Alameda Research, the investment arm of Sam Bankman-Frie’s crypto empire, has sent its first tweet ever, and it is aimed directly at the bankrupt crypto exchange, Voyager Digital. happy to return the Voyager loan and get our collateral back whenever works for voyager — Alameda Research (@AlamedaResearch) July 8, 2022 The reaction from Crypto Twitter…
Bitstamp backtracks on ‘inactivity fee’ charges
According to Bloomberg, Luxembourg-based Bitstamp is backtracking on its plan to introduce a €10 “inactivity fee” for its users, citing a statement from the firm’s CEO JB Graftieaux. According to the CEO’s statement, Bitstamp’s community reaction to the charges prompted a rethink of the initiative. Graftieaux reportedly said, “We have heard the response from our…
Top 10 VC firms have ownership in 38% of all unicorns
In a bid to answer the question of where does big venture capital money go to, a new analysis looked at the most recent data on unicorns. The overall number of companies that exceed $1 billion in valuation has doubled in the past year alone, with venture capital money responsible for most of that growth….
Banxa to layoff 30% of workforce to shelter the “crypto winter”
Banxa announced on June 27 that it is laying off 30 percent of its staff, Australian Financial Review reported. The cryptocurrency operator said in the release that the layoffs add to several measures to cushion the effects of the crypto winter. The company said it now has a “clear line to profitability” owing to the…
Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant
According to Bitcoin Archive, in a bid to boost the local Soyapango economy, Salvadorian entrepreneurs operating in the region can claim a $100,000 Bitcoin grant. 💥EL SALVADOR: $100K #Bitcoin grant given to entrepreneurs in the municipality of Soyapango to boost economy of the area. 🙌 — Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) June 26, 2022 Soyapango is…
Axie Infinity to start reimbursing Ronin bridge hack victims from June 28
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Months after the exploit that led to the theft of over $600 million, Axie Infinity developers Sky Mavis will finally reimburse users and restart the Ronin bridge exploited in the attack, Bloomberg reported. The developer expects to start reimbursing affected users…
Polygon exec gives insider scoop on state of crypto employment
Despite the challenges of the past two years, the labor market appears to be in a good place, at least according to official government statistics. The Washington Post stated that Americans had returned to work in record numbers, leading to a May unemployment rate of 3.6%, almost half compared to when President Biden took office…
Ripple opened a crypto hub in Toronto, Canada, with intentions to employ 50 programmers
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ripple Labs have opened a new office in Toronto, Canada with the intention of creating an engineering hub to drive crypto innovation by recruiting top engineering talent in the area. This will be Ripple’s first office in Canada as they continue…
Meta will grow to billions of people spending hundreds, Zuckerberg says
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Meta‘s CEO Mark Zuckerberg recently told CNBC that he hoped Meta to reach billions of people who spend hundreds of dollars each to express themselves or decorate their surroundings. He said: “We hope to basically get to around a billion people…
Bitcoin miners are forced to sell to cover operating costs
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Bitcoin miners are selling their earnings to keep up with the increasing operating costs. As the electricity prices continue to increase and Bitcoin follows its downtrend, miners can’t afford to HODL anymore. Bitcoin Miners’ Wallet Balances The sell-off trend started in…