Intuit lays off 10% of staff to focus on AI
10.7.2024
About 1,800 people were laid off, however the company plans on hiring about the same number of replacements
Ethereum price data points to impending rally above $3.4K
10.7.2024
Three key Ethereum price metrics suggest ETH is primed for a rally above $3,400
Crypto payment service Payeer hit with record $10M fine in Lithuania
10.7.2024
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
10.7.2024
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said
Satoshi Protocol Secures $2 Million Seed Funding to Build Universal Stablecoin for Bitcoin
10.7.2024
PRESS RELEASE. Satoshi Protocol, a pioneering project building a “universal” stablecoin designed specifically for the Bitcoin ecosystem, successfully closed a $2 million seed funding round in May 2024. Led by CMS Holdings and RockTree Capital, the round signifies strong investor...
US lawmakers meet with crypto advocates in DC roundtable
10.7.2024
Anita Dunn, a senior adviser to Joe Biden, attended the roundtable in her personal capacity amid reports the US President was considering changing his position on crypto
Cryptoquant Report: Bitcoin Whales Buy Aggressively as Price Hits 4-Month Low
10.7.2024
Bitcoin’s recent price dip to a four-month low has triggered significant losses for new and large investors. This development, combined with mixed market signals, suggests the leading crypto asset is at a critical juncture, according to the latest Cryptoquant report. Market Signals Mixed...
Bragging Rights Are Key to Retaining Web3 Gamers
10.7.2024
Gaming is a social endeavor, so winning means cooperating with your friends in quests or beating the player on the other screen, and telling the world about your achievements, says Allen Ng, Co-Founder of OpenSocial Protocol
Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges
10.7.2024
Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for over two years. “When any President calls...
3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter
10.7.2024
A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer
CFTC Chairman Labels 70-80% Crypto as Non-Securities
10.7.2024
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Benham, made a comment recently on the status and class of crypto assets, fueling the turf war between the CFTC and the Securities and Exchange Commission (SEC). Not a Security Earlier today, Benham appeared before the Senate...
CFTC Chairman Labels 70-80% Crypto as Non-Securities
10.7.2024
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Benham, made a comment recently on the status and class of crypto assets, fueling the turf war between the CFTC and the Securities and Exchange Commission (SEC). Not a Security Earlier today, Benham appeared before the Senate...