Blockchain Analysis Company Chainalysis Downsizes Workforce by 5%
The New York-based blockchain analytic company Chainalysis has announced plans to lay off 5% staff. The attempt to reduce the…
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His Majesty’s Treasury Plans to Regulate UK Crypto Industry
Regulators in the UK Treasury confirm issuing a consultation document that will guide in regulating crypto firms. The consultation paper…
Digital Payment Provider Strike Enters Philippines
The Bitcoin-powered lightning network Strike has announced plans to expand to Philippine markets. The attempt aims at improving the global…
Sovereign Labs Nets $7.4M in Seed Funding Round
Blockchain-based scaling firm Sovereign Labs closed its seed funding round that yielded $7.4 million. The round, steered by Haun Ventures,…
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Bitcoin Suisse Chair Considers EU Crypto Ban Unlikely, Advocates for Firewall
Bitcoin Suisse chair Luzius Meisser rules out the likelihood of the EU prohibiting crypto. Instead, the Swiss crypto firm chair…
VitaDAO Nets $4.1M Funding Round for Longevity Research
The decentralized autonomous organization confirmed the closure of a funding round initiated for research to extend human life. VitaDAO indicated…
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Alameda Research Seeking Recovery of $446M Crypto from Voyager
Embattled crypto trading operator Alameda Research confirmed applying to regain a $446 million settlement to the bankrupt Voyager Digital. The…
Fantom Blockchain Migrating to Version 2 fUSD Stablecoin
Blockchain-based Fantom is set to migrate from Version 1. Introducing Version 2 fUSD stablecoins is set to deliver improved predictability.…
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Floki Inu DAO Approves Burning Tokens Worth $100M
Floki's price is rallying in a seven-day run amidst the approval of burning tokens. The uptrend witnessed in the past…
Custodia Bank Application for Master Account in Federal Reserve System Rejected
The Federal Reserve Board turned down the latest application for a master account by Wyoming-bank. The board cited the heightened…
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Bankrupt Mode Global Holdings Plunges Jonathan Rowland and Father to Huge Losses
The crypto entrepreneur Jonathan Rowland and his father, David Rowland, lost hundreds of millions invested in a crypto firm. Jonathan…
Web3-based Mythical Games Launching New Marketplace
Mythical Games is set to launch Mythical Marketplace 2.0 days after acquiring the DMarket gaming protocol. The Web3-gaming studio revealed…
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Argo Blockchain Facing a Class Action Suit Alleging Nondisclosure in U.S. Share Sale
Argo Blockchain is facing a lawsuit alleging nondisclosure of material risk comprising capital constraints, rising electricity, and network challenges. The…
CoinTracker Laying Off 20% Staffs, Cites Turbulent Market and Over-Hiring
The US-based crypto tax company CoinTracker announces plans to reduce 20% of its employees. The layoff decisions are influenced by…
South Korean Prosecutors Accusing Bithumb for Price Manipulation and Fraudulent Transactions
The prosecutors charged the South Korean-based crypto exchange Bithumb with price manipulation and engaging in fraudulent exchanges. The Prosecutors from…
DeFi Platform Friktion Shuts Down User Interface, Compels Assets’ Withdraw
The Solana-based DeFi platform Friktion announced plans to close its front-end user platform. The consumers are urged to redeem their…