Crypto industry layoffs appear to have slowed down significantly over the past month with an estimated 570 crypto employees dismissed in February, down from an estimated 2,850 in January. Cointelegraph compiled the figures based on publicly reported layoffs and...
Ras Al Khaimah (RAK), one of the emirates that form UAE, has announced the creation of the first free economic zone fully dedicated to virtual assets and digital companies, dubbed RAK Digital Assets Oasis. According to the Persian Gulf...
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to...
“While Binance US has affirmatively represented to its customers that it was working on getting licensed in Texas, Binance US has never applied for a license with the SSB and, after a year, abandoned its license...
Ukraine has received over $70 million in cryptocurrencies since the start of the Russian-Ukrainian conflict, providing the nation with funds for military equipment and humanitarian assistance. The figures came from a Feb. 24 report by blockchain data platform Chainalysis,...
Central Bank Digital Currencies (CBDCs) are digital representations of a country’s fiat currency issued and backed by the central bank. CBDCs are intended to be a more efficient and secure form of payment, and they have the potential to...
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion....
Without a definite bug to squash, some validators began downgrading to the previous version in hopes of reviving Solana’s throughput, said the pseudonymous SolBlaze, who runs a liquid staking pool and is active in developer circles. Later, Solana employees...
Web3 infrastructure firm Jump Crypto and decentralized finance (DeFi) platform Oasis.app have conducted a “counter exploit” on the Wormhole protocol hacker, with the duo managing to claw back $225 million worth of digital assets and transfer them to a...
The International Monetary Fund (IMF) published a nine point-action plan discussing policies around crypto assets and recommending countries not to give them legal tender status. “Safeguard monetary sovereignty and stability by strengthening monetary policy frameworks and do not grant...