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Metropolitan Commercial Bank is Exiting the Crypto Business.
https://www.analyticsinsight.net/metropolitan-commercial-bank-is-exiting-the-crypto-business/
📍 Follow @Coins for the hottest news in crypto.
https://www.analyticsinsight.net/metropolitan-commercial-bank-is-exiting-the-crypto-business/
📍 Follow @Coins for the hottest news in crypto.
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Co-founder of Gemini, Cameron Winklevoss, posted another open letter to DCG:
📍 Follow @Coins for the hottest news in crypto.
📍 Follow @Coins for the hottest news in crypto.
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Binance US cleared to buy crypto lender Voyager out of bankruptcy.
Judge Allows Binance US Bid to Buy Voyager Assets to Advance
The exchange agreed in December to purchase the company after Voyager's deal with Sam Bankman-Fried's FTX fizzled.
https://www.coindesk.com/business/2023/01/10/binance-cleared-to-buy-crypto-lender-voyager-out-of-bankruptcy-reuters/
📍 Follow @Coins for the hottest news in crypto.
Judge Allows Binance US Bid to Buy Voyager Assets to Advance
The exchange agreed in December to purchase the company after Voyager's deal with Sam Bankman-Fried's FTX fizzled.
https://www.coindesk.com/business/2023/01/10/binance-cleared-to-buy-crypto-lender-voyager-out-of-bankruptcy-reuters/
📍 Follow @Coins for the hottest news in crypto.
CoinDesk
Judge Allows Binance.US Bid to Buy Voyager Assets to Advance
The exchange agreed in December to purchase the company after Voyager's deal with Sam Bankman-Fried's FTX fizzled.
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Coins ( ₿ )
Coinbase $COIN fires 950 employees. 📍 Follow @Coins for the hottest news in crypto.
Coinbase’s Japan Unit Cuts Workforce as Part of Global Layoffs
Japan operation mulling ‘all options,’ no other decisions yet
Coinbase Global slashing 20% of employees due to crypto winter
https://www.bloomberg.com/news/articles/2023-01-11/coinbase-s-japan-unit-cuts-workforce-as-part-of-global-layoffs
📍 Follow @Coins for the hottest news in crypto.
Japan operation mulling ‘all options,’ no other decisions yet
Coinbase Global slashing 20% of employees due to crypto winter
https://www.bloomberg.com/news/articles/2023-01-11/coinbase-s-japan-unit-cuts-workforce-as-part-of-global-layoffs
📍 Follow @Coins for the hottest news in crypto.
Bloomberg.com
Crypto Exchange Coinbase to Close Most of Japan Operations
US-based cryptocurrency exchange Coinbase Global Inc. is closing the bulk of its operations in Japan as part of a move to adjust international investment amid a slump in the digital-asset sector.
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Forwarded from Coach
Health care pays off. With BeFaster, it pays off literally!
⚡️ How exactly can users earn money with BeFastert?
(Might be interesting also for entrepreneurs, sportsmen, influencers.)
⚡️ What sets it apart?
⚡️ How does the $BFHT token work?
All the BeFaster basics in one video 👀
https://youtu.be/EfrG3ZxYUVk
⚡️ How exactly can users earn money with BeFastert?
(Might be interesting also for entrepreneurs, sportsmen, influencers.)
⚡️ What sets it apart?
⚡️ How does the $BFHT token work?
All the BeFaster basics in one video 👀
https://youtu.be/EfrG3ZxYUVk
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On Jan. 7, the combined daily transactions on Arbitrum and Optimism totaled 942K, only 16K transactions short of Ethereum’s 958K.
On the same day, Optimism also hit an all-time high for daily transactions at 691K. Optimism’s daily transaction count has steadily increased since March 2022 despite the bear market.
On the other hand, Arbitrum’s daily transaction count is down 50% from an all-time high in November 2022, even as the network still processes over 200K transactions daily.
Combined, the daily transaction count on the L2s has tripled from 315K to 942K over the past three months, with Optimism’s share increasing from 41% to 73%.
The increase in transactions can be attributed to multiple factors including quests that reward NFTs, new protocols offering boosted rewards, users hunting for airdrops, and lower fees than Ethereum.
Ethereum hit an all-time high for daily transactions at 1.9M on Dec. 9, 2022.
📍 Follow @Coins for the hottest news in crypto.
On the same day, Optimism also hit an all-time high for daily transactions at 691K. Optimism’s daily transaction count has steadily increased since March 2022 despite the bear market.
On the other hand, Arbitrum’s daily transaction count is down 50% from an all-time high in November 2022, even as the network still processes over 200K transactions daily.
Combined, the daily transaction count on the L2s has tripled from 315K to 942K over the past three months, with Optimism’s share increasing from 41% to 73%.
The increase in transactions can be attributed to multiple factors including quests that reward NFTs, new protocols offering boosted rewards, users hunting for airdrops, and lower fees than Ethereum.
Ethereum hit an all-time high for daily transactions at 1.9M on Dec. 9, 2022.
📍 Follow @Coins for the hottest news in crypto.
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Twitter is working on Coins purchasing screen
On the web, Twitter Coins purchase will be done through Stripe.
Twitter is also working on a “Coins” menu item that takes you to the purchase screen.
📍 Follow @Coins for the hottest news in crypto.
On the web, Twitter Coins purchase will be done through Stripe.
Twitter is also working on a “Coins” menu item that takes you to the purchase screen.
📍 Follow @Coins for the hottest news in crypto.
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World Bank slashes 2023 Forecasts & Alert Global Recession.
World development institute cutting its growth potential for the global economy to 1.7% for 2023.
Warning by the World Bank to be aware of the worst economic conditions.
https://www.cryptopolitan.com/forecasts-alert-global-recession
📍 Follow @Coins for the hottest news in crypto.
World development institute cutting its growth potential for the global economy to 1.7% for 2023.
Warning by the World Bank to be aware of the worst economic conditions.
https://www.cryptopolitan.com/forecasts-alert-global-recession
📍 Follow @Coins for the hottest news in crypto.
Cryptopolitan
World Bank slashes 2023 Forecasts & Alert Global Recession – Cryptopolitan
The global economic condition is under the immense critical condition as the World Bank recently slashed its global growth forecasts from projections it made in mid-2022. Considering it as a warning by the World Bank to be aware of the worst global recession.…
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The crypto world looks like it’s getting ready to jump back into the game, and the excitement is bringing GameFi tokens along for the ride.
GameFi token GALA was rocketing upwards recently, jumping by almost 120% over the past week. It might be a little early to get excited however, as the crypto GameFi sector is still down by over 90% from its highs at the end of 2021.
GALA wasn’t the only GameFi token popping either. The tokens of web 3 gaming platforms Decentraland and The Sandbox have also risen by 22% and 17% respectively over the last week.
It looks like the rally might have been caused by an increase in NFT trading volume seen over the past week, which has risen by more than 30% over the period. So far, 2023 seems to be showing the crypto industry more mercy than its predecessor.
Source: Tradingview
📍 Follow @Coins for the hottest news in crypto.
GameFi token GALA was rocketing upwards recently, jumping by almost 120% over the past week. It might be a little early to get excited however, as the crypto GameFi sector is still down by over 90% from its highs at the end of 2021.
GALA wasn’t the only GameFi token popping either. The tokens of web 3 gaming platforms Decentraland and The Sandbox have also risen by 22% and 17% respectively over the last week.
It looks like the rally might have been caused by an increase in NFT trading volume seen over the past week, which has risen by more than 30% over the period. So far, 2023 seems to be showing the crypto industry more mercy than its predecessor.
Source: Tradingview
📍 Follow @Coins for the hottest news in crypto.
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FTX Has Recovered 'Over $5B' in Assets, Bankruptcy Attorney Says:
The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.
https://www.coindesk.com/policy/2023/01/11/ftx-has-recovered-over-5b-in-assets-bankruptcy-attorney-says
📍 Follow @Coins for the hottest news in crypto.
The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.
https://www.coindesk.com/policy/2023/01/11/ftx-has-recovered-over-5b-in-assets-bankruptcy-attorney-says
📍 Follow @Coins for the hottest news in crypto.
Coindesk
FTX Has Recovered 'Over $5B' in Assets, Bankruptcy Attorney Says
Crypto exchange FTX has recovered more than $5 billion in different assets, not including another $425 million in crypto held by the Securities Commission of the Bahamas, a bankruptcy attorney said during a hearing Wednesday.
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Forwarded from CCC.io Ventures
UAE investor groups launch billion-dollar web3 fund.
Venom Ventures Fund will invest in several web3 applications including dApps, DeFi and gaming.
The announcement of the $1 billion fund comes during a tumultuous era, with the crypto industry riddled with scandal, investor losses and falling prices.
https://www.theblock.co/post/200959/uae-investor-groups-launch-billion-dollar-web3-fund
🔗 Telegram | Twitter
Venom Ventures Fund will invest in several web3 applications including dApps, DeFi and gaming.
The announcement of the $1 billion fund comes during a tumultuous era, with the crypto industry riddled with scandal, investor losses and falling prices.
https://www.theblock.co/post/200959/uae-investor-groups-launch-billion-dollar-web3-fund
🔗 Telegram | Twitter
The Block
UAE investor groups launch billion-dollar web3 fund
Former BlackRock executive Peter Knez and seasoned investor Mustafa Kheriba will both join the fund’s leadership team, according to the statement.
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