Infrastructure platform Intu seeks to allow web3 users to protect their digital assets account like a crypto wallet with minimal cost. Intu users will be protected by local cryptography and native decentralization of their chosen blockchain, according to a recent report. The co-founder of the Intu platform, James Bourque, told CryptoSlate: Accounts created with Intu…
ConsenSys Advisory, Development, Education, Technology, Venture Capital Company in North America ConsenSys is a venture production studio and custom software development consultancy building decentralized applications (DApps), enterprise solutions and developer tools for blockchain ecosystems, focused primarily on Ethereum.. More about ConsenSys Info Twitter LinkedIn
Coinbase announced that it would be halting its operation in Japan due to current market conditions. The exchange said in a Jan. 18 announcement that it was forced it to “make the difficult decision” to halt operations in the country and conduct a complete revision of its Japanese business. The decision comes just days after…
Investment advisory firm Monex Group expressed interest in buying FTX Japan, the Japanese subsidiary of bankrupt exchange FTX, Bloomberg News reported on Jan. 16. Monex CEO Oki Matsumoto told Bloomberg that less competition within the local market would invest a “very good thing” for the firm. Matsumoto said, “Generally speaking, we naturally are interested.” Furthermore,…
For the first time since April 2022, the Bitcoin Fear & Greed Index (FGI) has moved out of the ‘fear’ zone and into ‘neutral.’ Over the weekend, Bitcoin reached a score of 52 on the index as Bitcoin pushed over $21,000. Source: alternative. me As of press time, the score has retraced slightly to the…
Bitcoin briefly surpassed $21,000 on Jan. 13 for the first time since the FTX saga started in early November. After a slight retracement early on Saturday morning, BTC is priced at $20,800 as of press time. $255m of spot Bitcoin was bought on Jan.13, while the liquidation of $240 million Bitcoin shorts liquidated sent Bitcoin…
Illicit cryptocurrency on-chain transaction volume reaches all-time highs of $20.1 billion, growing for the second year in a row, according to a recent report by Chainalysis. The report said: We have to stress that this is a lower-bound estimate — our measure of illicit transaction volume is sure to grow over time as we identify…
Gradually, alongside the cryptocurrency industry, stablecoins are growing in strength and popularity. Their growth results from the stability they offer against cryptocurrency volatility. At the moment, USDT remains the largest stablecoin by market cap, as USDC, Binance USD, and DAI make up the top 4. Prominent stablecoins after FTX collapse The entirety of the stablecoin…
The total crypto market cap surpassed $900 billion on Jan. 12 to record a nine-week high. In conjunction with several tokens recording “monster gains” recently, some have taken this as an indication of the advent of a new bull run. Crypto market cap shows signs of recovery Nine weeks ago, the fallout from the FTX…
Crypto exchange platform Crypto.com has moved to lay off about 20% of its global workforce. Crypto.com CEO Kris Marszalek said in a Jan. 13 post that the exchange made the difficult decision to slash its workforce to weather the challenges of the current bear market. Crypto.com reportedly grew its workforce to roughly 4,000 in 2022. However,…