Crypto news

Defunct crypto exchange FTX expects to pay its customers and creditors back “in full” after the company’s collapse over a year ago left counterparties billions of dollars in the hole. Given its optimistic projections, the team overseeing the bankruptcy has also dropped plans to potentially relaunch the exchange. FTX Plans A Full Asset Recovery During a Wednesday court hearing, FTX lawyer Andrew Dietderich told the judge overseeing the case that 100% repayment still isn’t a...

Alex Chriss, the CEO of payment company Paypal, announced to the staff on Tuesday that an additional 9% of the workforce, approximately 2,500 positions, will be cut. The development follows PayPal’s decision to reduce its headcount by around 2,000 in January of the previous year. Paypal Further Reduces Workforce In a letter, the newly appointed CEO explained that the company’s decision to cut its workforce, including direct cuts and the elimination of open roles, is part of...

After encountering a significant rejection at the $48K resistance level, Bitcoin has recently discovered support near the crucial 100-day moving average, prompting a slight retracement. However, if a pullback materializes, the most likely scenario would involve a renewed bearish leg, targeting significant support at $38K. Technical Analysis By Shayan The Daily Chart Upon analyzing the daily chart, it becomes apparent that following Bitcoin’s recent setback from the pivotal...

[PRESS RELEASE – SAN FRANCISCO AND SEOUL, United States, South Korea, January 31st, 2024] Deal Marks a Broad Strategic Partnership for Netmarble’s Web3 Arm with a Layer-1 Protocol for technology and go-to-market collaboration in web3 gaming. Saga, a leading Layer-1 protocol and developer ecosystem in web3, and MARBLEX, a gaming-focused blockchain by Netmarble Corp., announced a strategic partnership today. Their comprehensive collaboration is expected to empower MARBLEX to...

[PRESS RELEASE – Hanoi, Vietnam, January 31st, 2024] Heroes of Mavia, a groundbreaking Web3 AAA mobile base builder strategy game, is now available on iOS and Android app stores. This launch marks a new era in gaming, merging the thrill of strategy gameplay with the innovative aspects of Web3 technology. After a successful private beta period of three months, which attracted over 350,000 waitlisted enthusiasts and showcased impressive engagement statistics such as 12k daily...

The highly-anticipated Dencun upgrade of Ethereum was successfully deployed on the Sepolia testnet on Jan. 30. This marks the second deployment out of three planned testnet launches, bringing the Ethereum community one step closer to embracing the features of Dencun. Smooth Sailing on Sepolia Testnet Terence Tsao, from Prysmatic Labs, the team behind the Prysm Ethereum client, announced the achievement on Jan. 30, stating, “Sepolia has finalized. Sorry for an uneventful...

Robert Kiyosaki, renowned for his book “Rich Dad Poor Dad,” is gaining attention for his strong endorsement of Bitcoin (BTC). The author positions Bitcoin as a key defense against what he perceives as systematic wealth erosion orchestrated by institutions such as the Federal Reserve, Treasury, and Wall Street bankers. Why Kiyosaki Owns Bitcoin In his recent post on X, Kiyosaki emphasized his investment strategy, favoring Bitcoin over traditional assets like stocks, bonds, and...

CoinspeakerSolana Bulls Back in Charge: Increased Network Activities, JUP Token Launch, Whales Drive Momentum SOL price has started moving upwards after hitting a low point on January 23rd at around $79. It then rallied to $104, but it is currently experiencing some declines. Solana Bulls Back in Charge: Increased Network Activities, JUP Token Launch, Whales Drive Momentum

CoinspeakerVitalik Buterin Reflects on His Role in Crypto and Need for New Hands Buterin shared insights into his evolving thought process, explaining that his focus has shifted away from crypto-focused economics. Vitalik Buterin Reflects on His Role in Crypto and Need for New Hands

Worldcoin’s legal problems are far from over. Spearheaded by OpenAI, Sam Altman’s Worldcoin initiative continues to find itself embroiled in a privacy controversy as reports emerge of a probe launched by Hong Kong’s data protection authority. HKET, a local media outlet, disclosed that six Worldcoin booths were subjected to investigation under a court warrant, with authorities requesting pertinent documents and information. Worldcoin’s Data Handling Practices Under...