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Saturday, May 11, 2024

Crypto

Robinhood almost collapse during the “meme stock” frenzy

The House Committee on Financial Services delivered a report toward the end of last week offering a frightening look inside Robinhood during the furor around Gamestop stock early a year ago. The stock exchanging and contributing application was bushwhacked by...

Goldman Sachs downgrades Coinbase’s stock amid crypto bear market

The worldwide speculation monster - Goldman Sachs - purportedly suggested selling Coinbase (COIN) stocks is a preferable choice over holding or getting them right now. Thus, portions of the trade plunged by over 9% as the market opened to...

Cardano CEO testifies in front of congress on crypto regulation

Charles Hoskinson - CEO of Input-Output Global (IOK) and pioneer behind Cardano - vouched for the U.S. House Subcommittee on Commodity Exchanges, Energy, and Credit on Thursday. He gave congress data about the utility of blockchain, and what dependable...

Hackers stole $100 million from harmony

A programmer has taken advantage of weakness to take $100 million from Harmony's Horizon Bridge, which permits clients to move their crypto resources from one blockchain to the next. Amicability, the U.S. crypto startup behind Horizon, said in a blog...

Coinbase discontinues Coinbase Pro

Significant digital currency trade Coinbase will change the client experience on its foundation and will bit by bit stop the Coinbase Pro assistance. Independently, the organization sent off its overhauled Wallet versatile application which makes it more straightforward for clients...

Bitcoin miners sold all of their outputs in May amid market slowdown

Computerized resources zeroed in firm Arcane's most recent exploration on bitcoin excavators shows that public-exchanged organizations sold 100 percent of their mined coins in May because of declined net revenues and unstable economic situations. The selling rate definitely hopped...

Iran to cut electricity for crypto miners

Iran's relationship with the crypto mining area is an affection that can't stand one. The public authority is again limiting crypto mining action as it attempts to facilitate the stress on the nation's power supply, in spite of knowing...

Terraform Labs sued by investors

firms that make up the Luna Foundation Guard (LFG) on a claim that the litigants disregarded government protection regulations and misdirected financial backers. The offended party, Nick Patterson, recorded a claim looking for class activity status on Friday in the...

Coinbase is downsizing due to harsh crypto market outlook

Brian Armstrong - CEO of Coinbase - today declared his choice to lessen the size of the organization's group by 18%. Each Coinbase worker has now been given a letter illuminating them regarding whether they've been laid off. As per...

Bitcoin is on the verge of hitting late 2020 levels as crypto enthusiasm dips

Bitcoin (BTC) has been taking a beating in the market since its high of $64,400 in November of 2021. Currently, it’s trading at $23,174 which is way less than its all-time high. The entire crypto market has been taking...
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Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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