Paxos Reportedly Downsizes Workforce by 20%.
Due to the job cuts, Paxos’ headcount now hovers between 200 and 300. Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65…
Andrew Tate and Iggy Azalea Accused of Insider Trading in Meme Coin Promotions.
Bubblemaps’ analysis shows a handful of wallets bought 30% of DADDY supply before Andrew Tate’s online promotion. Blockchain analytics platform Bubblemaps has alleged insider trading activity in the meme coin…
UwU Lend hacked again for $3.7 Million by same hacker after payback plan for first attack.
UwU Lend users rejoiced on Wednesday after the lending protocol said it was able to fully reimburse victims of its recent $23 million exploit. But their celebrations were cut short…
Privado ID becomes the latest project to spin out from Polygon Labs.
Polygon ID has been spun off from Polygon Labs as Privado ID, targeting the mainstream digital identity market. Privado ID follows the modular blockchain project Avail in spinning out of…
Inactive Bitcoin Wallet Moved $536.5 Million After 5 Years of Inactivity.
With Bitcoin now at over $67K, the recent transfer reflects a +1,700% increase from its $3,750 average acquisition price in 2018. A long-dormant Bitcoin whale wallet recently became active after…
Coinbase Surpass $1 Billion Ethereum Outflow, Largest of the Year.
Coinbase’s historic Ethereum outflow of more than $1 billion possibly is driven by whales or unidentified institutions. Coinbase saw the largest Ethereum outflow of the year, totaling over 336,000 ETH,…
US Spot Bitcoin ETFs Return to Inflows Amid Massive BTC Price Volatility.
Just over $100 million entered these financial vehicles on June 12. The spot Bitcoin ETFs started the current business week negatively, ending their longest streak in terms of inflows on…
OKX Exchange confirms a few user accounts were drained via identity theft.
The global exchange said that an attacker forged “judicial documents” to obtain the personal information of some OKX users.OKX denied speculations that pointed to a security flaw in its verification…
Bitcoin Price Skyrockets Above $69k as US CPI Data Lower Than Expected.
The general expectations hinted at a minor increase in CPI numbers for May.The US Consumer and Price Index for May showed a slight movement for the inflation data, showing a…
US Spot Bitcoin ETFs Experienced $200 Million Net Outflows Ahead of Major Economic Indicators.
Recent outflows and market reaction occur as investors await key U.S. economic indicators: FOMC meeting results and CPI data.On Tuesday, June 11, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced net…