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Jack Dorsey’s Block Inc. Initiates Layoffs to Reach 12,000 Employee Cap

31.1.2024
Block Inc., led by Jack Dorsey, has started implementing job cuts in a bid to reduce its workforce by the end of the year. According to a recent report by Business Insider, Block has commenced a gradual reduction of its workforce, aiming to decrease its current staff count of approximately 13,000...

Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing

30.1.2024
GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol "GRDI" while continuing to trade on Cboe Canada under the same ticker

Jack Dorsey's Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%

30.1.2024
The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures

Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion

30.1.2024
The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local fiat currencies

German Police Seize $2.1B Worth of Bitcoin in Piracy Sting

30.1.2024
Police in Germany have provisionally seized 50,000 bitcoin worth $2.17 billion in what it is calling its largest seizure to date

MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit

30.1.2024
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit

Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange

30.1.2024
Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk of hacks

Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT

30.1.2024
The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November

DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget

29.1.2024
The crypto insurance protocol is anticipating growth stemming from a recent partnership

Nintendo Reportedly Looking To Manufacture 10 Million Switch 2s In The Next Fiscal Year

29.1.2024
When a new console comes out, it’s often a hellish endeavor trying to get one in the first year. So, with the Switch 2 rumored to drop later this year, prospective buyers will be happy to know that Nintendo is reportedly looking to ensure that if you want a Switch successor, you can get one. Most...

Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'

26.1.2024
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade

OKX to End Crypto Mining Pool-Related Services Over Realignment

26.1.2024
Centralized crypto exchange OKX said on Friday that it will soon shut down its Mining Pool and related services due to business adjustments. New user registrations for the Mining Pool will no longer be accepted starting Jan. 26. Meanwhile, existing users can continue to use the service until Feb....

South Africa Gears up to Issue First Batch of FSP Licenses to Crypto Providers

26.1.2024
South Africa is reportedly preparing to issue the first batch of financial services provider (FSP) licences to crypto service providers. Gerhard van Deventer, head of enforcement at South Africa’s Financial Sector Conduct Authority (FSCA), confirmed the move speaking at a podcast on Moneyweb...

Armored Truck Giant Brink’s Partners With Bitgo

26.1.2024
Brink’s, the company famous for its armored cash trucks, has invested in Bitgo. This partnership paves the way for Brink’s and Bitgo to rapidly evolve in the digital asset industry. Brink’s Dives Deeper Into Digital Assets With Strategic Bitgo Investment Brink’s, the famous...

Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria

26.1.2024
The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that these actions harmed its business prospects....