BitMEX spent two years seeking buyer before shutdown: Report
BitMEX reportedly spent two years seeking a buyer before deciding to close the crypto derivatives exchange, as founder control, declining activity and legal baggage deterred...
Tag : Report
OpenAI's First Device Is a $300-Plus Doughnut-Shaped Speaker: Report
In brief OpenAI’s first consumer device will be a screenless smart speaker shaped like a doughnut and roughly the size of a hockey puck, Bloomberg...
Reform UK chair calls for probe into SBF-linked donation: Report
The chairman of the UK’s Reform party has called for an investigation following reports of a $50,000 political donation linked to former FTX CEO Sam...
Binance sues RedotPay over alleged $473 million user losses: Report
Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging it diverted more than 470,000 users from Binance Card in breach...
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
FalconX, the digital asset prime brokerage that acquired crypto ETF issuer 21shares last November, has laid off roughly 10% of its global workforce as it...
Crypto Privacy Tools Serve ‘Essential Protective Functions’: Report by ChangeNOW, CoinRabbit
In brief A new report from ChangeNOW and CoinRabbit argues that crypto privacy and compliance are not a zero-sum trade-off, with enforcement leverage sitting at...
South Korean stablecoin outflows top $367M in June: Report
South Korea saw 560.3 billion won ($367 million) in stablecoin outflows to overseas exchanges in June, extending the country’s streak of monthly net stablecoin outflows...
Pump.fun cut staff weeks before PUMP tokens vested: Report
Pump.fun reportedly dismissed employees shortly before their PUMP token grants were scheduled to vest, leaving at least one former worker without an allocation now valued...
Pump.fun laid off workers before they received millions in PUMP tokens: Report
Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly. Solana-based memecoin launchpad Pump.fun reportedly fired employees two months before they...
Ex-FTX users report funds being released in $900M distribution round
Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses. The...