Cryptocurrency

Crypto Exchange WazirX Lays Off 40% Staff Amid Crypto Winter

Crypto Exchange WazirX Lays Off 40% Staff Amid Crypto Winter

Asian News International | Monday October 03, 2022, New Delhi

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.

Crypto Lender Celsius Not Seeking Payments For Outstanding Loans

Crypto Lender Celsius Not Seeking Payments For Outstanding Loans

Reuters | Monday October 03, 2022

Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to repay such loans.

Crypto Lender Celsius Not Seeking Payments For Outstanding Loans

Crypto Lender Celsius Not Seeking Payments For Outstanding Loans

Reuters | Saturday October 01, 2022

Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to repay such loans.

UK Watchdog Dismisses Criticisms On Crypto Licenses And Rejections

UK Watchdog Dismisses Criticisms On Crypto Licenses And Rejections

Reuters | Friday September 30, 2022

Crypto firms were undeterred by initial failure to obtain licences to operate in Britain and were submitting new applications, the FCA said.

China Trials Cross-Border Settlement Involving Cenbank Digital Currencies

China Trials Cross-Border Settlement Involving Cenbank Digital Currencies

Reuters | Thursday September 29, 2022, Shanghai

A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan.

Euro Sculpture In Frankfurt Rescued By Crypto Firm

Euro Sculpture In Frankfurt Rescued By Crypto Firm

Reuters | Thursday September 29, 2022, Frankfurt

A giant blue euro sculpture in the heart of Frankfurt's financial district has a new benefactor: The firm behind a sharia-compliant cryptocurrency.

Bitcoin-Sterling Volumes Spike To Record High As British Currency Hits Historic Lows

Bitcoin-Sterling Volumes Spike To Record High As British Currency Hits Historic Lows

Reuters | Thursday September 29, 2022

Trading volumes between the British pound and thecryptocurrency bitcoin spiked to a record high after sterling dropped on Monday.

Sweden And Other Central Banks To Test Digital Currency Payments

Sweden And Other Central Banks To Test Digital Currency Payments

Reuters | Wednesday September 28, 2022, Oslo

The Swedish, Norwegian and Israeli central banks have launched a project with the Bank for International Settlements to test international retail and remittance payments with central bank digital currencies, Sweden's Riksbank said on Wednesday.

Celsius CEO Steps Down Amid Bankruptcy Proceedings

Celsius CEO Steps Down Amid Bankruptcy Proceedings

Reuters | Wednesday September 28, 2022

Celsius Network said on Tuesday Chief Executive Officer Alex Mashinsky has decided to step down and the bankrupt crypto lender appointed finance chief Chris Ferraro as its interim CEO.

Bitcoin Miners Get Stuck In A Bear Pit

Bitcoin Miners Get Stuck In A Bear Pit

Reuters | Wednesday September 28, 2022

Spare a thought for the beleaguered bitcoin miner.

Bitcoin Bounces Above $20,000 For First Time In Nearly A Week

Bitcoin Bounces Above $20,000 For First Time In Nearly A Week

Reuters | Tuesday September 27, 2022

Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade.

Crypto Gaming Developer Animoca Brands Raises $110 Million

Crypto Gaming Developer Animoca Brands Raises $110 Million

Reuters | Monday September 26, 2022, London

Hong Kong-based blockchain gaming developer Animoca Brands has raised $110 million from investors, the company said in a statement on Thursday.

Bankrupt Crypto Lender Voyager's CFO To Exit Months After Appointment

Bankrupt Crypto Lender Voyager's CFO To Exit Months After Appointment

Reuters | Monday September 26, 2022

Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July.

Crypto Exchange Kraken Has No US Watchdog Registration Plans: New CEO

Crypto Exchange Kraken Has No US Watchdog Registration Plans: New CEO

Reuters | Friday September 23, 2022

Cryptocurrency exchange Kraken has no plans to delist tokens the U.S. Securities and Exchange Commission has labeled as securities, or to register with the agency as a market intermediary, said incoming chief executive officer Dave Ripley on Thursday.

Liverpool Expands Partnership With NFT Fantasy Sports Startup Sorare

Liverpool Expands Partnership With NFT Fantasy Sports Startup Sorare

Reuters | Friday September 23, 2022, London

Liverpool football club is deepening its ties with the crypto world by expanding a partnership with French blockchain-based sports startup Sorare, the company said in a statement on Thursday.