June 2022

BITCOIN ERASES LOSSES AS FED RAISES INTEREST RATES BY 0.75% IN LARGEST HIKE SINCE 1994

Leave a Comment / Bitcoin News / Forks Daily

FOMC Chair Jerome Powell assured investors that the Fed is ‘not trying to induce a recession’ in the United States. The Federal Open Markets Committee (FOMC) raised its target interest rates by 75 basis points on Wednesday, the largest rate hike since 1994. The raise came in line with market expectations that foresaw a more […]

BITCOIN ERASES LOSSES AS FED RAISES INTEREST RATES BY 0.75% IN LARGEST HIKE SINCE 1994 Read More »

Following Meta, Yahoo Announces Metaverse Activities in Hong Kong

Leave a Comment / Business, Metaverse / Forks Daily

American web services provider Yahoo has announced that it is launching a series of metaverse activities in Hong Kong. Yahoo plans to launch activities to explore the use of immersive advertising technologies. The company’s announcement comes a day after Meta Platforms announced similar plans to use Hong Kong as a testing ground to roll out

Following Meta, Yahoo Announces Metaverse Activities in Hong Kong Read More »

Russia Developing Sandbox for Cross-border Crypto Payments

Leave a Comment / Cryptocurrency / Forks Daily

An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments for Exports in Dedicated Sandbox The Russian Export Center (REC), which is a

Russia Developing Sandbox for Cross-border Crypto Payments Read More »

Coinbase Lays Off Around 1,100 Employees

Leave a Comment / Business, CeFi News / Forks Daily

The exchange is reducing its workforce by roughly 18%. CEO Brian Armstrong admits the company “grew too quickly.” Coinbase Global (COIN) is laying off around 1,100 employees as part of a cost cutting plan, the company said in a filing on Tuesday. Coinbase initially said in May it was paring back its hiring plans and then later said it

Coinbase Lays Off Around 1,100 Employees Read More »

Crypto Markets In Turmoil After Celsius Suspends Withdrawals

Leave a Comment / Defi for Dummies / Forks Daily

The crypto markets have suffered another flash crash after the custodial service provider Celsius announced to put all withdrawals on hold. Insolvency worries grow On Monday, Celsius pushed an announcement via email, notifying account holders that they will be temporarily unable to withdraw, swap, or transfer assets held on the custodial staking and lending

Crypto Markets In Turmoil After Celsius Suspends Withdrawals Read More »

Putin is ‘another Hitler in the making,’ Egyptian billionaire Sawiris says

Leave a Comment / Global News / Forks Daily

An aerial view shows destroyed houses after strike in the town of Pryvillya at the eastern Ukrainian region of Donbas on June 14, 2022, amid Russian invasion of Ukraine. Aris Messinis | AFP | Getty Images KEY POINTS Russian forces now occupy about 20% of Ukraine, and bloody fighting rages in the eastern Donbas region,

Putin is ‘another Hitler in the making,’ Egyptian billionaire Sawiris says Read More »

Will Bitcoin Fall to ,800? — What an 80% Drawdown Will Look Like From Here

Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here

Leave a Comment / Bitcoin News / Forks Daily

On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing,

Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here Read More »

French Fashion Brand Lacoste Enters Web3 With NFT Collection

Leave a Comment / Metaverse / Forks Daily

French fashion brand, Lacoste has made a dive into the non-fungible token (NFT) ecosystem as it has launched its own collection dubbed Underwater (UNDW3). The collection consists of 11,212 NFTs, priced at 0.08 Ethereum per piece. The NFTs feature a 3D version of the crocodile, the fashion company’s brand logo with a robotic, glowing eye

French Fashion Brand Lacoste Enters Web3 With NFT Collection Read More »

Coinbase lays off 18% of workforce as executives prepare for recession and ‘crypto winter’

Leave a Comment / Business, CeFi News / Forks Daily

KEY POINTS Coinbase will cut 18% of full-time jobs, according to an email sent to employees Tuesday. CEO Brian Armstrong pointed to a possible recession, a need to manage costs and growing “too quickly” during a bull market. “We appear to be entering a recession after a 10+ year economic boom,” Armstrong says. “While it’s

Coinbase lays off 18% of workforce as executives prepare for recession and ‘crypto winter’ Read More »

BITCOIN ERASES LOSSES AS FED RAISES INTEREST RATES BY 0.75% IN LARGEST HIKE SINCE 1994

Following Meta, Yahoo Announces Metaverse Activities in Hong Kong

Russia Developing Sandbox for Cross-border Crypto Payments

Coinbase Lays Off Around 1,100 Employees

Crypto Markets In Turmoil After Celsius Suspends Withdrawals

Putin is ‘another Hitler in the making,’ Egyptian billionaire Sawiris says

Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here

French Fashion Brand Lacoste Enters Web3 With NFT Collection

Coinbase lays off 18% of workforce as executives prepare for recession and ‘crypto winter’

Floor price of popular NFT collections collapse due to bear market

Forks Daily

Categories

Pages

Company Info

Social media Links

contact@forksdaily.com

Copyright © 2021 - 2023 Forks Daily. All Rights Reserved.