PayPal to Cut 2,500 Employees to ‘Right-Size’ the Company
Alex Chriss, the CEO of payment company Paypal, announced to the staff on Tuesday that an additional 9% of the workforce, approximately 2,500 positions, will be cut. The development follows…
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Ethereum’s Dencun Upgrade Is Now One Step Closer After This Deployment
The highly-anticipated Dencun upgrade of Ethereum was successfully deployed on the Sepolia testnet on Jan. 30. This marks the second deployment out of three planned testnet launches, bringing the Ethereum…
‘Rich Dad Poor Dad’ Author Explains Why He Owns Bitcoin
Robert Kiyosaki, renowned for his book “Rich Dad Poor Dad,” is gaining attention for his strong endorsement of Bitcoin (BTC). The author positions Bitcoin as a key defense against what…
Worldcoin Project Faces Scrutiny Over Iris Recognition Registration in Hong Kong: Report
Worldcoin’s legal problems are far from over. Spearheaded by OpenAI, Sam Altman’s Worldcoin initiative continues to find itself embroiled in a privacy controversy as reports emerge of a probe launched…
Bitfinex Unveils Securities Platform in El Salvador
Bitfinex, one of the oldest cryptocurrency exchanges, has announced the launch of a securities trading platform in El Salvador, the first country to recognize bitcoin (BTC) as legal tender. According…
Dogecoin (DOGE) Network Hits New Milestone With Record-Breaking New Addresses
Dogecoin appears to be bustling with network activity despite keeping a low profile for most of last year. Data from the prominent on-chain intelligence platform Intotheblock shows that the OG…
SEC Faces Sanctions in Court Over Another Crypto, Files for Dismissal
DEBT Box, a company that primarily provides users of its services with crypto mining software, was taken to court last year by the SEC. According to the regulator, DEBT Box…
DeFi Regulation: Polygon Labs’ Legal Team Pushes For OCCIP’s Oversight
DeFi regulation has been a major bone of contention among regulatory watchdogs across the world. A recent paper, authored by Rebecca Rettig, Katja Gilman from Polygon Labs, and Michael Mosier…
US DOJ Indicts Three Individuals Involved in $1.89 Billion Crypto Fraud Scheme
The US Department of Justice (DOJ) has brought charges against three people for defrauding investors of nearly $2 billion. According to the DOJ, the individuals promoted a fraudulent cryptocurrency investment…
Mark Cuban’s Take on Crypto: Here Are the Two Other Projects He’s Interested In
Mark Cuban recently took to X on Monday afternoon for a spontaneous Ask Me Anything (AMA) session with his 8.8 million followers, where he touched on various topics, including crypto-related…
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