Is KuCoin About to Lay Off 30% of Its Workforce?

Crypto exchange KuCoin is reportedly laying off over 30% of its workforce, a move the company says is part of routine performance appraisals amid a broader trend of layoffs in the crypto industry. дальше »

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Additional $37M discovered in web3 casino payment provider hack

Alphapo, a cryptocurrency payment service provider, reportedly suffered a significant security breach within its hot wallet, resulting in a loss of over $60 million, with some reports suggesting total losses could amount to around $100 million, according to De. дальше »

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Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO

Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets. дальше »

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Japanese Investment Firm SoftBank Plunges Into AI With $100 Million Symbotic Joint Venture

Japanese investment firm SoftBank is partnering with robotic warehouse company Symbotic for a $100 million AI joint venture, GreenBox Systems LLC, and is reportedly buying Symbotic's AI systems for $7. дальше »

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Worldcoin to reportedly go live on Monday as AI gold rush fuels interest in AltSignals

AI-led token by Altman, Worldcoin, is said to go live on Monday Worldcoin’s launch comes when AI interest is growing with AltSignals, a recent entrant AltSignals value is expected to skyrocket when the token lists amid high demand AI is becoming the application technology in finance and beyond. дальше »

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OpenAI CEO Sam Altman’s Worldcoin Token (WLD) Goes Live on Binance

OpenAI CEO Sam Altman is reportedly launching his cryptocurrency project, Worldcoin Token (WLD), on July 24. The iris biometric cryptocurrency project, backed by Andreessen Horowitz, has already seen over 2 million digital ID signups. дальше »

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Binance reportedly accepting voluntary resignations

Binance is reportedly willing to accept voluntary terminations from employees дальше »

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Alphapo hot wallets hacked for over $31 million

The funds have been reportedly taken on the Ethereum blockchain. The number of Bitcoins stolen remains uncertain.

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Alphapo hacked, over $23 million in Bitcoin, Tron, and Ethereum stolen

Alphapo, a payment processor, reportedly fell victim to hackers, resulting in a loss of more than $23 million in various coins and tokens дальше »

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Nigerian central bank adds NFC upgrade to eNaira for contactless payments

The central bank reportedly emphasized that the addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC. дальше »

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American couple accused of laundering stolen Bitfinex funds arrange plea deal

A couple accused of money laundering in connection to a 2016 hack of the crypto exchange Bitfinex have reached a plea deal, Reuters said on July 21. Senior Judge Colleen Kollar-Kotelly has reportedly ordered prosecutors to file a copy of the plea deal from the accused, Heather Morgan and Ilya Lichtenstein, by July 27. дальше »

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SBF’s Brother Wanted to Buy Island Nation of Nauru With FTX Funds

Sam Bankman-Fried's brother reportedly wanted to buy the tiny and remote island nation of Nauru. The post SBF’s Brother Wanted to Buy Island Nation of Nauru With FTX Funds appeared first on BeInCrypto. дальше »

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Crypto media Coindesk might be sold for $125m

A group of investors are reportedly nearing a deal to acquire crypto media outlet Coindesk for $125 million.  According to the Wall Street Journal citing “people familiar with the matter,” the investor group is led by Matthew Roszak, founder and… дальше »

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$125M CoinDesk deal may be in final stages

A partial sale of the crypto news site CoinDesk valued at $125 million could soon be completed, the Wall Street Journal reported on July 20. The investor group reportedly involved in the sale is said to be headed by Peter Vessenes of Capital6 and Matthew Roszak of Tally Capital, the latter of which is focused […] The post $125M CoinDesk deal may be in final stages appeared first on CryptoSlate. дальше »

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Terraform Labs appoints new CEO from existing team: Report

Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months.

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Apple developing its own AI chatbot as an internal tool

Apple is developing artificial intelligence (AI) tool including a chatbot that is similar to ChatGPT, Bloomberg reported on July 19. Company members have reportedly been working on an internal framework for large language models called “Ajax” since 2022. дальше »

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Apple has its own GPT AI system but no stated plans for public release: Report

The Cupertino, California-based company reportedly developed an internal GPT system on Google infrastructure for employees to tinker with. дальше »

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Binance cuts employee benefits; hints at more layoffs as profits decline

Crypto exchange Binance has reportedly cut employee benefits effective June 19, citing a declining profit margin, Wall Street Journal reported on July 17. The exchange stated that its workers would no longer get mobile-phone reimbursement, fitness reimbursement, and other staff-related bonuses. дальше »

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Ethereum stablecoin developer Ethena secures $6 million funding

Ethena, a blockchain startup for Ethereum-backed stablecoins, has reportedly secured $6 million in a seed funding round. Axios reported on Monday that the startup’s funding round was led by Dragonfly Capital, a leading Web3 venture firm. дальше »

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Binance cuts back on employee benefits, citing ‘decline in profit’: Report

The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses, including the use of mobile phones, fitness and working from home. дальше »

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Binance lays off over 1,000 employees amid regulatory hurdle

Binance is reportedly laying off over 1,000 employees as part of a restructuring effort that could result in a reduction of more than a third. Wall Street Journal shared an insight on June 14. According to an unnamed Binance spokesperson,… дальше »

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Binance in Crisis: Should You Withdraw Your Funds While You Can?

In a shocking turn of events, Binance, one of the world’s leading cryptocurrency exchanges, has reportedly laid off over 1,000 employees. This news comes amidst a bullish market trend, raising eyebrows and sparking speculation within the crypto community. дальше »

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Binance Massive Layoff: Over 1,000 Employees Fired

Binance, one of the world’s largest cryptocurrency exchanges, has laid off over 1,000 employees in recent weeks, according to a report by the Wall Street Journal.   The ongoing exercise could reportedly result in Binance losing more than a third of its staff. дальше »

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Binance headcount reduction hits 1,000 employees: Report

The ongoing workforce reduction is reportedly global, with customer service workers heavily affected.

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Cross-chain bridge protocol Multichain ceases operations

Multichain protocol says its forced to cease operations due to recent events. CEO Zhaojun and his sister have reportedly been detained leaving the team with no operational funds. Multichain saw $125 million stolen on July 6, with blockchain security firm Chainalysis pointing to possible rug pull by insiders. дальше »

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You Can’t Buy XRP On Crypto.com Or Any Other US Exchange Except This One

Potential XRP investors from the United States have found themselves unable to purchase the cryptocurrency on the popular platform Crypto. com. This circumstance is not exclusive to Crypto. com, with many leading cryptocurrency exchanges in the country reportedly devoid of XRP listings. дальше »

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First European Bitcoin ETF set to launch this month after 12-month delay

Jacobi Bitcoin (BTC) exchange-traded fund (ETF), the first European BTC ETF,  is set to launch later this month on Euronext Amsterdam, Financial Times reported on July 13. Jacobi Asset Management reportedly stated that the fund was “on track” for listing this month as there was now demand for it following its initial 12-month-long hiatus because […] The post First European Bitcoin ETF set to launch this month after 12-month delay appeared first on CryptoSlate. дальше »

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Ex-Celsius CEO Alex Mashinsky Arrested As SEC, CFTC, FTC File Lawsuits Against Insolvent Crypto Lender

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Former Celsius Chief Executive Officer Alex Mashinsky Allegedly Apprehended

“Former Celsius CEO Alex Mashinsky Reportedly Detained Following SEC Lawsuit and Crypto Lender’s Bankruptcy” In a recent turn of events, Alex Mashinsky, the former CEO of the now-defunct cryptocurrency lender Celsius, has allegedly been arrested on the morning of July 13. дальше »

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US SEC files lawsuit against Celsius and Alex Mashinsky

Last week, a separate U.S. regulator, the CFTC reportedly found that Celsius and Alex Mashinsky broke several regulations before the collapse in 2022. дальше »

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Former Celsius CEO Alex Mashinsky reportedly arrested

The U.S. SEC filed a lawsuit against the bankrupt crypto lender on July 13 followed by news reports about the arrest of the former CEO Alex Mashinsky. дальше »

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Famous Trader Rakes in $951k in DEX Perpetual Trading In a Week – He Is Now Long On These 3 Coins

In a recent revelation by a leading crypto analyst on Twitter, Lookonchain, a well known trader Andrew Kang has demonstrated an impressive performance in perpetual trading over the past week. Kang, who goes by the handle @Rewkang on Twitter, has reportedly made a substantial profit of $921K on two platforms, Mux Protocol and GMX. дальше »

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Vitalik Buterin-Affiliated Whale Makes $4 Million Deposit at OKX

Digital currency 'whale' linked to Ethereum co-founder Vitalik Buterin has reportedly deposited staggering $4 million into OKX cryptocurrency exchange дальше »

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Legal proceedings start for Terraform Labs co-founder in South Korea: Report

Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea are reportedly underway. дальше »

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San Francisco’s superior court takes over Fei Protocol’s Discord server

The San Francisco Superior Court has reportedly taken control of Fei Protocol's Discord server in a class action settlement дальше »

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Coinbase domain name reportedly used by scammers in high-profile attacks

Twitter users have been sharing security incidents surrounding the crypto exchange, including claims that scammers are using Coinbase’s domain name for attacks. дальше »

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Binance’s CZ Shrugs Off News Of Senior Executive Personnel Resigning As Attempts To Spread FUD

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Former FTX boss reportedly rejected partnership with Taylor Swift

Unnamed sources now claim Taylor Swift, a well-known singer, was inclined to strike a deal with FTX, a now-defunct cryptocurrency exchange дальше »

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Nifty News: Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more

Sega is still reportedly licensing its lesser-known properties for NFTs and blockchain games, but its best ones are being kept close. дальше »

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Changpeng Zhao Calls News Around Exec Departures 'FUD'

Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over its handling of DOJ investigations. дальше »

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Binance CEO 'CZ' Brushes Off News of Top Executive Departures

Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over its handling of DOJ investigations. дальше »

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Georgia prosecutors reportedly charge billionaire George Bachiashvili for misappropriation of funds in Bitcoin, money laundering

Georgian news outlet Agenda reported Thursday that George Bachiashvili, the founder of the Georgian Co-Investment Fund, known for running a $6 billion private equity fund contributing about 40% to the nation’s GDP, has been charged with cryptocurrency misappropriation and money laundering. дальше »

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Circle eyes stablecoin launch in Japan as new policies take effect

Circle, the issuer of the USDC stablecoin, is reportedly exploring the possibility of launching a stablecoin in Japan following the implementation of new regulations governing stablecoins in the Asian nation. дальше »

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CFTC to find Celsius and Former CEO Mashinsky violated US rules, Bloomberg reports

Commodity Futures Trading Commission (CFTC) investigators have reportedly found that crypto lending platform Celsius Network violated US regulations before bankruptcy. These violations also implicated the firm’s former CEO, Alex Mashinsky, as reported by Bloomberg. дальше »

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Binance.US market share drops below 1% amid regulatory lawsuit: Report

The U.S. market share of Binance.US has reportedly dropped amid a Securities and Exchange Commission lawsuit, while Coinbase’s rose roughly 7% in June. дальше »

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South Korea to launch second phase of virtual asset legislation

In a move aimed at further strengthening regulations and protecting users in the crypto market, South Korean financial authorities are reportedly gearing up to initiate a research project for the second phase of the country’s virtual asset legislation. дальше »

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Music with AI elements can win a Grammy, Recording Academy CEO says

The CEO of the Recording Academy, known for its yearly Grammy awards, reportedly clarified that music with AI-created elements is eligible for award nominations. дальше »

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South Africa to mandate crypto exchange licenses by end of 2023: Report

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed.

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Binance Australia offices reportedly searched by local regulator

Binance said it is cooperating with Australian regulators to meet local regulatory requirements amid reports of office searches.

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Huobi Reportedly Plugs Leak That Saw Almost 5,000 Users’ Data Exposed

After months of delay, Huobi has finally resolved a data breach that saw the data of 4,960 users exposed, according to a report from The Block. However, the incident raises questions about the company’s response and the potential consequences had the breach been exploited. дальше »

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