Sony Group announced on Tuesday that the firm will be cutting jobs from its video gaming department. According to reports by Bloomberg, Sony will be laying off around 900 people, or roughly 8% of the workforce. The reason for the job cuts arose on the ground of “game companies facing a post-pandemic spending slowdown”. The […]

Ripple’s integration with Axelar Network has garnered praise from Ripple executives, which includes President Monica Long and RippleX SVP Markus Infanger. Notably, the partnership was also lauded by the XRP community, as it aims to enhance the XRPL’s capabilities in the blockchain space. In other words, this collaboration signifies a major stride towards enhancing blockchain […]

The crypto market witnessed a remarkable surge today, on February 28, 2024, propelling major cryptocurrencies like Bitcoin, Ethereum, Cardano, XRP, and meme coins such as Pepe Coin to new highs. Notably, Bitcoin is nearing the $60,000 mark, a level unseen since November 2021, while Ethereum has reached its highest point since April 2022. Meanwhile, this […]

Sam Bankman-Fried (SBF), the former CEO of the cryptocurrency exchange FTX, an inmate, has come forward with claims highlighting the adversities faced by Bankman-Fried while detained at the Brooklyn Metropolitan Detention Center. The inmate, Carmine Simpson, a former New York police officer with a controversial past, has provided a detailed account in a letter addressed […]

The trading activity in the newly launched Bitcoin ETFs has simply skyrocketed this week hitting new milestones every passing day. On Wednesday, February 28, the daily trading volumes of all nine bitcoin ETFs combined surged by a staggering 100%. Bitcoin ETFs Trading Volumes Shoot $6 Billion Eric Balchunas, a renowned ETF strategist at Bloomberg, disclosed […]

Crypto traders watch out for personal consumption expenditures (PCE) inflation data for further cues as Bitcoin (BTC) price swoosh past $63,900. The U.S. Bureau of Economic Analysis will release the U.S. Federal Reserve’s (Fed) preferred inflation gauge PCE. The data is crucial because of the recent hotter-than-expected CPI, pulling Fed rate cuts off the table. Personal […]

People are now seeking even more advanced technology, and the credit goes to the advent of blockchain technology. As a result of this development, numerous payment options—including wallets for cryptocurrencies—are now available. In this article, we will be talking about crypto wallets while comparing them to the most popular one, i.e., Metamask. Have a look:  […]

OKX, a prominent cryptocurrency exchange, has announced its integration with Uniswap Labs‘ application programming interface (API). This collaboration introduces a revolutionary feature named “Snap,” which aims to facilitate gas-free trading on OKX’s decentralized exchange (DEX). According to Jason Lau, Chief Innovation Officer at OKX, this feature simplifies the process of decentralized token swapping, leveraging the […]

In a legal battle highlighting the contentious realm of social media governance, a U.S. judge hinted at the potential dismissal of a lawsuit filed by Elon Musk’s X Corp, formerly known as Twitter, against the Center for Countering Digital Hate (CCDH). Notably, the lawsuit alleged that CCDH’s critique of rising hate speech on the platform […]

Crypto Price Prediction: The cryptocurrency market is riding on accelerated bullish momentum, following the lead of Bitcoin price. This leading digital asset showcased a sharp surge from $50600 to $62000 as spot BTC ETF experienced record high volume earlier this week. In the latest update on Bitcoin ETF flows as of February 29, 2024, the […]