FTX, the second biggest cryptocurrency exchange in the world went bankrupt affecting over a million people. Here’s more on the fall of the exchange and the aftereffects. The disastrous fall of FTX The last week has been one of the most dramatic periods for cryptocurrency. FTX, the second biggest crypto exchange in the world went […]
New Delhi [India], October 3 (ANI): Indian exchange WazirX laid off 40 per cent of its total workforce, the company said in a statement. The company said the laid-off was done to weather the bearish week for the crypto market. It said its priority was to be financially stable and to continue serving our customers.
New Delhi [India], August 11 (ANI): Emphasising that the WazirX episode has "exposed a darker side of crypto transactions" and exercising caution is necessary, a top government source on Thursday said that the enforcement directorate was looking into the matter.
Singapore, July 5 (ANI): India's conservative position on not encouraging Crypto Currency is being rapidly vindicated by the negative experiences of various Crypto funds with the latest being Singapore's Three Arrows crypto fund. Experts say that India correctly predicted the adverse economic headwinds and perhaps saved a lot of people from economic ruin.
Singapore, July 4 (ANI): Last week, Singapore-based crypto hedge fund, Three Arrows Capital (3AC), was reported by various media sources to be in trouble. It is one of the high-profile crypto investment firms that has run into difficulties recently as the crypto market valuation plunged. It has fallen by about a third since it hit its peak sometime in November last year.
Elon Musk made yet another effort to hike the Dogecoin price. And he was successful, although just for a short period. The CEO’s new Twitter DP lead to the surge of GOGE from $0.18 to $0.203 in a few hours. However, it went back to $0.179 after 48 hours. Elon Musk: Dogefather? The Tesla and […]