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Polygon Labs Cuts 20% Workforce, Almost 100 Jobs

21.2.2023
The firm said that the job cuts are part of its consolidation earlier this year

Deutsche Bank Completes Asset Management Test With Memento Blockchain, Putting Domani's DEXT Tokens Into Focus

21.2.2023
Called Project DAMA, the collaboration between Deutsche Bank and Memento Blockchain aims to address the challenges associated with launching and accessing digital asset funds

CoinShares Sees 2022 Income Plunge 97% to $3.6M

21.2.2023
CoinShares said it had GBP 26 million of its assets on FTX at the time the now bankrupt cryptocurrency exchange halted withdrawals

Crypto Miner Hive Blockchain's Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin

21.2.2023
The Canadian miner is launching its high-performance computing cloud business, which is 25 more profitable than mining

Crypto Protocol Fetch.ai Partners With Bosch to Develop Web3 and AI Tech

21.2.2023
FET tokens were up 5 cents following reports

Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg

21.2.2023
Report says officials from China’s Liaison Office have been spotted at crypto events in the City

Trading on major exchanges spiked following collapse of Terra, FTX: BIS report

20.2.2023
The report suggested that whales with Binance, FTX, and Coinbase “probably cashed out at the expense of smaller holders” by reducing their BTC stockpiles as retail investors bought

FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets

20.2.2023
Distressed asset funds can pick up FTX bankruptcy claims for around 20 cents on the dollar in hidden over-the-counter (OTC) markets, a person familiar with the matter told CoinDesk

CoinDesk Wins a Polk Award, One of Journalism's Top Prizes, for Explosive FTX Coverage

20.2.2023
Three stories were honored, including Ian Allison’s scoop that led to Sam Bankman-Fried’s $32 billion crypto empire collapsing in days

Energy Giant Saudi Aramco Signs Agreement With droppGroup to Build Web3 Tech

20.2.2023
Saudi Aramco will explore co-developing blockchain-based technologies that could benefit its workers

Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons

20.2.2023
The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment

Crypto Exchange Zipmex to Restart Customer Withdrawals After Closing Takeover Deal

20.2.2023
Zipmex, the South East Asian cryptocurrency exchange that found itself embroiled in a credit crunch last year, will re-open customer withdrawals this week

OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’

20.2.2023
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi

Crypto Hedge Fund Galois Shuts Down After Losing $40 Million to FTX: FT

20.2.2023
Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX

Voyager Creditors Subpoena Sam Bankman-Fried, Other Former FTX, Alameda Executives

20.2.2023
Voyager’s Creditors also subpoenaed Samuel Trabucco, Nishad Singh, Gary Wang, and Caroline Ellison

Nigerian Crypto Payment Gateway Fluidcoins Acquired by Seychelles-Based Crypto Exchange

18.2.2023
The Nigerian crypto payment gateway Fluidcoins was recently bought for an undisclosed sum by Blockfinex, in a deal which the former’s CEO Lanre Adenowo described as an “acquihire deal.” Blockfinex reportedly said it will leverage the acquisition to launch its own platform known...

Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report

18.2.2023
Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the company was unfamiliar with the rules it needed to comply...