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(One Part of) SBF's Defense Strategy Starts Paying Off


All three of Sam Bankman-Fried’s “inner circle” members have now testified against the FTX founder, and all three have presented similarly on the witness stand: clearly rehearsed, adamant that the FTX founder was in charge and careful not to stray too far from their well-practiced narratives. They...

Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts


Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...

Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn


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...

Bitcoin Ordinal Inscriptions Cool Down After Historic Peak


Bitcoin Ordinal inscriptions have tapered off markedly since September 24, 2023, following a historic peak on September 15. This deceleration emerges as inscriptions nestled within the Bitcoin blockchain verge on the notable 35 million milestone. A Look at Bitcoin’s Recent Inscription Decline...

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