Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn
3.10.2023
In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce.
CEO Michael Gronager informed employees of the decision in an email on Monday evening, according to a recent...
Report: Victims of South African BTC Scam Set to Receive Portion of Invested Funds
3.10.2023
Some investors who invested in the South African bitcoin pyramid scheme MTI are set to receive part of their money back once a court rules on how liquidators are supposed to handle claims. Liquidators expect to make more than one payout to affected investors while the process itself is expected...
Is Filecoin Trading in the Right Direction?
3.10.2023
The crypto market has been steady for the better half of 2023. The industry is seeing several major assets showing resilience even better than traditional assets. Filecoin, or FIL, is one such crypto asset that has been trading around the $3 mark for a while now. A major reason behind this growth...
Argentinian Presidential Frontrunners Pit BTC & Dollar Against CBDC
3.10.2023
A leading Argentinian presidential candidate says he will launch a CBDC if he is elected – putting him on a collision course with a pro-Bitcoin dollarization advocate.
According to the media outlet Ambito, Sergio Massa, the country’s current Minister of Economy and a candidate for this month’s...
iFX EXPO International 2023 wraps up another successful event
3.10.2023
The city welcomed over 4,000 fintech professionals worldwide for the event at the City of Dreams Integrated Resort in Limassol, Cyprus, from September 19 to 21, 2023. Running for more than 10 years, iFX EXPO International gives C-suite executives a common platform to connect, collaborate, and build...
India Planning to Launch Global Database of Crypto Exchanges by Next Year
3.10.2023
India is planning to introduce a comprehensive global database of cryptocurrency exchanges to help law enforcement agencies combat crypto-related crimes.
This initiative comes as part of India's push to align itself with international standards for regulating cryptocurrency assets.
As per...
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
3.10.2023
An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management
Celsius seeks court approval to start repaying customers by year-end
3.10.2023
The embattled crypto lender is seeking final court approval for a restructuring plan that will start repaying creditors before the end of 2023
Investment insights: Is Cardano underperforming in 2023?
3.10.2023
As we assess the potential of investments for 2023, we must examine whether Cardano (ADA) has achieved the expectations of its patrons and the wider crypto markets. To gauge if ADA has been successful, we shall analyze recent developments, partnerships, and the most influential factors driving...
Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis
3.10.2023
Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analytics firm
Binance CEO Changpeng Zhao Faces Class-Action Lawsuit Over Alleged Role in FTX's Collapse
3.10.2023
Binance CEO Changpeng Zhao and Binance.US are facing a class-action lawsuit filed by a California resident Nir Lahav for their alleged role in causing the downfall of rival exchange FTX.
The lawsuit further accuses them of various violations of federal and California law related to unfair...
Coinbase Obtains License From Singapore’s Central Bank — Crypto Exchange Sees Singapore as ‘a Vital Market’
3.10.2023
The Nasdaq-listed crypto exchange Coinbase has obtained a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), to provide services to both individuals and institutions. “We’ve identified Singapore as a vital market for Coinbase,” the crypto exchange emphasized....