Sky Mavis Announces 21% Workforce Reduction
Sky Mavis, the developer behind the blockchain-based game Axie Infinity, has announced a 21% reduction in its global workforce. This move is part of a larger restructuring plan to secure…
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Did Ripple Win the SEC Lawsuit? CLO Alderoty’s Mystic Tweet Sparks Rumors
TL;DR While Ripple has secured key partial victories in its lawsuit with the SEC, a complete resolution has yet to be officially announced. The company’s CLO, Stuart Alderoty, praised the…
4 Things That Could Impact Crypto Markets in The Week Ahead
Crypto markets have been rallying for the past several days, however, things are starting to cool, with most digital assets correcting as this week begins. The robust economic backdrop, coupled…
Trump Media Files for ‘TruthFi’ Trademark to Offer Crypto Services
The organization that operates the social media platform Truth Social has applied to trademark the name “TruthFi” in anticipation of creating a digital currency payment service. Trump Media and Technology…
BIT Mining Settles for $10M Over Bribery Allegations in Japan Resort License Bid
In a settlement with US authorities, BIT Mining agreed to pay $10 million in penalties related to bribery allegations involving Japanese government officials to secure a resort license. The company,…
US Charges 5 for Multi-Million Crypto Hacking Operation
Federal prosecutors in the United States have filed charges against five individuals accused of carrying out a complex phishing and hacking operation that targeted employees of companies across the country.…
Shaquille O’Neal Agrees to $11M Settlement Over NFT Lawsuit
Shaquille O’Neal has agreed to pay $11 million to settle a class action lawsuit brought by holders of the Astrals NFT collection. The settlement, submitted as an unopposed proposal on…
$500M in Liquidations as Bitcoin Dumps Below $96K, Ripple Down 10% Daily
After several days of charting new peaks and coming less than $200 away from $100,000, bitcoin’s price has taken a breather and has dropped by over four grand since Friday’s…
Layer-1 Assets Rally as Market Anticipates Trump’s Pro-Crypto Administration: CryptoQuant
The promise of a pro-crypto regulatory environment led by the incoming administration of the United States President Donald Trump has triggered a positive effect among cryptocurrencies, with the native assets…
Why Peter Schiff Is Wrong About Bitcoin and Inflation (Opinion)
The world’s leading cryptographic currency is trading over 40% higher than its average price on the eve of the November 5th US elections. Analysts agree that this is owing in…
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