Crypto Exchange Banxa Cuts Workforce By 30% As Layoffs Continue
Summary: Banxa CEO Holger Arians informed employees of the slash via email on Monday.Around 70 staff are set to lose...
Ethereum
Nexo Issues Cease-and-Desist Letter to Twitter User Accusing It of Embezzlement
Nexo has sent a cease-and-desist letter to a user making serious criminal claims.Nexo published a lengthy blog post dismissing the...
Hacktivist Group Anonymous Pledges To Expose Do Kwon
Anonymous has uploaded a new video that targets Terra Form labs founder Do KwonAnonymous group has pledged to expose Do...
Crypto Community Holds its Breath as the EU Finalizes Regulations on PoW and Unhosted Wallets this Month
Summary: EU legislators are estimated to finalize regulations on proof-of-mining crypto activities and unhosted wallets by the end of June....
Harmony Protocol Offers $1M Bounty for the Return of Stolen Funds and Information on the Bridge Exploit
Summary: Harmony Protocol has offered a $1 million bounty for the return of the stolen funds from the hack of...
Morgan Creek Digital is Reportedly Planning to Raise $250M to Counter FTX’s BlockFi Bailout Offer
Summary: Morgan Creek Digital is reportedly looking to raise $250 million to counter FTX’s line of credit to BlockFi. The...
CZ: Binance Is Looking at 50 to 100 Deal Proposals From Projects Affected by the Crypto Market Drawdown
Summary: CZ has clarified that Binance is looking at 50 to 100 deal proposals from crypto projects affected by the...
Tron’s (TRX) Total Accounts Hits a New Milestone of 100M As the Project Celebrates its 4th Anniversary
Summary: The total number of accounts on the Tron blockchain has hit a new milestone of 100 million. Tron is...
Bitcoin Selling By Miners Could Continue into Q3 if BTC’s Price Does Not Improve – JP Morgan
Summary: Bitcoin miners needing to sell could weigh down on the price of BTC for some time. According to analysts...
Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project
Summary: Yuga Labs has announced that it has filed a lawsuit against parties slandering the Bored Ape Yacht Club NFT...
Bitmex’s Hayes: Don’t Believe Goldman Sachs is Putting its Own Money At Risk to Buy Assets From Celsius Network
Summary: Arthur Hayes has cautioned the crypto community against believing Goldman Sachs will risk its own money to buy assets...
Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th
Summary: Sky Mavis, the parent company of Axie Infinity, expects to reimburse hack victims on June 28th. The Ronin Network...
Celsius Considers Bankruptcy, Hires More Advisors
Summary: The crypto lending company of Celsius is reportedly considering filing for bankruptcy. Celsius has therefore hired more advisors to...
Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations
Summary: The Kyber Network team has admitted that Three Arrows Capital’s potential insolvency might impact its treasury. A small portion...
Sam Bankman-Fried’s FTX is Reportedly Planning to Acquire a Stake in BlockFi
Summary: The FTX crypto exchange is reportedly in talks to acquire a stake in the crypto-lending platform of BlockFi. Earlier...
