Kraken Crypto Exchange Cuts 30% of Staff, Binance CEO Sends Indirect Tweet
Kraken, an exchange for cryptocurrencies, has said that it will lay off 1,100 people, or 30% of its staff. In a Tweet that has since been deleted, Binance CEO CZ…
US Senator: Bitcoin Is a Commodity — ‘There Is No Dispute About This’
U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman.
Why Polkadot Investors Were Fired Up on Friday
A group of the blockchain’s enthusiasts have forged a new alliance to help set standards.
Galaxy Digital To Acquire Crypto Asset Self-Custody Platform GK8 From Collapsed Lender Celsius
Crypto asset management firm Galaxy Digital is preparing to acquire self-custody platform GK8 from Celsius, a digital asset lender that collapsed earlier this year. According to a new press release,…
Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks
In a court hearing Friday, 3AC’s appointed liquidators blasted the collapsed hedge fund’s founders for talking to the media while repeatedly failing to cooperate with the liquidators’ probe.
Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius
The self-custody platform acquired by Celsius over a year ago was put on the block following the lender’s bankruptcy filing in July.
Crypto Is at ‘Brick Wall Stage’ and Needs ‘Right Balance’ of Regulation, Says Legal Expert
Pennsylvania State University Dickinson Law Professor Tonya Evans discusses why the ecosystem is in need of thoughtful regulation from lawmakers on Capitol Hill.
Never mind FTX — Fine arts institutions should still onboard to blockchain
The strategic adoption of blockchain technology still makes sense, regardless of the distraction FTX created for cryptocurrency.
Bitcoin Above $17K Despite Lingering FTX Contagion Fears
Bitcoin remains above $17,000 despite the lingering FTX contagion concerns. VanEck Portfolio Manager Pranav Kanade discusses his crypto markets outlook and the potential catalysts driving price action in the next…
$35.6M Seized From Singaporean Banks By Three Arrows Capital Liquidators
Three months after receiving approval from the High Court of Singapore to start looking into 3AC’s assets there, liquidators for Three Arrows Capital (3AC) seized $35.6 million from the bank…
