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FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say
16.11.2022
Sources told CoinDesk that FTX was used as a bank by many of its employees. Now, their money is probably gone
Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
1.11.2022
CoinDesk estimates that around 11,700 crypto jobs had been lost as of mid-October as a result of the crypto winter
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
4.10.2022
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1....
Indian Crypto Exchange WazirX Lays Off 40% of Its Employees: Sources
1.10.2022
Indian Exchange WazirX has laid off 50 to 70 people out of a workforce of around 150, according to people familiar with the matter
Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
1.10.2022
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been...
DeFiance's Arthur Cheong Is Raising Money for a New Fund Months After Getting Burned by Three Arrows Capital: Sources
30.9.2022
The fund will focus on liquid crypto investments and targets raising about $100 million, a person familiar with the matter said
Sources: Ubisoft’s Big 2022 Pirate Blockbuster Delayed Yet Again
28.9.2022
Ubisoft faces another massive delay. Earlier this year it was Avatar: Frontiers of Pandora. Now it’s Skull and Bones, the Assassin’s Creed publisher’s only major fall blockbuster. Previously set to come out in November, two sources familiar with the game’s development now tell Kotaku it’s been...
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
27.9.2022
Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
26.9.2022
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following...
Binance’s Attempt to Buy Voyager Digital’s Assets Complicated by National Security Concern: Sources
16.9.2022
A Binance spokesman said “xenophobia” is underlying talk of a possible review by a key U.S. government panel that examines foreign takeovers
Three Senior Executives Jump from BlockFi Ahead of FTX Acquisition: Sources
8.9.2022
BlockFi’s Global Head of Institutional Distribution David Olsson, Head of Private Clients Samia Bayou, and Senior Institutional Sales Director Shane O’Callaghan are leaving the company, according to people familiar with the matter
Pantera Capital’s Senior Staff Departures Are Broader Than Previously Reported: Sources
6.9.2022
Chief Technical Officer Terence Schofield and John Johnson, head of the capital formation team, join the list of exiting employees
South Korean Government’s Youtube Channel Hacked to Play Crypto Video With Elon Musk
4.9.2022
The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto enthusiast Elon Musk, local media reported quoting sources in Seoul. Hackers Air Interview With...
Crypto Miner PrimeBlock’s CEO Has Left Firm After Canceled SPAC Deal: Sources
31.8.2022
SPAC deals have been getting axed in recent months due to adverse market conditions
Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils
27.8.2022
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules,...
Binance, FTX Among Crypto Players in Hunt to Buy Voyager Digital Assets as Coinbase Backs Out: Sources
25.8.2022
Bids for Voyager assets are due Friday in a sale process taking place as part of its Chapter 11 bankruptcy. An auction, if needed to pick a winner, would follow on Aug. 29
Sanctioned Bitcoin Mining Firm BitRiver Loses Another Client as SBI Leaves: Sources
25.8.2022
The Japanese bank is at least the second big name to emerge as ceasing work with BitRiver after the U.S. Treasury Department imposed sanctions on the Russian firm in April
Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise
2.8.2022
The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic...
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
29.7.2022
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...