by | Nov 7, 2023 | News
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal. Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing...
by | Nov 6, 2023 | News
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi...
by | Nov 5, 2023 | News
The $588,000 was stolen across 38 transactions, with the largest transfer totaling $81,200. Almost $600,000 in Bitcoin (BTC) has been stolen from users who downloaded a fake Ledger Live application on Microsoft’s app store, according to cryptocurrency sleuth...
by | Nov 4, 2023 | News
Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved. Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an outage...
by | Nov 3, 2023 | News
U.S. Attorney Damian Williams called Bankman-Fried’s crimes “a multibillion-dollar scheme designed to make him the king of crypto” and one of the biggest financial frauds in American history. Former FTX CEO Sam Bankman-Fried was found guilty of all seven...
by | Nov 2, 2023 | News
Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal. The Hong Kong government says the recent $165 million alleged scandal involving crypto exchange JPEX won’t...
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