Crypto payments platform Wyre shutters citing bear market conditions
    17 Jun 2023
    189 Views

    Wyre has begun the process of winding down and noted that interested parties can now start inquiring about purchasing the firm’s assets. San-Francisco-based crypto payments firm Wyre is shutting down after almost 10 years in business, citing the financial challenges of the bear market, and not anything to do with any hawkish “regulatory agency direction”…

    Ethereum network upgrade and uptick in Arbitrum active users could trigger an ARB price reversal
    17 Jun 2023
    180 Views

    Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to the ARB price. While the Arbitrum governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth. A recent Nansen report shows that Arbitrum’s activity improved after the airdrop, stabilizing…