Industry
Executives Stay Optimistic Despite VC Investment Slump, Eyeing Bright Future Ahead
The second quarter of 2023 has been a challenging period for venture capital (VC) funding in the cryptocurrency industry, with significantly lower inflows compared to the previous year.Herman HayesBinance Enhances Wallet System: Temporary Deposit Address Suspension
Binance, a major cryptocurrency exchange, has announced an upcoming upgrade to its wallet infrastructure and alerted users about an impending address migration.Herman HayesEmployee Happiness Plunges at Binance, Coinbase, and Gemini: Data Reveals
According to data from job review platform Glassdoor, cryptocurrency exchanges such as Gemini, Binance, and Coinbase have been ranked as having some of the unhappy employees in the industry.Seth RowdenCoinbase Executive Aids Recovery of $322K Worth of Lost Cryptocurrencies
In an unexpected turn of events, one cryptocurrency investor woke up on July 5th to find themselves $322,000 richer.Seth RowdenVoyager Digital Creditors Pay $5.1M in Legal Fees Amid Bankruptcy
McDermott Will & Emery, a New York-based law firm, has filed a court claim seeking $5.1 million in damages from the creditors of bankrupt cryptocurrency brokerage Voyager DigitalHerman HayesChina Strengths Export Controls on AI Chip-Making Materials
The Chinese government has unveiled its plans to implement export controls on metals primarily used in semiconductor production for artificial intelligence (AI) systems.Herman HayesUK Watchdog Sets Marketing Compliance Deadline for Crypto Firms
The Financial Conduct Authority (FCA) in the UK has declared that all crypto asset firms targeting users in the country must adhere to its financial promotion regulations by October 2023.Herman HayesPrivacy Takes a Backseat in Bitcoin's Core Feature
KuCoin Exchange is set to implement mandatory Know Your Customer (KYC) checks, and its CEO, Johnny Lyu, believes that privacy is not the most crucial aspect of Bitcoin.Herman HayesBarnBridge DAO Halts DeFi Protocols Amid SEC Investigation
The US Securities and Exchange Commission (SEC) has launched an investigation into the BarnBridge DAO,Herman HayesFBI Raids Kraken Co-Founder's Home in March
In a Surprising Turn of Events, The FBI Reportedly ConDucted A Raid On the Residence of Jesse Powell, CO-FOUNDER of Kraken,Seth RowdenBinance Chief Strategist Confirms Departure Amid US Resignation Reports
Patrick Hillmann, the chief strategy officer of Binance, has confirmed his departure from the cryptocurrency exchange amidst reports of other key compliance executives resigningSeth RowdenBinance Exits Netherlands, Refers Users to Coinmerce
Binance, a global cryptocurrency exchange, has entered into an agreement with Dutch exchange Coinmerce as the latter shuts down its operations in the Netherlands.Seth RowdenMastodon: Surging with 100,000+ New Active Users, Emerges as Twitter's Formidable Rival
Mastodon, a rival social media platform to Twitter, experienced a significant increase in traffic following Twitter's implementation of new post-viewing limits based on user verification status.Herman HayesKyle Davies' Act of Generosity: OPNX Proceeds Pledged to 3AC Creditors for Good Karma
Kyle Davies, co-founder of the collapsed cryptocurrency hedge fund Three Arrows Capital (3AC),Seth RowdenEU's Game-Changing Data Bill: Smart Contract Kill Switch & Legal Decoded
European Union (EU) lawmakers have reached an agreement to proceed with the European Data Bill, a controversial piece of legislation that has faced criticism from the cryptocurrency community.Herman HayesCelsius Network Granted Approval: Altcoins Can Now be Converted to BTC or ETH for Enhanced Flexibility
Celsius Network, a bankrupt cryptocurrency lender, has received approval from the US Bankruptcy Court for the Southern District of New York to convert its altcoins into Bitcoin and Ethereum.Seth RowdenSEC's Controversial Stance: Nudging Investors towards 'Toxic' Crypto Products and FTX
Cameron Winklevoss, co-founder of Gemini, criticized US securities regulators, accusing them of forcing investors to purchase "toxic" and "unregulated" cryptocurrency products.Herman HayesUnveiling the Dark Side of Crypto Twitter: Data Reveals Persistent Issue of 'Fake Followers
Despite effects to address the work of face followers on twitter, the problem everyone elk too over the platform.Seth RowdenSingapore Implements User Asset Trust Requirement for Crypto Firms by Year-End
Singapore's monetary authority, MAS, has unveiled new measures to enhance investor protection and market integrity within the cryptocurrency industry.Seth RowdenThailand SEC Enforces Ban on Lending and Investing with Customers' Crypto Assets
Thailand's Securities and Exchange Commission (SEC) has introduced new regulations targeting digital asset service providers, with a focus on safeguarding investors.Herman Hayes
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