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Nigerian Fintech Startup Chipper Cash Lays Off Employees in US, UK


The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and U.K. The CEO Ham Serunjogi said this decision aligns with its goal of maintaining high operational efficiency and moves the startup closer to profitability. Layoffs Set Chipper Cash...

Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn


A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating...

South Korean Police Arrest ‘Multinational Gang of OTC Crypto Thieves’


OTC crypto crime appears to be on the rise in South Korea, where police say they have arrested a “multinational gang” who allegedly locked a woman in a car before stealing cash. The post South Korean Police Arrest ‘Multinational Gang of OTC Crypto Thieves’ appeared first on Cryptonews

YoMix Replaces Sanctioned Sinbad Mixer for Lazarus Hacker Group: Chainalysis


After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, Chainalysis revealed that YoMix, a Bitcoin mixer, has stepped in as an alternative for the North Korean Lazarus Group Recent discoveries by the blockchain analysis firm show that...

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