Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value

Post Views: 120 The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro…

A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’

Post Views: 129 During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to prove this to the greater crypto community. At the end of August 2019, a marketing and public relations (PR) agency published a press release that featured…

Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions

Post Views: 132 While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke about future mergers and acquisitions. “I think there’ll be an uptick in M&A in the blockchain and crypto space,” Garlinghouse explained during his interview….

Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison

Post Views: 130 A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possible $250,000 maximum fine. The U.S. Department of Justice (DOJ) continues to take action against crypto traders using services such as…

2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down

Post Views: 190 2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making it reconsider its position, and reducing…

Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox

Post Views: 133 The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central bank’s position follows its deliberations with a team from the Blockchain Association of Uganda (BAU). The Ugandan central bank has said following talks with the team from the…