Polygon Labs on Thursday announced that it was going to spin off its Polygon ID division to focus on “core protocol development work”. The developer also said that it will lay off around 19% of its workforce in an attempt to enhance performance. Polygon Labs to spinoff identity division Marc Boiron, CEO of Polygon Labs […]

Ethereum price prediction shows the second-largest cryptocurrency boasting $277 billion in market cap back in action after the drop to $2,240 on Wednesday. Although holding relatively unchanged according to price data by CoinMarketCap, ETH is on the cusp of reclaiming $2,300 S/R. Ethereum Price Prediction: Can Ethereum Retest $2,400 This Week? The technical structure presented […]

Binance, the global cryptocurrency exchange, is facing significant challenges in its attempt to re-enter the UK market. According to a recent Bloomberg report, the exchange has been unsuccessful in securing a new UK partner authorized to approve financial promotions as mandated by the Financial Conduct Authority (FCA). The requirement for an authorized approver is critical […]

Superstate, an asset management firm, has introduced its first in a set of funds, the Superstate Short Duration U.S. Government Securities Fund (USTB). As a consequence, this introduction paves the way for an improvement in investment funds, especially blockchain technology. Superstate, with the guidance of the company’s CEO and co-founder Robert Leshner, has designed USTB […]

American cryptocurrency exchange Coinbase has introduced a fee upgrade program for its high-volume traders. Coinbase Wooing High-Volume Traders To start the new month, Coinbase announced it plans to establish a new fee tier upgrade program for Coinbase Advanced, the exchange’s VIP and high-volume traders. Consequently, top traders from other cryptocurrency exchanges will now be allowed […]

Crypto markets across the globe had struggled with layoffs and salary delays last year. Pressure on financial resources with high interest rates and a crunch on investor appetite made organizations struggle in 2023. However, the start of 2024 hasn’t been any different either. Mass layoffs that started in 2023 and have spilled their way into […]

Altcoins To Buy: Certain altcoins emerge as beacon lights for potentially high returns as the cryptocurrency market navigates through volatility. Among these, Solana (SOL), Jupiter (JUP), and Manta Network (MANTA) stand out for their unique value propositions and recent performances. Despite facing market corrections, these cryptocurrencies showcase resilience and growth potential, making them attractive options […]

Crypto exchange Crypto.com has reportedly delayed the delisting of Terra Luna Classic (LUNC) to April, as per emails received by some community members. The crypto exchange earlier informed affected LUNC holders via email about the delisting of LUNC by February 15, which was confirmed by CoinGape. Terra Luna Classic (LUNC) Delisting Terra Luna Classic community […]

Bitcoin turned bloody on Wednesday following the announcement of interest rates by the Federal Open Market Committee (FOMC) and remarks by Fed Chair Jerome Powell on the expected rate cuts in 2024. Forced to put up with the disappointing news, some investors reacted by selling BTC, resulting in a drop below $43,000. According to Powell, […]

Jupiter Exchange, a Solana-based decentralized exchange, has been making waves with a series of strategic moves. From major listings on renowned exchanges to colossal airdrops, the exchange is now a focal point of attention in the crypto community. Here’s an in-depth look into the recent developments surrounding the Jupiter Exchange and its native token, JUP, […]