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German Crypto Exchange Nuri Files for Insolvency

German Crypto Exchange Nuri Files for InsolvencyCryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange Cites ‘Lasting Strain on Liquidity’ as Reason for Insolvency Filing Berlin-based crypto […]

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia

Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to ColombiaBitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy for the company, […]

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions

Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower PositionsDecentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed Lido down to the third-largest TVL position […]

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire