Key Points: Binance has laid off more than 1,000 employees worldwide in recent weeks. The layoffs, which could range from 1,500 to 3,000 employees worldwide, last until the end of the year. The cause ...
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$COMP Fork WeFi lists token and launches LP rewards programme on syncswap dex on zkSync Era just before Mainnet launch
WeFi, a leading decentralised finance (DeFi) leveraged protocol, is excited to announce the upcoming alpha mainnet launch on zkSync era. After successfully launching its alpha version on Polygon in Ma...
Ripple CEO Says XRP Win is Wake-Up Call that US Congress Needs
Brad Garlinghouse hopes the XRP court decision wakes the US Congress for clear crypto regulations, with XRP setting a positive precedent for digital assets. Ripple CEO Brad Garlinghouse has expressed ...
Allowing Coinbase to go public was not a ‘blessing’ from regulators — SEC
The United States Securities and Exchange Commission (SEC) has argued in court that approving a firm’s S-1 application to go public does not represent a “blessing” from the agency, nor does it provide...
FTX’s Former CEO SBF Seeks Visitation Privileges Without Security
Exchange News The lawyers maintained that get-togethers didn’t need a permanent security presence. The solicitors also asked that the public not learn the identities of these persons. The solicitors f...
Ripple CTO Missed Out on This Stock Following XRP Ruling
Godfrey Benjamin Ripple CTO David Schwartz bemoans not buying Coinbase stock after XRP ruling Contents Why Coinbase? Redeeming time Ripple CTO David Schwartz has revealed he failed to take advantage o...
Here Are All the Federal Charges Celsius Founder Mashinsky Faces
The U.S. Department of Justice today arrested former CEO of bankrupt crypto lender Celsius Network Alex Mashinsky and filed seven criminal charges against him. At a Thursday press conference, Michael...
Will The Ripple Ruling Bring an End to the Era of Regulation by Enforcement?
In a landmark ruling, a district judge delivered a blow to the Securities and Exchange Commission (SEC) in their case against Ripple’s XRP token. Does this judgment ignite a glimmer of hope for the cr...
Binance Plots Massive Layoffs on Its Six-Year Anniversary
Binance marked its sixth anniversary. Simultaneously, the world’s largest crypto exchange by market cap navigated turbulent waters, cutting off over a thousand employees from its global workforce. Thi...
Binance Plans 1,500 to 3,000 Layoffs due to DOJ Probe, Reported CNBC
The biggest crypto exchange Binance is reportedly planning to layoff between 1,500 and 3,000 employees by the end of the year, according to an anonymous source cited by CNBC on July 14, 2023. This mov...
Celsius Network Slapped with $4.7 Billion Fine by FTC, Faces Permanent Ban
In a significant blow to Celsius Network, the United States Federal Trade Commission (FTC) has imposed a staggering $4.7 billion fine on the New Jersey-based crypto lender. However, the FTC has indica...
Is ARB fighting a losing battle? Arbitrum’s weekly report states that…
Arbitrum’s weekly report revealed a new major transaction milestone. ARB sees heavy outflows from whales, possibly curtailing its potential upside. Ethereum’s layer 2 network Arbitrum just released it...
Co:Create Launches Web3 Loyalty App On Shopify, Powered By Polygon
Key Points: Co:Create introduces an application on Shopify, enabling over 4 million businesses to implement blockchain-based loyalty and rewards programs directly from their storefronts. The Web3 Rewa...
US Fed Suer Intervenes US SEC Lawsuit Against Binance And CEO “CZ”
In a fresh development in the US Securities and Exchange Commission (SEC) lawsuit against Binance, a third-party “Eeon” seeks to intervene in the case on behalf of customers. The US SEC filed a lawsui...
BNB Chain Sets New Records With Soaring User Activity
BNB Chain, the blockchain platform powering the Binance ecosystem, has recently emerged as a formidable force in the crypto world, surpassing its competitors in terms of daily active users. This surge...
Binance lays off over 1,000 employees amid regulatory hurdle
Binance is reportedly laying off over 1,000 employees as part of a restructuring effort that could result in a reduction of more than a third. Wall Street Journal shared an insight on June 14. Accordi...
It’s time for the SEC to settle with Coinbase and Ripple
In every major litigation, there comes a moment when you realize it’s time to settle. A ruling doesn’t go your way, a juror gives your legal team the side eye, the judge makes it clear it’s time for a...
FOX Journalist Asks If Ripple CEO Will Pay SEC Fines From His Pocket, Garlinghouse Responds
Ripple CEO Brad Garlinghouse does not see Judge Torres’ ruling as a split victory, as he believes the SEC lost on the essential aspects of the lawsuit. The crypto community has been analyzing Judge An...
SHIB Leader Kusama Marks Coming ‘Worldpaper’ Launch With Celebratory Tweet
Yuri Molchan Leader of Shiba Inu has posted tweet about ‘Worldpaper’ release, sharing his excitement The lead developer of Shiba Inu, known in the crypto community under the alias Shytoshi...
XRP’s Bullish Momentum Takes a Brief Hit; Price Down 8%
Altcoin News This decline follows a rise of over 80% after a positive verdict in the Ripple v. SEC case. The cryptocurrency is once again below Binance’s BNB as per CMC. The fifth biggest cryptocurren...
Donald Trump Discloses $1 Billion Income from NFTs
The post Donald Trump Discloses $1 Billion Income from NFTs appeared first on Coinpedia Fintech News Former US President Donald Trump has provided additional information about his finances, including ...
Judge Rules Ripple Sales of XRP Were Not Securities—Except to Institutions
The federal judge presiding over Ripple Lab’s case against the Securities and Exchange Commission has ruled that the XRP token “is not necessarily a security on its face”—except when...
Coinbase pauses staking services in four US states following regulators’ orders
United States-based cryptocurrency exchange Coinbase has announced it will be temporarily stopping customers from staking additional assets in four states amid legal proceedings from local regulators....
Solana (SOL) Price Yearly High Confirms Trend Reversal
The Solana (SOL) price broke out from long-term diagonal and horizontal resistance levels. The price has likely begun a new bullish trend reversal. The price action and indicators support the continui...
SEC vs. Ripple Ruling: Coinbase Gains Confidence, but Institutional Ambitions Face Hurdle
The post SEC vs. Ripple Ruling: Coinbase Gains Confidence, but Institutional Ambitions Face Hurdle appeared first on Coinpedia Fintech News The recent SEC vs. Ripple ruling has boosted Coinbase’s conf...
FCA shuts down 26 digital currency ATMs illegally operating in UK
Following unheeded warnings to stop operations, the U.K.’s Financial Conduct Authority (FCA) has shut down 26 digital currency ATMs for operating illegally. The FCA’s action against the ATM operators ...
US Federal Judge Partially Sides with Ripple in SEC Lawsuit, Allows XRP Relisting
In a significant development, a US federal judge has ruled in favour of Ripple Labs in the ongoing Securities and Exchange Commission (SEC) lawsuit, alleging that the San Francisco-based blockchain de...
Why AVAX’s latest bullish stride may be closely linked to this DeFi network
AVAX rides the bullish wave for a retest of its 200-day moving average. Uniswap extends its reach into the Avalanche ecosystem. Thursday, 13 July, was perhaps the most bullish day of 2023 so far and m...
Token hoarders defeat the purpose of most DAOs: Study
A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations...
XRP’s Momentum Fades as Price Plunges 16%
Alex Dovbnya After a brief rally following the announcement of a mixed verdict, XRP’s value took a 16% tumble to fall below $0.70 once again Contents “Quasi-securities” Not over yet?...
“It’s Time to Relist”: Coinbase to Re-Enable XRP Trading After Ripple Scores Win
After much anticipation, the summary ruling in the Ripple Vs. SEC case has finally been announced, with Ripple coming out on top. Judge Analisa Torres declared that XRP should not be categorized as a ...
Synthetix to go head-to-head with dYdX, Aevo with new DEX proposal
Synthetix, one of crypto’s DeFi originals, is poised to add to its affiliated product suite. Founder Kain Warwick announced plans for a new derivatives front-end to its decentralized trading infrastru...