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OpenAI secures $1.5B funding from SoftBank, allows employees to cash out
27.11.2024
SoftBank’s tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in the company
Former Employee’s Hidden Code Turns Workplace Into Crypto Mine
7.11.2024
A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of Minnesota....
Jailed Binance Employee’s Bail Application Denied Despite Medical Needs
12.10.2024
The judge in Abuja denied bail to Tigran Gambaryan, the jailed Binance employee and a U.S. citizen unlawfully detained in Nigeria. Despite meeting all the medical requirements for bail, the judge’s decision contradicts established Nigerian legal precedents. Gambaryan’s health...
Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud
9.10.2024
Gobit and ZM Quant were secretly offering market manipulation services to projects that wanted to artificially inflate their trading volume, prosecutors allege
Swan Bitcoin Claims Ex-Employees 'Stole' its Mining Business at Tether’s Direction
27.9.2024
Swan Bitcoin has filed suit against a group of former employees and consultants, alleging that they “hatched and executed a ‘rain and hellfire’ plan” to steal its lucrative bitcoin mining business with the help of Tether, Swan Bitcoin’s one-time ally and fundraising partner
Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business
27.9.2024
A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton...
Former Government Employees, Compliance Officers Rally for Detained Binance Executive
25.9.2024
A handful of former prosecutors and compliance professionals staged a protest in front of the United Nations General Assembly Wednesday
Ex-OpenAI chief scientist raises $1B for startup with only 10 employees
4.9.2024
Safe Superintelligence reportedly raised the funds at a valuation of $5 billion
Ex-OpenAI chief scientist raises $1B for startup with only 10 employees
4.9.2024
Safe Superintelligence reportedly raised the funds at a valuation of $5 billion
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
24.8.2024
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal...
20% of Binance’s new hires this year will be in compliance, says CEO
22.8.2024
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.
El Salvador to Train 80,000 Government Employees on Bitcoin
21.8.2024
El Salvador has launched a program to educate its government workforce on Bitcoin. The National Bitcoin Office (ONBTC)…
El Salvador launches Bitcoin certifications for civil servants
21.8.2024
El Salvador’s government aims to upskill 80,000 employees through a comprehensive Bitcoin certification program, emphasizing strategic management and public policy
BitConnect Employees Kidnapping Leads to Arrest in India
19.8.2024
India’s law enforcement arrested a man suspected of kidnapping two people associated with a once-well-known crypto “Ponzi” scheme…
South Korean crypto exchange employees out-earn staff at major banks
19.8.2024
Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.
Top Crypto Startup Drove Other Projects' Airdrops to Its Employees
15.8.2024
Eigen Labs circulated a list of team members' wallet addresses to EigenLayer ecosystem projects that were preparing to issue tokens. The firm later banned the practice, citing potential conflicts of interest
Tether to double its workforce to 200 by mid-2025: Report
9.8.2024
The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies
Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit
16.7.2024
European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion
National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay
30.6.2024
National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin mining farms in Paraguay. According to local sources, seven engineers of the institution would have been installing bitcoin farms across the country as the prosecutor’s...
Kraken Calls Security Research Firm’s Demands ‘Criminal’; Certik Slams Threats Against Its Employees
19.6.2024
Kraken has accused an unnamed security research firm of stealing $3 million from its treasury and attempting to extort more money. Nick Percoco said so-called white hat hackers failed to fully disclose the bug transaction details and have not made arrangements to return the stolen funds. White...