Top tech startup news for today Friday, January 13, 2023: Crypto.com, Meta, SmartNews, Tencent, and WeChat
Good evening and happy Friday! It’s a super light news day so we’re not going […]
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Crypto.com to lay off 20% of its employees as FTX contagion spreads further into the crypto market
Crypto winter has come for Singapore-based Crypto.com. The crypto exchange announced on Friday it […]
Venom, Iceberg launch a $1 billion Web3 venture fund VVF to invest in early-stage startups ahead of the next crypto bull run
The ongoing recession and economic slowdown have created opportunities for companies and investors looking to […]
Coinbase to lay off around 1,000 employees as crypto contagion deepens
Just a few days after Coinbase agreed to pay $100 million to settle with US […]
Kraken crypto exchange to shut down its Japan operations amid a weak global crypto market
Crypto exchange Kraken announced today it will shut down its operations in Japan in […]
Crypto exchange Bitfront shuts down as investors withdraw their coins from exchanges
Crypto winter has claimed another casualty. Crypto exchange Bitfront is another crypto exchange to […]
Bybit extends its ‘zero-fees’ campaign until the end of 2022, as the ‘Crypto Ark’ sees growing interest and success from its recent initiative
While everyone is talking about the Crypto winter, ‘Crypto Ark’ Bybit continues to see growing […]
Europe’s digital bank startup N26 launches crypto trading service with new Bitpanda integration
Fortunes, they say, are made during recessions. This is probably the case for Europe’s $9 […]
Arcade lands $3.2M from Crypto.Com, Solana, KuCoin and others to take GameFi mainstream
Arcade, a GameFi platform that’s democratizing web3 gaming, announced it has just raised $3.2 […]
Crypto industry is riding out the bear market, DappRadar’s new Q3 industry report shows
In August, we covered DappRadar’s blockchain industry report where we discussed how the crypto market has […]
Crypto exchange startup FTX in talks to raise up to $1 billion at about $32 billion valuation
FTX is in talks to raise up to $1 billion in fresh funding that would […]
Crypto gaming startup Animoca Brands raises $110M to advance digital property rights and build the open metaverse
Private investments in technology startups have cooled down significantly in recent months due to […]
FDIC orders crypto exchange FTX to stop ‘false and misleading’ claims that crypto funds are insured by the US government
Crypto exchange FTX found itself in hot water over a now-deleted tweet where it claimed […]
Crypto exchange Bitget launches a $200M protection fund to secure and safeguard users’ digital assets
In recent months, we’ve heard horror stories of millions of crypto investors losing their […]
Here are the winners and losers of the crypto bear market, according to the new DappRadar report
The crypto bear market is here and no one knows how long it’s going […]
FTX in talks to acquire South Korean crypto exchange startup Bithumb
Crypto exchange FTX continues its acquisition spree this week after a new report that Sam Bankman-Fried’s […]
This crypto hedge fund went from $10 billion to zero in just 3 months; founders gone missing
BlockFi, Celsius Network, and Voyager Digital are just a few of the companies with exposure […]
Bankman-Fried, founder and CEO of Crypto exchange FTX, says the company has “a few billion” to support the embattled crypto industry
FTX, one of the largest cryptocurrency exchanges, has become the savior of the crypto industry […]
Troubled crypto hedge fund Three Arrows Capital ordered into liquidation by a court in the British Virgin Islands; to sell assets and holdings in crypto startups
Remember Three Arrows Capital, the crypto hedge fund that led to the demise of crypto […]
Gemini, a crypto exchange founded by the Winklevoss twins, lays off 10% of its workforce amid crypto slump
Gemini, a crypto startup founded by billionaire twins Cameron and Tyler Winklevoss, announced on […]