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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

KuCoin denies mass layoffs, says cuts are part of normal operations
KuCoin denies mass layoffs, says cuts are part of normal operations

KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some “personnel adjustments” in the future.

Cointelegraph·2023/07/25 18:20
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk·2023/07/25 12:47
Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs
Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs

A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.

Coindesk·2023/07/25 11:45
Alphapo payment provider hack now estimated at over $60M — ZachXBT
Alphapo payment provider hack now estimated at over $60M — ZachXBT

The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack.

Cointelegraph·2023/07/25 11:21
Crypto Firm Flashbots Raises $60M in Paradigm-Led Round
Crypto Firm Flashbots Raises $60M in Paradigm-Led Round

The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).

Coindesk·2023/07/25 10:18
DeFi Headed Toward a ‘Major Resurgence,’ Tribe Capital’s Boris Revsin Says
DeFi Headed Toward a ‘Major Resurgence,’ Tribe Capital’s Boris Revsin Says

The managing partner of the $1.6 billion investment firm says infrastructure is the key to transforming crypto into a $10 trillion industry.

Coindesk·2023/07/25 09:47
Bridge Protocol LayerZero Passes 50M Cross-Chain Messages
Bridge Protocol LayerZero Passes 50M Cross-Chain Messages

The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps.

Coindesk·2023/07/25 09:09
Overheard at EthCC — Is Crypto Back, Boosted by Artificial Intelligence?
Overheard at EthCC — Is Crypto Back, Boosted by Artificial Intelligence?

The intersection of AI and crypto has everyone riled up, but there is little agreement on what is its best iteration.

Coindesk·2023/07/25 06:51
AI and dot-com bubble share some similarities but differ where it counts
AI and dot-com bubble share some similarities but differ where it counts

AI has seen massive growth in recent years, leading to comparisons with the now infamous dot-com bubble and crash of the 1990s.

Cointelegraph·2023/07/25 06:44
Elon Musk says X will offer an ‘entire financial world’ in the coming months
Elon Musk says X will offer an ‘entire financial world’ in the coming months

In light of Twitter’s rebranding, Elon Musk says users can expect to conduct their “entire financial world” via the X platform in the coming months.

Cointelegraph·2023/07/25 06:16
Flash
  • 15:01
    RootData: Notcoin token (NOT) rose 56.88% in 24 hours
    According to ChainCatcher, according to RootData data, Notcoin token (NOT) rose 56.88% in 24 hours and is now at $0.020. According to RootData, a Web3 asset data platform, Notcoin is a game based on Telegram, where users can earn in-game tokens by clicking on coin images. Notcoin's goal is to try to attract the public to the cryptocurrency field by attracting the public and removing the complex barriers to handling tokens.
  • 15:01
    Data: More than $12 million worth of tokens will be unlocked next week
    According to ChainCatcher, Token Unlocks data shows that GAL, HFT and other tokens will be unlocked at one time next week, with a total release value of approximately US$12 million. Among them: Liquity (LQTY) will unlock about 657,000 tokens at 8:00 am Beijing time on June 5, which is 0.68% of the current circulation and worth about US$760,000; Galxe (GAL) will unlock about 2.03 million tokens at 8:00 am Beijing time on June 5, which is 1.76% of the current circulation and worth about US$7.4 million; Euler (EUL) will unlock about 60,000 tokens at 1:14 am Beijing time on June 7, which is 0.32% of the current circulation and worth about US$290,000; Hashflow (HFT) will unlock about 13.62 million tokens at 8:00 pm Beijing time on June 7, which is 3.36% of the current circulation and worth about US$4 million.
  • 15:00
    Nigeria Becomes the Country Most Interested in Bitcoin
    Golden Finance reported that Google Trends statistics show that Nigeria has become the country with the most interest in Bitcoin, and El Salvador is second. Regions with low security levels, low bank penetration and a high proportion of millennials are more likely to adopt Bitcoin as a trusted means of storing value and convenient payment. The Nigerian government has recently taken some actions to try to solve economic difficulties and prevent currency collapse. In May 2024, the Nigerian government began preparing to introduce new regulations to ban P2P transactions of national currency and cryptocurrency.