Huobi to Start Layoffs That Could 'Exceed 30%' — Founder May Sell Stake in Company – Bitcoin News
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Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company – Bitcoin News

According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li is reportedly looking to sell a large stake in the digital assets company. Colin Wu Reports Layoffs Are Coming to…

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Ethereum average gas fee falls down to $1.57, the lowest since 2020
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Ethereum average gas fee falls down to $1.57, the lowest since 2020

The Ethereum (ETH) ecosystem’s biggest roadblock to mainstream dominance is often attributed to the extremely high transaction fees or gas fees it requires to complete a transaction. However, with Ethereum’s average gas fees coming down to 0.0015 ETH, the narrative is set to change.  The average transaction fee on the Ethereum blockchain fell down to 0.0015 ETH or $1.57 —…

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How Bitcoin Saved A High-Risk Business
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On July 4th, Use Bitcoin And Protect Freedom

This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the Infantry before transitioning to the Finance Corps. “[P]aper is poverty, that it is the ghost of money, and not money itself.” — Thomas Jefferson While the Founding Fathers understood the importance of hard and scarce money in…

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Independence Day, The Founders And Bitcoin
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Independence Day, The Founders And Bitcoin

Introduction: A Republic Built On Hard Money On July 4, 1776, the Continental Congress approved the Declaration of Independence, marking the United States’ formal succession from Great Britain. The Declaration contained revolutionary language, written by men willing to use violence and sacrifice their lives to throw off the bonds of tyranny and secure their rights to self-determination: “…it is the…

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Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low – Altcoins Bitcoin News
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Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low – Altcoins Bitcoin News

On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees Drop to the Lowest Range…

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Crema Finance shuts liquidity protocol on Solana amid hack investigation
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Crema Finance shuts liquidity protocol on Solana amid hack investigation

Crema Finance, a concentrated liquidity protocol over the Solana blockchain, announced the temporary suspension of its services owing to a successful exploit that has drained a substantial but undisclosed amount of funds. Soon after realizing the hack on its protocol, Crema Finance suspended the liquidity services to refrain the hacker from draining out its liquidity reserves — which include the…

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The future is a process, not a destination
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The future is a process, not a destination

On June 10, many were surprised by the news that TBD, a subsidiary of Block, Twitter’s co-founder Jack Dorsey, announced the launch of the Web5 platform. Web 1, 2, 3 and now Web 5? But where is Web 4? Those who don’t care about number sequences can just downloaded Web 7. But first, so that no one gets behind in…

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Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet
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Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet – Featured Bitcoin News

Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wallet for the metaverse, announced by Meta CEO Mark Zuckerberg. Crypto Project Novi Ending Facebook owner Meta Platforms Inc. (Nasdaq: META) announced Friday that its crypto project pilot Novi…

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The development of blockchain industry and how to defend against attacks on DeFi
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The development of blockchain industry and how to defend against attacks on DeFi

Nowadays, the blockchain market as a whole is in its infancy, and the decentralized finance (DeFi) market is its most promising part. According to DefiLlama data, in 2021, the DeFi market had around $200 billion of liquidity locked in smart contracts. If we view this capital as an initial investment, this market looks like a highly promising venture. Not too…

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