Crypto Exchange Lemon Cash Reduces its Team by 38%
One of the popular cryptocurrency platforms in Argentina – Lemon Cash – dismissed 38% of its total workforce to endure the current difficult times. CEO Marcelo Cavazzoli assured the layoffs…
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After Voyager Bid, CrossTower Eyes Further Acquisitions
The FTX implosion may have dented investor confidence and extended the crypto winter, but that does not appear to be a hurdle for many exchanges from pursuing expansion via mergers…
Binance SAFU Insurance Fund is 44% Backed by its Own Token
Binance’s emergency insurance fund is largely comprised of a cryptocurrency tied to the company itself, according to on-chain data. The two addresses associated with the fund show that its BNB…
Russia Inches Closer to Launching a National Crypto Exchange (Report)
The lower chamber of Russia’s parliament – State Duma – has reportedly started working on a draft bill that could aid the creation of a “national crypto exchange.” The platform…
Bahamas’ Regulator Explains Why it Made the Right Call to Seize FTX Assets
In a new press release, the Securities Commission of The Bahamas explained that only placing FTX Digital Markets into liquidation was not sufficient, citing the risks associated with hacking and…
Solana Foundation Lost Over $180 Million in Crypto on FTX
The Solana Foundation has released a fact sheet detailing the exposure it holds to FTX following its bankruptcy The organization held over $180 million worth of crypto asset exposure to…
ApeCoin Geo-Blocks North American Users From Staking
North American crypto users will be restricted from staking ApeCoin, the ERC-20 metaverse token issued by Yuga Labs, according to a company statement on Wednesday. The ApeCoin DAO claimed the…
Here’s How Much Has Been Recovered Since FTX’s Bankruptcy Filing
As events continue to unfold in the wake of FTX’s collapse, some of the funds missing from the exchange’s accounts have been found and secured. Shortly after its sudden downfall,…
Crypto Lender Hodlnaut Investigated by Singaporean Authorities (Report)
Law enforcement agents in Singapore have reportedly opened an investigation against the troubled crypto lender Hodlnaut. The police suspect the company’s executives might have cheated users over the years and…
10,000 BTC tied to Mt Gox Hack Moved After 7 Years
A crypto wallet attributed to the failed BTC-e linked to the 2014 Mt. Gox hack moved 10,000 Bitcoin, now worth over $165 million, to a group of personal wallets, exchanges,…
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