Crypto News Today December Live Updates and Latest News: (January 6, 2023) The global digital asset market printed red indices on Friday morning after posting a broad rally for three straight days. The cumulative crypto market capitalization is $816 billion. The 24-hour trading volume has fallen by 15% to $27.4 billion.
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2023-01-06T15:00:00+5:30
Genesis-Parent DCG shuts down its wealth division unit amid troubles
Hours after news broke that Genesis Global had laid off 30% of its staff, parent company Digital Currency Group (DCG) decided to shut down its wealth division. This is the latest sign of trouble, as the company has faced a severe liquidity crisis on Genesis following the collapse of FTX.
Dubbed HQ Digital, Digital Currency Group (DCG) has closed its wealth management division, a company spokesperson confirmed. El Informative was the first to break the news.
2023-01-06T14:10:00+5:30
Hyundai Unveils Exclusive Auto Expo 2023 Pavilion At Metaverse
The country's second largest automaker, Hyundai Motor India, has unveiled the Hyundai Pavilion at Metaverse Space. The Hyundai Mobility Adventure on Roblox will also make its debut with the opening of Auto Expo 2023. Hyundai's virtual city, Hyundai Mobility Adventure, features five of the company's most popular vehicles, including the IONIQ 6, IONIQ 5, NEXO, TUCSON and VENUE N Line. Read more hereโฆ
2023-01-06T13:30:00+5:30
Tron's USDD Stablecoin Depegs, TRX Drops 8%
The global digital asset is struggling to keep up due to recent events such as the collapse of crypto exchange FTX and the Sam Bankman-Fried (SBF) FTT token. However, Justin Sun and his TRON ecosystem tokens face similar challenges in the crypto winter.
According to the data, Justin Sun's Tron USDD Stablecoin is decoupling strongly and could be in the process of collapsing. Read more hereโฆ
2023-01-06T12:45:00+5:30
Justin Sun confirms layoff of 20% of staff at Huobi
Tron founder Justin Sun said on Friday that cryptocurrency exchange Huobi plans to lay off 20% of its staff. While adviser Justin Sun previously denied rumors of layoffs, wage disputes and conflicts with employees, he says various "structural adjustments" have not started and are expected to be completed by the first quarter.
2023-01-06T12:00:00+5:30
Huobi token falls after reports of internal conflicts surfaced
Chinese crypto exchange Huobi Global's native token, Huobi Token, is down nearly 9% in the past 24 hours after reports of internal conflicts surfaced on social media. The trading volume of the crypto exchange also decreased by 23% in the last 24 hours. Read more hereโฆ
2023-01-06T11:30:00+5:30
Bitcoin Price Falls as Silvergate Shares Tumble
Bitcoin price drops after news broke of Silvergate laying off employees. It is down 0.20% in the last 24 hours.
Bitcoin was trading at $16,878.68 at 21:25 IST. However, at the time of writing, each BTC token costs 16,807.73 USD. The trading volume decreases by 14.27% during the last day. The crypto market capitalization currently sits at $323.753 billion. Read more hereโฆ
2023-01-06T11:00:00+5:30
NFT Trading Vol Hits 3-Month High
According to data provided by NFTGO Data, the single-day trading volume of the NFT market on January 5 exceeded 32,000 ETH, hitting a three-month high. On the same day, OpenSea's ETH-denominated trading volume also hit a two-month high.
2023-01-06T10:30:00+5:30
Crypto Market Crashes
The global digital asset market printed red indices on Friday morning after posting a broad rally for three straight days. The cumulative crypto market capitalization is $816 billion. The 24-hour trading volume has fallen by 15% to $27.4 billion.
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