Tag: crypto winter

Is the NFT Marketplace failing after a decade of success?

Africa's NFT market had a total revenue of $3420.4 million, according to Research and Markets. The global sales of NFT in...

Is the third largest crypto exchange, Kraken, facing bankruptcy?

Initially, Kraken acquired $5 million in a Series A round of Funding. Kraken had to release at least 1100 employees from its branches...

South Africa’s Luno crypto exchange forced to cut of 35% of its staff to survive

Luno recently announced its plans to lay off 35% of its Workforce on the 1st of February. In 2020, DCG officially purchased...

Bankrupt crypto exchange platforms that intensified the 2022 crypto winter

The FDIC often ensures that if a bank falls, it can insure deposits allowing its users to access their funding. Unfortunately, bankrupt crypto...

Metropolitan Bank succumbs to crypto winter

Metropolitan Bank announced that it intends to end all crypto-related services due to the long-standing effects of the crypto winter The Metropolitan Commercial...

Crypto Winter into an ice Age in 2023

According to David Marcus, CEO of Lightspark, a Bitcoin-focused company, the crypto is showing no signs of warming up. The direct Bitcoin/Crypto price...

Web3 2022 review; How NFT, Crypto and the Metaverse intertwine

Cryptocurrency is by far the highlight of Web3 in 2022 Metaverse provides a virtual environment akin to the real world, while cryptocurrency...

Bitcoin catches the cold as crypto winter lowers its price again

Marred with hacks, scams and crashes, there are better years than 2022 for the crypto ecosystem Bitcoin has taken a heavy hit, and...

Kraken lays of 1100 employees following the crypto crash outweigh

Kraken is among the first crypto exchange platforms to pioneer the Golden Age of Bitcoin alongside Mt Gox Over 1100 employees will lose...

Will the crypto market ever recover from the crash

Through 2021, the crypto market was very volatile, with bitcoin plunging almost 50 per cent between April and July. So far, in 2022, the...

Upcoming crypto winter: How will it affect Africa’s crypto ecosystem

The first ever recorded crypto winter was experienced in 2018 after crypto made it to the mainstream When a crypto winter comes knocking,...