Crypto news

Bargeld: EZB schafft den Fünfhunderter ab! Foto Wikipedia / This design is copyrighted by the European Central Bank (ECB), and its use is permitted by ECB. Der Euro-Banknotenzyklus ist für viele Menschen ein Mysterium. Während Münzen gefühlt ewig halten, zirkulieren Banknoten nur für einen begrenzten Zeitraum, bevor sie durch neue ersetzt werden. Doch wie lange bleibt ein Euro-Geldschein tatsächlich im Umlauf? Und was passiert danach? Hier ein...

While Foodpanda strives to manage its operations, its parent firm, Delivery Hero, is reportedly in early discussions with potential buyers to sell part of the food delivery business. Singapore-based food delivery company Foodpanda is conducting another round of employee layoffs as it strives for increased efficiency and adaptability. The company confirmed to CNBC that it is reducing its workforce, making it the third round of layoffs in a year. The Asian food delivery service also slashed...

Silent Eight’s software is grounded in generative AI, similar to the technology behind the viral ChatGPT chatbot. Silent Eight, led by CEO Martin Markiewicz, has made it its mission to empower financial institutions to combat financial crimes more efficiently and effectively through the use of its Artificial Intelligence (AI) software. Among Silent Eight’s distinguished clientele are global financial giants like HSBC Holdings plc (LON: HSBA), Standard Chartered PLC (LON: STAN), and First...

The defendants allegedly used their connections on the inside to ensure that their withdrawals were prioritized over those of other customers. Bankrupt crypto exchange FTX has sued former employees of its Hong Kong-based affiliate Salameda in hopes of recovering $157.3 million. According to a Thursday filing, Salameda was being controlled by the firm’s ex-CEO, Sam Bankman-Fried. New Filing against Ex-Employees of Salameda Reveals ‘Shady’ FTX Withdrawals The filing claims that 5 individuals...

Analysts believe that Bank of Japan would soon face pressure to raise interest rates and reverse from its loose monetary conditions. On Friday, September 22, Japan’s central bank decided to leave its interest rates unchanged amid “extremely high uncertainties”, and continue with its ultra-loose policy. Following its September meeting, the Bank of Japan confirmed its decision to keep short-term interest rates at -0.1%. The central bank also set a target to limit the yield on 10-year...

Bitmain’s investment represents not only a significant financial commitment but also a strategic move to fortify its partnership with Core Scientific. Bitmain, a leading manufacturer of crypto mining rigs, has announced a substantial investment of $53.9 million in Core Scientific, a major North American blockchain data center provider and digital asset miner since 2017. Core Scientific operates data centers in multiple US states and utilizes their Minder software for efficient mining...

Mehta stepped down from his role as the company’s CEO last year and following Tuesday’s IPO, will cease to serve as Executive Chairman. Online grocery delivery startup Instacart’s founder Apoorva Mehta is now a billionaire after selling 700,000 shares of the company. Mehta, 37, co-founded Instacart in 2012 and went on to grow the business to a market value of $8.8 billion following an Initial Public Offering (IPO) on Tuesday. Mehta is now reportedly worth $1.1 billion. At its peak in March...

NHN said it chose the Sui blockchain for its crypto game development thanks to its low transaction fees, fast processing time, and high scalability. South Korean mobile game developer NHN has joined the crypto bandwagon through a partnership with Mysten Labs, the owner of the Sui blockchain, to develop games for players in the industry. In an official press release dated September 21, the company’s gaming division announced its expansion into the Web3 ecosystem, joining the ranks of South...

Bitcoin cash price started a downside correction from the $225 zone against the US Dollar. The price is now trading below the $215 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $212 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $204 and $198 support levels. Bitcoin cash price is declining from the $225 zone against the US...

The popular cryptocurrency analyst using the X handle EGRAG CRYPTO believes Ripple’s native token has a chance to skyrocket to $1.40. The asset needs to close above a certain level “with undeniable confirmation” for this to happen. In the following lines, we will take a closer look at the exact conditions. XRP Has a Chance for a ‘Meteoric Rise’ EGRAG CRYPTO presented a chart depicting XRP’s current valuation and possible expansion should it enter a green bullish area. The...