Crypto Lender Hodlnaut Lays off 80% of the Working Employees | Curated CoinCodeCap #19 August 2022

Crypto Lender Hodlnaut Lays off 80% of the Working Employees | Curated CoinCodeCap #19 August 2022

Technology
August 20, 2022 by
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Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme. While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday: COINCODECAP MARKETS Our Blockshots Podcast 🎙️🎤 This week we sit with Jon Wu and Joe
Crypto Lender Hodlnaut Lays off 80% of the Working Employees | Curated CoinCodeCap #19 August 2022

Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.

While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:

COINCODECAP MARKETS

Our Blockshots Podcast 🎙️🎤

This week we sit with Jon Wu and Joe Andrews from the Aztec team, to discuss Ethereum scaling problems, the case for privacy on blockchain and how Aztec network enables private access to dApps on Ethereum.

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Crypto Lender Hodlnaut Lays off 80% of the Working Employees

Battered Singapore-based crypto lender Hodlnaut disclosed an investigation by the Singapore police, adding that it has also laid off 40 people. The crypto lender said there are “pending proceedings” between the company and Singapore police and that the layoffs were to reduce the company’s expenditure. Keep Reading »

FTX Restricted a User From Interacting with ZK Money

FTX appears to be preventing users from sending funds that have interacted with the privacy-focused Aztec protocol, which employs zkSNARKs technology to improve the anonymity of Ethereum transactions. Colin Wu, a Crypto Reporter, revealed this. Keep Reading »

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Genesis Lays off 20% of its Workforce

Genesis Global Trading is cutting off 20% of its 260-person workforce, just weeks after it was disclosed in court filings that the crypto brokerage firm lent $2.4 billion to the now-dissolved crypto hedge fund Three Arrows Capital Ltd. Keep Reading »

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NFT Market Update | CoinCodeCap’s Weekly

At the start of the week, we saw that the number of sales decreases towards its lowest at 9th August. On 9th August the number of sales was 25.8K. After that, the data showed an increase, and on 13th August the number of sales increased to 34.5K towards its highest Keep Reading »

Market Updates

HT Price Analysis August 2022

HT is a token of the platform Huobi. Its current price is around $4.72 by the time of writing, with a low of $4.30, and has a market cap of 723 million dollars. Keep Reading »

XRP Price Analysis August 2022

XRP is a token of platform XRP LEDGER. Its current price is around $0.3733 by the time of writing, with a low of $0.2906, and has a market cap of 18.3 billion dollars. Keep Reading »

LDO Price Analysis August 2022

LDO is a token of the platform LIDO. Its current price is around $2.56 by the time of writing, with a low of $0.406, and has a market cap of 800 million dollars. Keep Reading »

RVN Price Analysis August 2022

RVN is a token of the platform Ravencoin. Its current price is around $0.04106 by the time of writing, with a low of $0.01728, and has a market cap of 429 million dollars. Keep Reading »

Crypto to Look Out for this Week: BTC, ETH, BSV, ICX, NEO

The price of cryptocurrencies has dropped by 60% in the last few months. This has made it hard to deny that we are in a bear market. The prices for smaller assets such as ZCash also decreased by over 80%, and other significant drops were noted across the board. Keep Reading »

Top 3 Metaverse Crypto to Look Out for in June 2022: ONT, APE, MANA

ONT is the cryptocurrency of Ontology, a distributed ledger technology that uses consensus protocols and verifiable rules to ensure security & integrity. The price of Ontology will most likely increase in the future and is expected to be a good investment. ONT is built on the Ontology Blockchain. It is a high-speed, low-cost public chain that provides decentralized identity and data solutions to other chains in Web3. Keep Reading »

Crypto Gambling Coins to Look Out for This Week

Crypto gambling has exploded in recent years as more and more people around the world are continuing to take advantage of the many benefits that can be enjoyed when virtual currency is used. Keep Reading »

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Crypto Lender Hodlnaut Lays off 80% of the Working Employees | Curated CoinCodeCap #19 August 2022 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

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