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Elon Musk says X payments will eliminate need for bank account by end of 2024
Twitter/X owner Elon Musk revealed new details of his planned payment services during an all-hands staff meeting, as reported by The Verge on Oct. 26. Musk said the new feature will cover almost all areas of finance, stating: “When I say payments, I actually mean someone’s entire financial life. дальше »
2023-10-29 06:00 | |
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Gensler takes questions on spot Bitcoin ETFs, but keeps cards close to chest
U. S. Securities and Exchange Commission (SEC) chair Gary Gensler spoke to Bloomberg about several pending spot Bitcoin (BTC) ETFs on Oct. 18. In his interview, Gensler acknowledged that around ten Bitcoin exchange-traded fund (ETF) proposals are currently awaiting a decision from SEC staff. дальше »
2023-10-19 23:55 | |
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Yuga Labs prioritizes Otherside development following recent company reform
Yuga Labs CEO Daniel Alegre has confirmed that the company finished its reorganization process, which forced it to reduce its staff early in October. He added that they will now prioritize developing Otherside, its metaverse extension. дальше »
2023-10-19 17:41 | |
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Crypto ‘Endemic’ Funds ‘Drugs, Guns, & Girls’ in the UK: Met Police Detective
The Metropolitan Police and the National Crime Agency in the UK are increasing their focus on crypto-related crime, recruiting more staff and opening senior roles for crypto investigators. The post Crypto ‘Endemic’ Funds ‘Drugs, Guns, & Girls’ in the UK: Met Police Detective appeared first on BeInCrypto. дальше »
2023-10-18 09:15 | |
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Canada central bank assesses innovations and challenges of DeFi
The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance. дальше »
2023-10-17 12:49 | |
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FTX Dramatic Escape In 2022: How Consultants Thwarted A High-Stakes Heist
In a shocking turn of events, cryptocurrency exchange FTX faced a double blow as it grappled with bankruptcy and a massive crypto theft that threatened to wipe out its remaining assets. Now, new details have emerged about the nightmarish evening when FTX’s staff and a team of consultants raced against time to prevent what could […] дальше »
2023-10-10 23:00 | |
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Bitmain suspends employee pay amid financial turmoil
Bitmain, a major player in the Bitcoin mining industry, has suspended employee salaries in response to financial struggle and poor progress on its mining operations. According to reports from internal employees at the company, this suspension includes both performance and basic wages, and impacts all Bitmain staff. дальше »
2023-10-10 22:20 | |
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Inside Job Suspected As Huobi Wallet Falls Victim To $263,000 Exploit
According to multiple reports, iToken, formerly known as Huobi Wallet, fell victim to a crypto heist in the last week, leading to the loss of $263,000 worth of users’ assets. The incident draws much attention following recent police investigations into some of Huobi’s former staff. дальше »
2023-10-8 14:40 | |
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Former Voyager Digital CEO faces CFTC enforcement action: Bloomberg
CFTC staff were evaluating the possibility of initiating action against Ehrlich. Prior to this, the company faced scrutiny from the U.S. Federal Trade Commission. The United States CommoditThe post Former Voyager Digital CEO faces CFTC enforcement action: Bloomberg appeared first on AMBCrypto. дальше »
2023-10-7 13:30 | |
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Yuga Labs cuts staff as part of larger restructuring
Yuga Labs, the company behind Bored Ape Yacht Club, has laid off a portion of its staff according to a blog post published by the firm on Oct. 6. The company’s CEO, Daniel Alegre, wrote: “After … thoughtful consideration, I have decided that we need to restructure the Yuga Labs teams. дальше »
2023-10-7 02:00 | |
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US Regulators Eye Sanctions Against Former Voyager CEO In Bankruptcy Probe
Stephen Ehrlich, the co-founder of Voyager Digital, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for alleged violations of derivatives regulations. Bloomberg has revealed that the CFTC’s enforcement division staff conducted a probe into Ehrlich’s conduct, concluding that he misled customers regarding the safety of their assets. Voyager Co-founder Found In […] дальше »
2023-10-7 01:00 | |
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SBF Trial Day 3 – Former FTX CTO claims SBF granted Alameda Research ‘special privileges’ during witness testimony
The third day of the trial against Sam Bankman-Fried (SBF) unveiled deeper insights into the company’s financial operations and its founder’s personal habits. In the morning session, testimony from Adam Yedidia, a college acquaintance of Bankman-Fried and a former Alameda and FTX staff member, provided a glimpse into the backend operations of FTX. дальше »
2023-10-6 04:07 | |
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Ledger reduces staff by 12% as controversial Recover feature looms
Hardware wallet manufacturer Ledger announced in a blog post on Oct. 5 that it will lay off a significant percentage of its staff while continuing operations. The company’s CEO, Pascal Gauthier, wrote in a letter: “Macroeconomic headwinds are limiting our ability to generate revenue, and in response to the current market conditions and business realities […] The post Ledger reduces staff by 12% as controversial Recover feature looms appeared first on CryptoSlate. дальше »
2023-10-6 01:40 | |
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Meta Slashes Custom Chipmaker Workforce Amid Renewed AR/VR Metaverse Push
Meta is reportedly laying off staff in its Reality Labs division, which could impact the development of its augmented reality (AR) and virtual reality (VR) products, potentially hindering its metaverse project. дальше »
2023-10-4 09:30 | |
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Chainalysis cuts staff by 15%, shifts to government contracts
In response to challenging market conditions, blockchain analytics firm Chainalysis has confirmed a significant workforce reduction, shedding approximately 15% of its employees, totalling around 150 staff members. дальше »
2023-10-4 10:03 | |
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Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had hoped would be a rapid path to listing as a public company. дальше »
2023-10-2 16:20 | |
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SEC’s Gensler taken to task over crypto custody guidance again in House hearing
The SEC’s controversial Staff Accounting Bulletin 121 has received much criticism since its publication in March 2022.
дальше »2023-9-28 23:31 | |
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Gemini Plans to Expand Staff and Invest $24 Million in India
Crypto exchange Gemini plans to invest $24 million in India over the next two years, expanding its operations and increasing its workforce in its Gurgaon office. The post Gemini Plans to Expand Staff and Invest $24 Million in India appeared first on BeInCrypto. дальше »
2023-9-26 17:00 | |
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Binance faces increased SEC scrutiny as executives depart
As a wave of Binance staff, including its US CEO, resigns, the SEC intensifies its case, urging the court to allow deeper investigation into the crypto giant’s activities. In a court filing, the SEC recast accusations against CZ’s companies and… дальше »
2023-9-19 10:28 | |
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Industry insiders challenge Voorhees ‘cryptocurrency over democracy’ stance
A recent keynote address by American entrepreneur and early Bitcoin adopter Erik Voorhees has ignited a debate regarding the intersection of democracy and cryptocurrency adoption. However, according to senior staff software engineer at Coinbase, Yuga Cohler, while engaging, Voorhees’ speech presents an overly simplistic and potentially damaging viewpoint that may impede rather than encourage the […] The post Industry insiders challenge Voorhees ‘cryptocurrency over democracy’ stance appeared first on CryptoSlate. дальше »
2023-9-18 11:15 | |
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Binance.US Plagued By Staff Exodus: Legal And Risk Executives Abandon Ship
In recent developments, Binance. US, the American affiliate of cryptocurrency giant Binance, is engulfed in a storm of legal challenges and a wave of executive departures. Related Reading: Ethereum Leverage Ratio Is Rising, What Does It Mean? Binance. дальше »
2023-9-15 00:00 | |
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Binance US was weighing selling CZ’s stake, report says
The company considered selling Changpeng Zhao’s shares to continue with growth plans but decided to lay off one-third of its staff instead. Binance US was weighing selling shares controlled by Binance co-founder Changpeng Zhao (CZ) to stick to the company’s… дальше »
2023-9-14 13:34 | |
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Binance US CEO leaves as company lays off third of its staff
Binance US, the American subsidiary of the crypto exchange giant, has laid off 100 employees, or a third of its staff, following the departure of its CEO. Bloomberg reports that the former CEO, Brian Shroder, who joined Binance in September… дальше »
2023-9-13 16:27 | |
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Binance US reduces staff by a third, CEO leaves
Binance US has been facing regulatory pressure from the SEC. Binance’s US cryptocurrency market share dropped from more than 22% in April to approximately 0. 9% by June 26. Norman Reed, the Chief Legal Officer of Binance US, has assumed the role vacated by Brian Shroder. дальше »
2023-9-13 08:51 | |
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FBI Interviews Winklevoss Twin On DCG’s Crypto Fraud Charges
Cameron Winklevoss, co-founder of the crypto trading platform Gemini Trust Co, has been interviewed by agents from the Federal Bureau of Investigation (FBI), staff from the Securities and Exchange Commission (SEC), and New York City prosecutors in recent months, according to a source familiar with the matter. дальше »
2023-9-8 09:10 | |
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