Following the overbearing bear market effects, crypto lender Genesis has reportedly sacked 30 percent of its workers in its second round of layoffs in six months according to a report.
Author: qaasim
qaasim
Salaam Rasak entered the crypto space while completing his Masters degree and has continued to dig deep into Web3 space since then, writing articles related to Web3 and blockchain. He started working with Blockchain Journal in September 2022.
In a season of growing transparency within Web3 following the FTX collapse, Singapore-based decentralized finance (DeFi) services firm Cake DeFi has unravelled its proof of reserves via the cryptographically audited Merkle tree method.
Amidst the raging cyberattack in the Web3 space, famous Nonfungible Token (NFT) influencer CryptoNovo disclosed on Jan. 4 that he has been defrauded of $300,000 plus his two CryptoPunks.
Following the hearing on FTX collapse at the United States District Court in the Southern District of New York on Jan. 3, Sam Bankman-Fried (SBF) has pleaded not guilty to the eight criminal count charges against him as per a report.
Following a review of Binance by Arcane Research, it has emerged as the dominant cryptocurrency exchange in 2022, according to a Jan. 3 report.
In line with the recent court hearing, the former chair of the Bithumb crypto exchange Lee Jung-hoon has been discharged and acquitted on Jan. 3 over allegations of $70 million in fraudulent transactions.
According to a Nasdaq and Ycharts analytical report shared on Reddit on Jan 2., the total volume of Ethereum (ETH) transactions was more than fourfold higher than Bitcoin (BTC) in 2022.
Following the overwhelming surge in Ethereum (ETH) staking solutions due to its migration to proof-of-stake, Liquid staking protocol Lido Finance has derived huge benefits from the arrangement.
Following the attack on Bitcoin core developer Luke Dashjr leading to the loss of more than 200 Bitcoin (BTC), some crypto users have spoken and highlighted the risk associated with crypto self-custody as per posts.
After a rigorous cross-examination and analysis, Bitcoin advocate Nic Carter released a report containing centralized exchanges’ proof-of-reserves and their respective ranks.