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Coinbase Cuts 20% of Workforce

Coinbase, the largest cryptocurrency exchange, has cut 950 employees (20% of its workforce). This was announced on January 10th, 2023, as part of a 25% reduction in operating expenses.  This is the company’s third cut to staff in the past six months. Coinbase shares saw a rise in response to this. Although, it should be . . . read more



FTX Was Hacked (Don’t Use FTX Products)

FTX halted withdrawals. Then on Friday, Nov 11th FTX was hacked. Currently, neither FTX nor FTX.US are safe to use. Withdrawals aren’t active on either platform and neither app is safe to use at the moment.



FTX Global Halts Withdrawals Leaving Many Stuck

FTX Global has halted withdrawals leaving many stuck. While it is currently unknown if withdrawals will begin again or if there will be some sort of bailout, past situations hint that while relief should be coming, it won’t be coming any time soon. UPDATE: FTX.US is not currently safe to use. See FTX hack. This . . . read more


The ETH Merge Fork (ETHW)

Ethereum’s merge resulted in a PoW fork called ETHW. You can set your metamask for this network using the following info.


Luna Fork

Luna forked creating a new asset called Luna 2. Meanwhile existing Luna is called Luna Classic.



Super Bowl Crypto Referral Links

Here is a list of referral links for the crypto companies that showed commercials at the Super Bowl including Binance, FTX, Coinbase, and Crypto.com.


Whales Capitulate as Crypto Rallies

According to one metric, CDD (Coin Days Destroyed), which tracks coins that have been dormant, we just saw one of the biggest capitulation events ever. Right before Bitcoin rallied.