
Celsius Network, a cryptocurrency lender, announced Monday that it needed additional time to resume operations by stabilizing its liquidity and stopping activity on Twitter.

WeChat, the Tencent-backed social messaging network in China, has announced its plans to tighten down on accounts tied to digital currencies and Non-Fungible Tokens in an indirect manner (NFTs).

According to Topp Jirayut Srupsrisopa, CEO of Thailand-based crypto exchange Bitkub, cryptocurrency exchanges should take up the role of improving financial understanding about digital assets as part of community responsibility.

Bybit, a cryptocurrency exchange platform, has announced the introduction of its grid trading bot.

The Non-Fungible Token (NFT) ecosystem is being impacted by the transitory resuscitation in the broader cryptocurrency industry, which has seen the total crypto market capitalization rise by 4.47 percent to $907.97 billion at the time of writing.

Bybit trading platform has joined the list of cryptocurrency exchanges that have announced plans to lay off employees in order to restructure their operations in the midst of the ongoing crypto market slump.

Cryptocurrencies are experiencing a major market fall, and the Federal Reserve is to blame, according to Sam Bankman-Fried, CEO of the FTX platform.

The once-glorious digital currencies are no longer deemed such, at least in the medium term, given the current nosedive in prices and valuation.

Binance, unlike any other cryptocurrency exchange, may be taking advantage of the recent market fall to increase its Bitcoin (BTC) holdings.

Despite rising fears about the unfolding crypto-economic catastrophe, Kraken exchange has made the audacious statement that it does not intend to lay off any employees.
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