Chainalysis Slashes Workforce by 15% Citing Ongoing Crypto Winter
The firm said on October 3 that it has laid off 15% of its workforce, or around 135 people. There were around 900 workers at the company prior to the…
Unlocking NFT Potential: PayPal’s Ambitious Marketplace Plans.
When you hear “NFT Marketplace”, OpenSea is typically what comes to mind, or Rarible perhaps. But while the ascent of non-fungible tokens (NFTs) was initially celebrated as an innovative frontier…
Tether Transfers 100 Million USDT to ‘Tether Treasury’ boosting Stablecoin Holdings
Tether initiates a $100 million transfer to its “Tether Treasury” address.Stablecoins command a massive 94% of the crypto market’s 24-hour volume.In a surprising turn of events on October 2, 2023,…
UBS Expands Tokenization Horizons with Ethereum-Based Money Market Fund.
UBS expands Project Guardian, a blockchain-based initiative, to enhance market liquidity and accessibility.UBS Asset Management, a major global fund management company, has initiated its inaugural “live pilot” of a tokenized…
CZ & Binance Sued Over FTX Downfall.
A California resident named Nir Lahav has filed a class-action lawsuit against Binance and its CEO, CZ.Lawsuit claims Binance and CZ violated laws by harming competitor FTX in an alleged…
CFTC Targets Mosaic Exchange Limited in Alleged Crypto Fraud Case.
CFTC Commissioner calls Mosaic exchange scheme a ‘sham’ and ‘virtual house of cards.’The US commodities regulator has targeted yet another crypto exchange for allegedly running a “fraudulent” digital asset commodity…
Do Kwon Denies Transaction Manipulation Disclosed in Slack Chat Log.
Do Kwon, co-founder of Terraform Labs, has disputed the relevance of leaked Slack chats used as proof. Investor attraction via transaction manipulation was a topic of conversation between co-founder Daniel…
SEC Sues Former Goldman Sachs Analyst for Insider Trading.
The U.S. Securities and Exchange Commission has charged a former analyst at Goldman Sachs and Blackstone, for alleged insider trading.On Sept. 28, the SEC charged Anthony Viggiano for insider trading…
FTX Hacker Moves $8 Mllion in Stolen Funds for the First Time in 10 Months.
FTX hacker have moved $8 million in stolen funds so far.As FTX faced its dramatic collapse, a mysterious hacker absconded with hundreds of millions of dollars. 10 months later, on-chain…
Toncoin (TON) Witnesses Brief Correction; Further Decline Likely?
TON has decreased in value by 5.81% in the last 7 days as per data from CMC.The price has faced brief correction after encountering resistance at $2.58 level.The crypto market…