Nansen Slashes 30% of Work Force, Aims to Prioritize Sustainable Business
Blockchain data analytics firm Nansen Research is slashing its workforce by 30%. Layoffs have been widespread across crypto businesses in the past year.
Following...
Mass Layoffs At Binance? Company Admits to “Reevaluating” Roles
Binance – the world’s largest cryptocurrency exchange – has confirmed that its “reevaluating” its talent base following an external report that the firm...
Ripple vs. SEC Lawsuit to Wrap up as Soon as June: Charles Hoskinson
The Ripple lawsuit is now rounding out its 29th month. Ripple Labs (XRP) has spent over $200M defending itself in court. Cardano and...
China Will Dominate Global Digital Finance Warns Coinbase CEO
In an opinion piece on May 30, the Coinbase CEO wrote that recent crypto industry turbulence “might make it tempting for policymakers to...
SEC Settles With Coinbase Employee For Insider Trading Charges
The Securities and Exchange Commission (SEC) announced on Tuesday that ex-Coinbase manager Ishan Wahi and his brother, Nikhil Wahi, agreed to settle charges...
El Salvador President Hires Bitcoin Standard Author As Economic Advisor
El Salvador President Nayib Bukele has onboarded Saiffedean Ammous – author of The Bitcoin Standard – as an Economic Advisor to the National...
NVIDIA Surpasses $1 Trillion Market Cap
Chip-manufacturing giant NVIDIA (NDVA) surpassed a $1 trillion market cap, bringing the company’s total value close to that of all cryptocurrencies in the...
Optimism Braces for $587M OP Token Unlock Amid Dwindling Price
Ethereum scaling protocol Optimism is gearing up for a planned token unlock scheduled for May 31st.
As such, over 386 million OP tokens, worth...
Volatility Ahead as Bitcoin (BTC) Set to Move Out of Equilibrium: Glassnode
In its weekly on-chain report, analytics provider Glassnode cautioned that there is likely to be a big move ahead for BTC following a...
Bali Warns Tourists Against Using Crypto for Payments
Indonesian province Bali has stated that tourists are not allowed to make payments with cryptocurrency, warning that violators “will be dealt with firmly.”
The...