Singapore-headquartered cryptocurrency exchange Crypto.com is set to cut up to 12% of its workforce due to company-wide artificial intelligence (AI) integrations, joining a growing list of companies announcing AI-linked mass layoffs, according to the exchange’s […]
FTX, the now-defunct crypto exchange, will begin its fourth round of creditor repayments on March 31, with approximately $2.2 billion set to be distributed to eligible claimants, according to a Wednesday announcement from the FTX […]
Update (March 18 at 6:52 pm UTC): This article has been updated to include a response from Cynthia Lummis beginning in the eighth paragraph. Wyoming Senator Cynthia Lummis, one of the main proponents of a […]
Bitcoin infrastructure provider Maestro has launched a Bitcoin-denominated credit market backed by mining economics, aiming to give institutions a new way to earn yield on idle Bitcoin while expanding financing options for miners. Maestro said […]
The US Secret Service, UK National Crime Agency, and Canadian authorities have partnered to disrupt fraudulent schemes related to crypto, raise awareness of scams, and recover stolen funds. In a Monday notice, law enforcement agencies […]
Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace company, SpaceX, ahead of a potential initial public offering. xAI has been undergoing internal restructuring […]
Opinion by: Ana Carolina Oliveira, chief compliance officer at Venga Crypto doesn’t have a money laundering problem on its own. At least, not when compared to traditional finance, where the practice is at least twice […]
The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s deputy governor, constructive dialogue with the industry is still lacking. The UK’s central bank launched […]
As the conflict involving Iran drags on and global energy supplies risk prolonged disruption, most financial assets are likely to behave like risk assets, according to Bloomberg Intelligence strategist Mike McGlone in a recent interview […]
Eightco Holdings (ORBS) shares swung sharply after the company announced a $125 million funding round led by Bitmine and ARK Invest. The stock surged as much as 35% before giving back most of those gains, […]
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