Monday, June 27, 2022

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Crypto Liquidations Settle As Bitcoin Recovers Above $21,000

Posted: 27 Jun 2022 10:01 AM PDT

This post Crypto Liquidations Settle As Bitcoin Recovers Above $21,000 first appeared on TheGWW.com and was written by BlockChain Editor.

Crypto Liquidations Settle As Bitcoin Recovers Above $21,000 Originally posted here. By: Best Owie Overview Crypto liquidations had ramped up following the market crash. Even with the recovery had come more liquidations as short calls had also taken a hit. However, with the recovery moving over the last week, the market has begun to regain […]

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Doom To Fail: Tether Shorts Pile In As Hedge Funds Seek To Profit From Crypto Winter

Posted: 27 Jun 2022 09:48 AM PDT

This post Doom To Fail: Tether Shorts Pile In As Hedge Funds Seek To Profit From Crypto Winter first appeared on TheGWW.com and was written by BlockChain Editor.

Doom To Fail: Tether Shorts Pile In As Hedge Funds Seek To Profit From Crypto Winter Originally posted here. By: Reynaldo Marquez Overview The crypto ecosystem is still dealing with the fallout caused by the collapse of the Terra ecosystem, the company behind stablecoin USDT, Tether, is being targeted by hedge funds. Confirmed by Paolo […]

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ApeCoin Climbs 22% After Snoop Dogg-Eminem Bored Ape Video Launch

Posted: 27 Jun 2022 02:59 AM PDT

This post ApeCoin Climbs 22% After Snoop Dogg-Eminem Bored Ape Video Launch first appeared on TheGWW.com and was written by BlockChain Editor.

ApeCoin Climbs 22% After Snoop Dogg-Eminem Bored Ape Video Launch Originally posted here. By: Jet Encila Overview ApeCoin (APE), the native Ethereum currency of the famous NFT collection, is one of the fastest-growing NFT and Metaverse crypto projects in the blockchain ecosystem today. Upon its March 18, 2022 launch, ApeCoin instantly began a parabolic climb. The […]

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ViaBTC Capital | Reasons Behind Solana’s Frequent Downtime: Design Flaws in the Gas Economy

Posted: 27 Jun 2022 01:03 AM PDT

This post ViaBTC Capital | Reasons Behind Solana's Frequent Downtime: Design Flaws in the Gas Economy first appeared on TheGWW.com and was written by BlockChain Editor.

ViaBTC Capital | Reasons Behind Solana's Frequent Downtime: Design Flaws in the Gas Economy Originally posted here. By: NewsBTC Overview What is the gas fee? In the blockchain world, the gas fee is a fee that users have to pay to the blockchain network for each transaction. For example, when a user makes a transfer […]

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Bit.com Plans to Double Workforce as Layoffs Mount in Crypto and Financial Markets

Posted: 27 Jun 2022 12:46 AM PDT

This post Bit.com Plans to Double Workforce as Layoffs Mount in Crypto and Financial Markets first appeared on TheGWW.com and was written by BlockChain Editor.

Bit.com Plans to Double Workforce as Layoffs Mount in Crypto and Financial Markets Originally posted here. By: NewsBTC Overview The crypto markets are going through a rough phase. Bitcoin has crashed more than 70% in 8 months. Amidst the crash, several companies are laying off their employees, desperately trying to save cash. However, not all […]

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Banxa, an Australian crypto exchange, eliminates 70 jobs.

Posted: 27 Jun 2022 12:00 AM PDT

This post Banxa, an Australian crypto exchange, eliminates 70 jobs. first appeared on TheGWW.com and was written by BlockChain Editor.

In preparation for a sharp market decline, cryptocurrency exchange Banxa (BNXA) has slashed over 70 workers, according to a Monday article in the Australian Financial Review. According to AFR, the change represents 30% of the workers of the Melbourne-based business. When the cryptocurrency market reached all-time highs last year, the company's personnel count soared to over 230.

According to AFR, the CEO of BANXA, Holger Arians, said in a letter to employees, "Banxa must take decisive actions to reduce costs now, or else our company won't be able to succeed over the long run."

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Web3 On-Chain Life Insurance with Once Assurance and RedStone Finance

Posted: 27 Jun 2022 12:00 AM PDT

This post Web3 On-Chain Life Insurance with Once Assurance and RedStone Finance first appeared on TheGWW.com and was written by BlockChain Editor.

One of the biggest gaps that desperately needs filling within the world of crypto, is insurance. Most times, when people discuss this topic, they are referencing capital protection insurance. What is not talked about as much though, is blockchain's and Web3's ability to bring upgraded, modern, decentralised life insurance policy making into the world. Until […]

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Gitcoin’s GR14 Matching Fund Partners Motivated By Public Good

Posted: 27 Jun 2022 12:00 AM PDT

This post Gitcoin's GR14 Matching Fund Partners Motivated By Public Good first appeared on TheGWW.com and was written by BlockChain Editor.

Matching fund partners in the just concluded Grant Round (GR) 14 by Gitcoin have said that their contribution to public good by providing capital for Web3 projects would help build infrastructure that will support the growth of the ecosystem. The event held on the final day of GR14 had representatives of some Web3 companies, including […]

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TA: Ethereum Bulls In Control, Why ETH Could Clear $1,300

Posted: 26 Jun 2022 10:29 PM PDT

This post TA: Ethereum Bulls In Control, Why ETH Could Clear $1,300 first appeared on TheGWW.com and was written by BlockChain Editor.

TA: Ethereum Bulls In Control, Why ETH Could Clear $1,300 Originally posted here. By: Aayush Jindal Overview Ethereum is slowly moving higher above the $1,200 zone against the US Dollar. ETH could continue to rise unless there is a clear move below the $1,150 support. Ethereum is facing resistance near the $1,250 and $1,280 levels. […]

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Cardano Formed This Pattern On Its Chart, Where Is The Coin Headed?

Posted: 26 Jun 2022 09:02 PM PDT

This post Cardano Formed This Pattern On Its Chart, Where Is The Coin Headed? first appeared on TheGWW.com and was written by BlockChain Editor.

Cardano Formed This Pattern On Its Chart, Where Is The Coin Headed? Originally posted here. By: anushsamal Overview Cardano was bullish on the chart, as market movers picked up optimistic price movement, so did ADA. Over the last 24 hours, the coin rose close to 6% and in the last week, and in the past […]

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