Is USD Coin posing threat to stablecoin king, Tether?
It is a known fact that Bitcoin rules the crypto market. Tether, nonetheless, assumes authority in the stablecoin kingdom. In terms of market capitalization, the gap between the king-coin and…
Coinbase to slow hiring and expansion due to market downturn
Coinbase announced today that it will slow its hiring process this year and reassess its headcount as it struggles with the market downturn. Emilie Choi, the president and COO of…
Here’s how Terra disrupted crypto regulations across the globe
Terra along with its stablecoin UST destabilized the entire crypto market. The de-pegging of UST caused an immense loss. Several individuals across the globe claimed to have lost their life…
‘Fork NO:’ 92% Of Terra (LUNA) Crypto Community Against New Chain
A vast majority of the Terra (CRYPTO: LUNA) community is opposed to forking the existing blockchain. What Happened: According to a snapshot of the Revival Plan V2 preliminary vote, 92%…
Coinbase Plans To Slow Hiring Amid Crypto Market Downturn
Major crypto exchange Coinbase Global Inc (NASDAQ: COIN) plans to slow hiring in the wake of rapidly declining cryptocurrency prices. What Happened: In an announcement on Tuesday, Coinbase said it…
As NFT Art & Avatars Diverge, Tezos Will Emerge
Crypto influencer Snoop Dogg believes that the world of non-fungible tokens is on the path of divergence, and that NFTs will soon emerge as a new kind of digital canvas…
Aave price risks a 25% plunge as a classic bearish reversal pattern emerges
A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off.
India to “Reverse Tax” Crypto investments via Foreign Exchanges; Details
Apart from the already heavily weighted tax regime on cryptos, the Government of India is considering imposing a “reverse charge” on virtual digital asset investments made through foreign platforms. A…