‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to come

The Shark Tank star said all unregulated exchanges are seeing “massive outflows” right now, and rightly so.

Genesis owner DCG suspends dividend payouts

Digital Currency Group (DCG) has discontinued dividend payments, according to the letter sent by the company to its shareholders on Jan. 17. The company said in its letter that it has “made the decision to suspend [its] quarterly dividend distribution until further notice.” It is unclear whether those dividends were previously paid from the company’s […]

Bitcoin Whales Drive Altcoin Market FOMO, Santiment Warns Of Macroeconomic Risks

The post Bitcoin Whales Drive Altcoin Market FOMO, Santiment Warns Of Macroeconomic Risks appeared first on Coinpedia Fintech News The crypto market has seen its highest gains in the past week since the start of the 2022 bear market, led by Bitcoin’s price reaching above $21,000.  However, on-chain analytics firm Santiment has observed that traders […]

Will Bitcoin Continue To Bring Heat In The Coming Week? Here Is What ChatGPT Suggests

The post Will Bitcoin Continue To Bring Heat In The Coming Week? Here Is What ChatGPT Suggests appeared first on Coinpedia Fintech News The world has been shocked by the advent of AI due to its incredible effectiveness. Today, AI-powered ChatGPT, an OpenAI creation, is known for its realistic answers to even the trickiest questions. […]

Crypto Job Listings | UnionDigital, iTrust Holdings | Jan. 18, 2023

Subscribe to our newsletter! Welcome to today’s edition of BitPinas Crypto Job Listings, where we bring you the latest job opportunities in the cryptocurrency and blockchain industry. If you’re looking for your next career move, be sure to check out the listings below. Find more crypto jobs at https://bitpinas.com/job/ Collections Lead – UnionDigital UnionDigital Bank […]

Swiss National Bank Posts Biggest Loss in its History

Swiss National Bank Posts Biggest Loss in its History Read CoinChapter.com on Google News WISCONSIN (CoinChapter.com) — For only the second time in 116 years, Switzerland’s government will not receive a payout from the Swiss National Bank (SNB) – and the reason: the SNB posted its biggest loss in history at 132 billion Swiss francs (or […]

Cardano Struggles To Support Its Bullish Session! Is ADA Price Chasing Bottom?

The post Cardano Struggles To Support Its Bullish Session! Is ADA Price Chasing Bottom? appeared first on Coinpedia Fintech News Cardano’s price has been trading in a promising zone due to IOHK’s developmental updates and easing FTX contagion with positive CPI data. However, ADA’s price experiences low strength after continuous bullish trading sessions in the […]

Russia and Iran Consider Deploying a Gold-Backed Stablecoin

The government of Russia may be partnering with Iran’s central bank to issue a new stablecoin backed by gold.  The stablecoin’s purpose will be to facilitate cross-border trade settlement. Russia’s New Trade Plan Per a report from the Russian media outlet Vedomosti on Monday, the stablecoin could ideally work as a substitute for dollars, ruble, […]

Crypto Industry Booms: Report Shows 100% Increase in Developers in Two Years

The crypto industry has seen a significant surge in the number of developers working on various projects, according to a new report by Electric Capital. The firm, which has invested in several early-stage Layer-1 platforms and crypto startups —like Bitwise, Gitcoin, dYdX Near Protocol, and Inmunefi— found that the number of developers in the crypto […]

Crypto Exchanges Should be Supervised as Banks, Urges Japan’s Financial Regulator

Mamoru Yanase – Deputy Director-General of Japan’s Financial Services Agency (FSA) – urged global watchdogs to impose tougher regulations on the cryptocurrency industry. He believes digital asset exchanges should be treated the same way as banks. It’s All Because of FTX According to Yanase, one way to prevent another collapse of a cryptocurrency platform is […]