Crypto firms contributed 48% of all corporate political donations in 2024: Report

ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses. 126 Total views 14 Total shares Own this piece of history Collect this article as an NFTConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph…

Bitcoin (BTC) is on track to end the year with a loss of about 65%. This would mark the third negative year for Bitcoin with the other two being 2014 and 2018. In comparison, the S&P 500 has fared much better but that is also down close to 20% in 2022.Although cryptocurrency prices have seen deep cuts…

Tomorrow, cryptocurrency exchange Upbit Indonesia will list Klay, the cryptocurrency of South Korean instant messaging giant Kakao.South Korean news outlet The Korea Times reported the news on Sept. 25 noting that also UpBit Singapore is also expected to list Klay at a later date. A Kakao official pointed out:“We decided to list Klay on cryptocurrency…

Tuesday, July 9 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $12,500 mark again.Market visualization courtesy of Coin360Bitcoin is currently up by nearly 6% on the day, trading around $12,545 at press time, according to Coin360. Looking at its weekly chart, the coin…

The crypto mining firm's 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy. 1478 Total views 16 Total shares Crypto mining firm Bitfury has formed a partnership with a private equity firm allowing it to upgrade its existing $35 million blockchain infrastructure in Norway.According to a Nov. 2 announcement…

Thailand’s leading cryptocurrency exchange Bitcoin Co. Ltd. (BX.in.th) is closing down all of its trading operations.The exchange announced its decision to discontinue trading on Sept. 2. The official website of the exchange states:“Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website in order to focus on…

Bitcoin (BTC) checked its latest advance on Feb. 23's Wall Street open as Russia repercussions continued to play out. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks sour crypto recoveryData from Cointelegraph Markets Pro and TradingView showed BTC/USD falling back towards the $38,000 mark during Feb. 23, having earlier reached $39,200 highs.Pressure from the Russia-Ukraine conflict remained an…

Decentralized finance (DeFi) organization dYdX Foundation, an independent nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts them ahead of schedule for the impending launch of the v4 mainnet, something they claim represents complete decentralization for dYdX.As Cointelegraph recently reported, the…

In stock markets and the crypto sector, traders are always looking for a definite reason to explain an asset's price action, which means it's important to stress that correlation doesn't imply causation. While it may be easy to connect a regulatory statement or pending legislation to the outcome of an asset's price, there's not always hard…