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Tag Archives: News

Blockchain and Web3 Firm Protocol Labs Joins “Layoff Ranks”

Protocol Labs – an early pioneer of blockchain and web3 technology – has let go of more than 89 people, which amounts to roughly one-fifth of its present staff count. Protocol Labs Is Letting Go of A Ton of People The firm is backed by financial players like Andreesen Horowitz. Protocol states the decision to let people go has to do with the present market conditions and the overall bearish sentiment of the digital currency industry. At this stage, more than 26,000...

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EOS Price Analysis: Bulls Aim $1.30 Once Again

EOS price started a fresh increase from the $1.08 support against the US Dollar. The price is now trading above $1.15 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.22 and $1.232 resistance levels. EOS price is rising above $1.15 against the US Dollar, similar to bitcoin. The...

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Litecoin (LTC) Price Analysis: More Gains Possible Above $100

Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading above $94 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance at $94 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $98 and $100 resistance levels. Litecoin price is showing positive signs above $94 against the US Dollar, similar to bitcoin. LTC...

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FBI Report Shows Colorado Residents Getting Duped By Crypto Scams

Residents of Colorado have become major targets for crypto criminals according to a new report issued by the Federal Bureau of Investigation (FBI). The FBI Says Many People in Colorado Have Been Targeted The document says that millions of dollars have been stolen from crypto traders and normal, everyday residents in the Centennial State. Many of the scams in question involve stable assets such as Tether and USD Coin (USDC). In a statement, the FBI mentioned: In a common...

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