OpenSea Lays Off Roughly 20% of Its Staff
CEO Devin Finzer blamed the move on an “unprecedented combination of crypto winter and broad macroeconomic instability.”
Celsius Acknowledges $1.2B Hole in Balance Sheet
The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.
BitSpinCasino Launches With New Crypto Betting Features
If there are two things that have a very passionate online following, it is online gambling and cryptocurrency. Since the advent of cryptocurrency in the last decade, more and more…
$3B In Bitcoin Will Be Released Into Market To Make Up For Hack
Some 137,000 Bitcoin (CRYPTO: BTC) are to be released into crypto markets from funds associated with 2011’s Mt. Gox hack. After the hack, another 850,000 Bitcoin was lost. Mt. Gox…
Bitcoin production cost decline could be a negative for price, JPMorgan says
JPMorgan Chase & Co. strategists said that Bitcoin’s (BTC) cost of production is down by almost half to $13,000 presently from $24,000 at the start of June, Bloomberg News reported…