the yuan will be confidential except in certain cases.
KuCoin CEO Believes Indian Market Has Great Potential
KuCoin CEO believes India still retains the status of one of the most promising markets.
