by Crypto University | Jul 26, 2022 | News, News & Events
Voyager Declines FTX Bailout Voyager Digital, a cryptocurrency lending platform, has declined a bailout offer from Amelda (an investment subsidiary of FTX). The company’s lawyers filed a letter claiming that the Amelda FTX’s bailout proposal was “highly misleading”...
by Crypto University | Jul 25, 2022 | News, News & Events
Crypto.com Cuts Netflix Benefits For Low-Tier Cards Crypto.com, a Singaporean-based cryptocurrency exchange, is cutting its Spotify and Netflix rebates for low-tier cardholders. Existing users of the Jade Green, Royal Indigo, and Ruby Steel Crypto.com Visa Cards will...
by Lindi Miti | Jul 21, 2022 | News, News & Events
Polygon Announces zkEVM Polygon, a layer 2 Ethereum scaling network, has launched its Zero-Knowledge Ethereum Virtual Machine (zkEVM). Zero-Knowledge proof technology processes more transactions faster while maintaining low fees. Polygon is the first blockchain to...
by Lindi Miti | Jul 20, 2022 | News, News & Events
Binance Flips Coinbase Binance, a Cayman Islands cryptocurrency exchange, has surpassed Coinbase for having the most bitcoins on its platform. Coinbase laid off 18%, approximately 1100 employees, during the cryptocurrency market crash. Binance, on the other hand,...
by Lindi Miti | Jul 19, 2022 | News, News & Events
Celsius Restructuring Plan Celsius, a cryptocurrency lending platform, has revealed its restructuring plans. Although filing for bankruptcy last week, the company remains operational. According to their new plan, Celsius will continue mining bitcoin. In addition, the...
by Lindi Miti | Jul 18, 2022 | News, News & Events
OpenSea Lays Off 20% Staff Opensea, the leading NFT marketplace, reported it is laying off 20% of its staff members. The company cited a combination of crypto winter and macroeconomic instability. Devin Finzer, the CEO of Opensea, tweeted that he has immense...