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Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven

Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown. Another legendary Wall Street investor, George Ball predicts Bitcoin will be the safe haven of choice. Jim Rogers said that the recent COVID-19 emergency stimulus programs and central bank bailouts will lead to the … Continue reading Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven

Oddity Tech Ltd Launches Security Token Offering to Democratize Investing

Oddity Tech Ltd., an online beauty-care retailer, based in New York, announced on Tuesday the launch of its Oddity Token, a digital security token built on the Ethereum blockchain, to provide an opportunity for accredited investors to buy shares in the company in the form of digital security. With the new crypto token, Oddity is … Continue reading Oddity Tech Ltd Launches Security Token Offering to Democratize Investing

Bit Origin Limited Signs LOI to Acquire 30.62% Equity Interests in Horizon Mining Ltd

Bit Origin Limited, an emerging cryptocurrency mining firm based in the US, has announced recently that it has signed a Letter of Intent (“LOI”) to acquire 30.62% equity interest in Horizon Mining Ltd- an operator of a crypto mining site located in Macon, Georgia. Bit Origin seeks to make the acquisition to further facilitate its … Continue reading Bit Origin Limited Signs LOI to Acquire 30.62% Equity Interests in Horizon Mining Ltd

Bitcoin $30K Resilience Amid Crypto Meltdown and Stablecoin Crash Shows its Brilliant Architecture – PayBito CEO

Despite Bitcoin’s slashed valuation in the past few months, the leading cryptocurrency has steadily held the $30,000 level because of its unique decentralized proof-of-work (PoW) mechanism, according to Raj Chowdhury, the CEO of crypto trading platform PayBito.  Chowdhury pointed out that: “Despite its apparent flaws, Bitcoin’s architecture makes it a modern-day marvel immune to global … Continue reading Bitcoin $30K Resilience Amid Crypto Meltdown and Stablecoin Crash Shows its Brilliant Architecture – PayBito CEO

Kraken to Trail Binance in Hiring Over 500 Staffs Amid Crypto Meltdown

Kraken exchange has made a very bold revelation that it does not intend to make any layoffs despite the growing concerns about the ongoing crypto-economic meltdown. As shared in a recent blog post, Kraken said a lot of its staff have been asking what the current market outlook means for the staff, a question that … Continue reading Kraken to Trail Binance in Hiring Over 500 Staffs Amid Crypto Meltdown

NFT Sales Slide to a 12-Month Low Amid Crypto Meltdown

The bloodbath in the crypto market has contributed to sales in the non-fungible token (NFT) sector slipping to a 12-month low, according to crypto analytics firm Chainalysis. NFT sales slightly topped $1 billion in June, the worst performance since June 2021, when sales reached $648 million.  NFTs became the talk of the town when sales … Continue reading NFT Sales Slide to a 12-Month Low Amid Crypto Meltdown

Veratad Technologies Pairs with Blockchain-ID Ltd to Developing Authentication Tool on Algorand

Authentication solutions provider Veratad Technologies has partnered with UK-based Blockchain-ID Ltd to jointly develop BlockchainIDme, an authentication tool on the Algorand blockchain. In the current blockchain field, most users use their electronic wallets (including custodial and non-custodial) to store their digital asset data. Due to the continuous emergence of network attacks, security issues and control … Continue reading Veratad Technologies Pairs with Blockchain-ID Ltd to Developing Authentication Tool on Algorand

Blockchain.com Slashes 25% Workforce amid Crypto Meltdown

Massive layoffs continue engulfing the crypto market. Blockchain.com took the latest actions by reducing its workforce by 25%. Citing harsh bearish conditions, the crypto exchange laid off approximately 150 people and shut down its offices based in Argentina.  Blockchain.com has been on a rapid expansion drive in the last 16 months as a pioneer firm in … Continue reading Blockchain.com Slashes 25% Workforce amid Crypto Meltdown

Crypto.com Aims at Expansion in South Korea amid Crypto Meltdown

Singapore-based crypto exchange Crypto.com has been on an expansion drive, with its latest bet being in South Korea, according to Bloomberg.  Crypto.com has revealed the acquisition of South Korean virtual-asset exchange OK-BIT Co. and payment service provider PnLink Co. in line with the country’s Electronic Financial Transaction Act.  Eric Anziani, Crypto.com’s COO, pointed out: “We’re … Continue reading Crypto.com Aims at Expansion in South Korea amid Crypto Meltdown

Investors Remain Optimistic about Crypto Market’s Future Despite Meltdown: CoinLoan

A study undertaken by crypto business CoinLoan shows that most investors are still bullish about the cryptocurrency market’s future despite the challenges witnessed. The survey interviewed CoinLoan customers and gauged various sentiments like their level of satisfaction regarding various services like security standards, interest accounts, and lending systems. Per the announcement: “There is a 74% … Continue reading Investors Remain Optimistic about Crypto Market’s Future Despite Meltdown: CoinLoan

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