OpenSea’s Migration to the SeaPort Web3 Marketplace is Estimated to Save Users 35% in Ethereum Gas Fees
Key takeaways: OpenSea has successfully migrated to SeaPort: a Web3 NFT marketplace designed with efficiency in mind. The move to...
Ethereum
Uniswap Onboards Former President of the New York Stock Exchange, Stacey Cunningham, as An Advisor
Key takeaways: Uniswap labs have welcomed the former President of the New York Stock Exchange, Stacey Cunningham, as an advisor....
Tether Debunks Reserve Rumors, Clears The Air on Celsius And 3AC Exposure
Summary: The USDT issuer reiterated that its token reserves are backed by assets in the U.S. Treasury and a declining...
Three Arrows Capitals, the Next Victim of Market Crash As Insolvency Rumors Fly
Crypto hedge fund Three Arrows Capital is bleeding funds as the market crash has hit it hard.The firm has sold...
Celsius Network Is Exploring Possible Financial Restructuring After Pausing Its Withdrawals: Report
As per WSJ, Celsius network is hiring restructuring lawyers to seek solutions on navigating the current financial crisis. The company has...
Michael Saylor says MicroStrategy’s Bitcoin Strategy Factors in Volatility and its Balance Sheet is Structured to Keep Hodling BTC
Key takeaways: Michael Saylor has explained that MicroStrategy’s Bitcoin strategy factors in crypto market volatility. He also added that MicroStrategy’s...
Ripple CEO Says They’ve Been Preparing for Crypto Winter With a Significant Cash Balance and Will Keep Hiring
Key takeaways: Brad Garlinghouse has stated that Ripple has been preparing for crypto winter with a significant cash balance; thus,...
Justin Sun Announces Hiring Plan to Increase Workforce by 50% Across Tron-Based Projects
Summary: Justin Sun has invited anyone laid off during the ongoing crypto winter to apply for jobs across several Tron-based...
Terra Community Member Finds Loopholes in Report Claiming Terraform Labs Caused UST’s Depegging
Key takeaways: Terra community member Fatman has found loopholes in a report claiming that TerraForm labs caused UST’s depegging event...
Coinbase Reduces Workforce By 18% Amid Looming U.S. Recession And Crypto Winter
Summary: The U.S.-based crypto company previously announced plans to halt hiring.CEO Brian Armstrong announced on Tuesday that the current workforce...
Total Crypto Market Cap Falls Below $1 Trillion For The First Time Since February 2021
Summary: Crypto tokens continue to bleed as market uncertainty persists.Market leaders Bitcoin and Ethereum dipped over 15% on Monday.BTC is...
Arthur Hayes Predicts if Bitcoin Breaks 20K Levels, Massive Sell Pressure Is Expected
Hayes highlights open interest data for BTC and ETH, which are at $20,000 and $1,000.He says the closer the market...
Terra Community Member Suggests Do Kwon Used a Mystery Wallet with 20M LUNA to Sway Proposal Votes
Summary: Terra Community member Fatman has suggested that Do Kwon owns a mystery wallet with a 20 million LUNA airdrop....
MicroStrategy Could be Forced to Add More Bitcoin Collateral for its Loan if BTC Drops Below $21k
Summary: Bitcoin’s drop to a local low of $22,600 has rekindled discussions surrounding MicroStrategy’s possible margin call on its $205...
CZ: Binance Has a Healthy War Chest To Weather the Crypto Winter and Will Expand Hiring
Summary: Binance CEO, CZ, has said that the exchange has a healthy war chest to get through the ongoing crypto...