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Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
3.9.2024
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive...
SEC charges fund adviser Galois Capital for FTX crypto custody
3.9.2024
The fund allegedly lost about half of its assets following FTX's collapse.
SEC charges fund adviser Galois Capital for FTX crypto custody
3.9.2024
The fund allegedly lost about half of its assets following FTX's collapse.
SEC Charges Galois Capital for Crypto Safeguard Failures
3.9.2024
The U.S. Securities and Exchange Commission (SEC) charged Galois Capital Management LLC, a Florida-based crypto-focused advisory firm, with…
Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations
3.9.2024
The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers Act. The crypto-centric hedge fund and advisory firm was also accused of misleading investors about...
Pi Network Scam: Fake Airdrop Ads on Instagram Lure Users
3.9.2024
Pi Network is a unique crypto project that has gained widespread attention for its unique mobile mining concept.…
Russian Foreign Minister States Barter Trade Is Under Consideration for Bilateral Settlements With China
3.9.2024
Russian Foreign Minister Sergey Lavrov has emphasized that a barter trade system could be organized with China to overcome the current settlement problems. Lavrov noted that a similar system was studied by Brazil’s Lula outside the BRICS organization, proposing barter settlements among...
Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low
3.9.2024
Flattish markets turned decidedly negative as U.S. stocks posted sharp losses following the three-day weekend
Meme Coin Prices Recover as Top Crypto Expert Predicts 10x Returns for New Crypto All-Stars Token
3.9.2024
Meme coins are in the spotlight today, rallying after an extended period in the red. Thanks to this revival, several new coins are beginning to gain traction. The most prominent is Crypto All-Stars (STARS) – with one crypto expert even suggesting it could 10x in price after listing on exchanges....
Facing Up to Crypto’s Gen Z Stigma
3.9.2024
Students should be among the earliest adopters of Web3, but they’re currently not using the technology, says Benjamin Sturisky, research analyst at Delphi Digital and president of Gator Blockchain
PEPE Struggles to Hold Ground Amid Massive Supply Warns 35% Risk
3.9.2024
With a declining trend in the daily chart, the PEPE meme coin has dropped 56% from its 52-week…
Binance CEO calls Gambaryan’s treatment ‘inhuman’ in a disturbing video
3.9.2024
Nigeria is again in the spotlight over Binance, and this time, it’s for inhumane treatment. A new video…
2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
3.9.2024
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024...
SEC Commissioner Mark Uyeda Calls for S-1 Form Tailored for Digital Assets
3.9.2024
Uyeda said the U.S. agency can work with crypto firms to figure out how to differentiate S-1 forms for digital assets
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
3.9.2024
The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues
Latam Insights Encore: Learning From El Salvador’s Lesson on Using Bitcoin as a Rebranding Tool
3.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how other countries can learn to use bitcoin as a rebranding tool, following El Salvador’s example. Latam Insights Encore: Other...
Crypto platform resumes UK registrations after 10-month FCA compliance pause
3.9.2024
The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection
Crypto platform resumes UK registrations after 10-month FCA compliance pause
3.9.2024
The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection
Daily Crypto Update: Market Revives as BTC and Altcoins Surge
3.9.2024
The crypto market started on a positive note in September. Despite the Fear and Greed Index staying at…
Justin Sun implements 100% onchain buyback for SunPump
3.9.2024
Justin Sun's SunPump community abandons LP token burning in favor of a more transparent, onchain buyback and burn process