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” Crypto recruitment execs reveal the safest jobs amid layoff season “ Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe. It’s been a tough first few weeks…
” Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market. “ There’s no denying that the crypto market has been gripped by immense bearish pressure over the past year, as made evident by the fact that the total capitalization of this sector has continued to hover below the $900 billion…
” Nic Carter dives into proof-of-reserves, ranks exchange attestations “ Bitcoin advocate Nic Carter has released an in-depth analysis of centralized exchange proof-of-reserves and ranked the attestations provided by some of the most prominent crypto trading platforms in the space. Carter published a detailed examination of the quality of several exchanges’ proof-of-reserves (PoR). The crypto…
” Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse “ The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20, the overall sentiment remains bearish and year-to-date losses amount to…
” Ethereum derivatives look bearish, but traders believe the ETH bottom is in “ Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors’ sentiment. Moreover, investors’ mood worsened after…
” Kraken settles with US Treasury’s OFAC for violating US sanctions “ The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, has announced a settlement with crypto exchange Kraken for “apparent violations of sanctions against Iran.” In a Nov. 28 announcement, OFAC said Kraken had agreed to pay more than $362,000 as…
” Binance proof-of-reserves is ‘pointless without liabilities’: Kraken CEO “ The collapse of the crypto exchange FTX revealed the importance of proof-of-reserves in avoiding situations involving the misappropriation of users’ funds. While exchanges have proactively started sharing wallet addresses to prove the existence of users’ funds, several entrepreneurs, including Kraken CEO and co-founder Jesse Powell,…
” US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week “ Bitcoin (BTC) has flooded out of exchanges in the past week as users become wary of security and regulatory scrutiny. Data from on-chain monitoring resource Coinglass shows United States exchanges in particular seeing heavy BTC balance reductions. U.S. exchanges…
” Crypto exchange Kraken freezes accounts related to FTX and Alameda “ United-States-based cryptocurrency exchange Kraken has frozen the accounts associated with “FTX Group, Alameda Research, and their executives,” on its exchange after engaging with authorities. In a Twitter post on Nov. 13, Kraken said the accounts were frozen “to protect their creditors” and added…
” NFTs will be ‘as disruptive’ as Bitcoin was 10 years ago — Kraken exec “ Non-fungible token (NFT) trading volumes may have dropped nearly 98% since January, but several industry executives tell Cointelegraph it’s nothing to fear as the technology continues to develop and mature. Jonathon Miller, managing director of cryptocurrency exchange Kraken in…