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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »

2024-6-13 04:00


Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release

A group of 108 former federal prosecutors and agents have signed a public letter to U.S. Secretary of State Antony Blinken urging the State Department to “step up” its efforts to secure Binance compliance head Tigran Gambaryan’s release from a Nigerian prison, Axios reported Thursday evening. дальше »

2024-6-8 04:59


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Bitcoin-based meme coin Dog (Runes), formerly DOG•GO•TO•THE•MOON, hits new ATH

The cryptocurrency market has witnessed a remarkable surge in Bitcoin-based meme coins. Leading the charge is Dog (Runes) formerly DOG•GO•TO•THE•MOON. Despite todays market correction, the Dog (Runes) has experienced a 240% surge over the past month as previously reported, reaching a new all-time high (ATH) as previously reported. дальше »

2024-6-5 15:49


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Aave tops $20 billion in deposits amid record revenue and fee switch discussions

Aave community members are pushing for a fee switch proposal after the DeFi protocol’s annualized revenue reached new highs this week. On June 2, Matthew Graham, a member of the Aave liquidity committee, reported that the protocol was “averaging just over $80 million in annual revenue from seven Aave v3 & v2 deployments” across various […] The post Aave tops $20 billion in deposits amid record revenue and fee switch discussions appeared first on CryptoSlate. дальше »

2024-6-5 14:30


Crypto Analyst Unveils Top 7 Solana Altcoins Poised for Parabolic Growth Amid SOL ETF Approval Rumors

As the cryptocurrency market eagerly awaits the potential approval of a Solana ETF, analyst Ardizor has identified Solana-based altcoins that could experience parabolic growth. According to a tweet by Ardizor, CNBC news reported that the Solana ETF is next in line for approval, signaling a positive outlook for the future global growth of the crypto […] The post Crypto Analyst Unveils Top 7 Solana Altcoins Poised for Parabolic Growth Amid SOL ETF Approval Rumors appeared first on CaptainAltcoin. дальше »

2024-5-31 12:30


Lost And Found: Hackers Successfully Access Decade-Old Bitcoin Wallet, Retrieve $3 Million

In an extraordinary turn of events, two hackers have successfully cracked the long-forgotten password of a digital wallet, leading to the recovery of approximately $2 million worth of Bitcoin (BTC).   Lost Bitcoin Fortune Unlocked As reported by Wired, the story began in 2013 when an individual known by the alias “Michael” securely stored his Bitcoin holdings in a password-protected digital wallet. дальше »

2024-5-31 03:00


Swipe Right For Scams? Canadian Authorities Warn Of Rising Crypto Frauds On Dating Apps

As summer heats up, so does the activity of crypto scammers on Canadian dating apps and websites. The Canadian Anti-Fraud Centre (CAFC) has reported a troubling rise in romance and investment scams, also known as ‘pig butchering’ targeting individuals on dating platforms, involving sophisticated schemes that leverage cryptocurrencies. дальше »

2024-5-30 03:00


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Could Bitbot benefit after Nvidia’s blockbuster quarter?

Nvidia Corp reported another blockbuster quarter last week but Dan Ives of Wedbush Securities is convinced “the party is just getting started” for artificial intelligence. Nvidia report bodes well for the AI projects The semiconductor behemoth issued impressive guidance as well on May 22nd and announced s 10-for-1 stock split after its share price surpassed […] дальше »

2024-5-28 14:49


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Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher

Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum. Optimism Sees Higher Activity And Rising Transaction Fees According to a recent Messari report, Optimism’s circulating market cap increased 11% quarter-over-quarter (QoQ) to $3. дальше »

2024-5-18 05:00