Voyager Digital has Confirmed it has Filed for Bankruptcy
Voyager Digital is now part of the growing number of CeFi companies that are suffering due to exposure to Three Arrows Capital, falling crypto asset prices, and other factors.
Study Claims NFT’s are Most Popular in Singapore and Least Popular in Poland
Non-fungible token (NFT), sales dropped 23.37% in the last seven days. 30-day statistics show that NFT sales have fallen 63.10% compared to the previous month. A recent study has shown that NFT interest is declining. However, global regions such as Singapore and Hong Kong are leading the charge in terms of NFT interests. According to the research, “Poland is anti-NFT” is the country with the highest number of searches per country.
Meta (Facebook) Announces it will Slow Down Hiring and Could Start Layoffs due to Economic Downturn
Meta, formerly Facebook, is ready to deal with a strong market downturn. According to reports, Mark Zuckerberg (CEO of Meta) announced a change to the company’s hiring policies. The plan was to reduce the number of engineers that will be hired from 10K down to 6-7K. Zuckerberg previously warned of the metaverse pivot of Meta and how it could lead to it losing money in the future.
Chinese Venture Capital Firm Sequoia Capital China Could Raise a Staggering $9 Billion
Sequoia China is well-known for its support of many crypto companies, including Babel Finance, a troubled crypto lender that stopped withdrawals in June.
Senator Cynthia Lummis States Crypto Bill Leaves SEC Overview Intact
Decrypt’s gm podcast was joined by Sen. Cynthia Lummis to discuss how her crypto regulatory framework would divide up oversight between the CFTC, SEC.
Russians Citizens are Barred From Using Bitmex in the European Union
After July 11, 2022, BitMEX services will be no longer available to Russian residents or citizens.
Dubai Government Plans to take Some Departments to the Metaverse
According to reports, the Government of Dubai plans to make a portion of its offices available to metaverse users. According to statements made by Sharad Agarwal (chief metaverse officer at Cybergear), the country is looking for third parties to assist it in arranging the transfer of some of its departments into the virtual world.
Are we out of the Bear Market? Bitcoin Jumps 5% – Ethereum Jumps 9%
After the July 4th celebrations, leading cryptocurrency Bitcoin and Ethereum saw significant gains.
Hacker Who Stole Data of 1 Billion Chinese Citizens Demands 10 Bitcoins
Hackers stole personal information belonging to over 1 billion Chinese citizens. ChinaDan, an anonymous hacker who goes by the pseudonym claims to have stolen the information and is offering it for sale for 10 Bitcoin.
French Crypto Asset Manager Napoleon AM Gets Acquired by CoinShares
CoinShares had previously agreed to purchase the entire Napoleon Crypto SAS share capital for $14.5million in November 2021.
