Crypto market bloodbath leads to over 0M in liquidations in 24 hours

Crypto market bloodbath leads to over $500M in liquidations in 24 hours

The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past month. Bitcoin (BTC), which was looking to break through $25,000 resistance last week, fell below $22,000 to register a new…

Hodlnaut cuts 80% of staff, applies for Singapore judicial management

Hodlnaut cuts 80% of staff, applies for Singapore judicial management

Cryptocurrency lending firm Hodlnaut has cut most of its workforce and has applied to be placed under judicial management due to bleak financial circumstances. Hodlnaut, which offers interest-bearing cryptocurrency investment options in vetted institutions, confirmed the dire state of affairs on Aug. 19. The company’s poor financial position has been…

Barcelona’s move for Juan Foyth could free up Sergino Dest to Manchester United – Man United News And Transfer News
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Barcelona’s move for Juan Foyth could free up Sergino Dest to Manchester United – Man United News And Transfer News

As the end of the summer transfer window draws nearer, the number of players being linked to Manchester United increase by the hour. United’s need to recruit in midfield and attack are dominating headlines. Real Madrid’s Casemiro seems to be the most likely arrival as of now. Another slot where…

Just Eat Takeaway Grabs Cash, Sells Brazil’s iFood to Prosus for EUR 1.8 Billion

Just Eat Takeaway Grabs Cash, Sells Brazil’s iFood to Prosus for EUR 1.8 Billion

Technology investor Prosus said on Friday it would pay up to EUR 1.8 billion (roughly Rs. 14,500 crore) to buy the 33 percent stake in Brazil’s iFood from rival Just Eat Takeaway.com that it does not already own. The deal will give Prosus sole control of iFood, considered one of…