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Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto
1.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda...
Ben 'BitBoy' Crypto Fired From His Own Company In 'Coup' - What's Going On?
28.8.2023
Prominent cryptocurrency influencer Ben Armstrong, founder of BitBoy Crypto, has announced his departure due to an internal coup led by TJ Shedd and Justin Williams.
Despite expressing confidence in his position by stating, "Until they can clone me, I have nothing to worry about," Armstrong...
Cop Arrested And Fired For Allegedly Stealing Pokémon Cards
16.8.2023
An Alabama corrections officer was arrested and fired over the weekend for stealing Pokémon cards at a Walmart. Read more
An In-Depth Look at Binance’s TRO Opposition, Filing Insists SEC Manufactured an Emergency ‘for Its Own Purposes’
14.6.2023
Binance fired back at the U.S. Securities and Exchange Commission’s temporary restraining order (TRO) request on Monday, assuring the court that “there is no risk” to customer assets. The exchange’s legal team dismissed the notion of an “emergency,”...
GameStop fires CEO Matt Furlong months after axing crypto push
8.6.2023
The executive, once instrumental to the company’s NFT efforts, was "terminated" amid lackluster Q1 earnings
Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
22.4.2023
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin
Mythic Quest Star F. Murray Abraham Reportedly Left Show After Sexual Misconduct Complaints
17.4.2023
When Mythic Quest, the Apple TV+ series about a fictional video game company, announced star F. Murray Abraham was leaving the show back in April 2022, the details were scant. A spokesperson for producer Lionsgate simply said: “F. Murray Abraham will not be returning to season three of Mythic...
GameStop Fires Guy After Zelda: Tears Of The Kingdom Switch Leak
12.4.2023
In March, an employee at a Massachusetts GameStop leaked on Reddit that Nintendo was probably about to reveal its long rumored special edition Zelda Switch at an upcoming mini-Direct for The Legend of Zelda: Tears of the Kingdom. Special editions such as these are highly coveted collector’s items...
SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value
17.3.2023
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection in the Southern District of New York. The company stated that it is no longer associated with Silicon Valley Bank (SVB) after the Federal Deposit Insurance Corporation...
Activision Accused Of Illegally Firing QA Testers Over Remote Work Protest
1.3.2023
The Communications Workers of America (CWA) have today filed charges against publisher Activision—a company with a long track record of alleged union-busting—claiming the publisher violated several workplace laws in relation to the firing of two QA testers.Read more
Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs into its Proof-of-Reserves Verification
10.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs...
GameStop Manager Fired After $5,000 PS5 Robbery
2.2.2023
Only one person was on shift at the GameStop in Easton, PA when two men tried to rob it last month. Outnumbered and told to put their hands up, the employee backed off as the thieves unloaded $5,000 worth of PlayStation 5s from the back room. A week later, GameStop allegedly fired the 13-year...
Guy Gets Saved From Being Fired Over Gaming On The Job In The Best Way
26.1.2023
The union-oriented Twitter account Daily Union Elections asked the world in a recent tweet, “Union folks, what is the best grievance/[Unfair Labor Practice] that you’ve ever won?” And the world responded in kind. As a proud union girl myself, I thought a few stories stood out, but one came up above...
Blizzard's 'Workplace Ranking' For Employees Sounds Like Hell
24.1.2023
A story ran on Bloomberg earlier today with the headline “Blizzard Manager Departs In Protest of Employee Ranking System”. It sounds very businessy, maybe something that would land on the Linkedin news feed of a HR manager, but the stuff it’s describing is important because it sounds absolutely...
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
15.1.2023
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel...
Crypto Hedge Fund BKCoin Fired Co-Founder Kang Over Misappropriated Investor Funds
8.12.2022
An ongoing case in a Florida district court alleges Kang misused $12 million in investor assets
Crypto Services Firm Prime Trust Has Fired CEO Tom Pageler
29.11.2022
Crypto fintech Prime Trust’s CEO, Tom Pageler, was fired this week, CoinDesk has learned
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals
19.11.2022
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system. 3 Members of FTX Management...
Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst ‘Cultural Shift’
9.11.2022
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was made due to a need to become more “capital...
Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day
6.11.2022
Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no choice since Twitter is losing over $4 million a day. “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though...