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Crypto exchange Huobi to lay off 20% of staff as industry reels from FTX collapse CNBCsource
Threshold Network’s native token, $T, has seen its price surge over 200% in just 30 days in an astounding rise that has seen it outperform top cryptocurrencies, including Bitcoin ($BTC) and Ethereum ($ETH).The network is the result of an on-chain merger between two existing networks, NU and KEEP, and is a decentralized bridging protocol that … Read more
[co-author: Stephanie Kozol]New York Attorney General Letitia James led a bipartisan multistate coalition to reach a $24 million settlement with cryptocurrency company Nexo for allegedly offering and selling unregistered securities and commodities. As noted in AG James’s press release, each of the 53 U.S. jurisdictional North American Securities Administration Association (NASAA) members will be eligible … Read more
Did The Bahamas Really Seize $3.5B in Crypto? FTX Says NoFTX and securities regulators in The Bahamas are tiffing over how much crypto was actually seized amid odd cyberattacks on the platformMaurice NORBERT/Shutterstock, modified by BlockworksshareNewsletterBlockworks Daily upcoming eventPermissionless 2023Austin, TexasMON – WED, SEPT. 11 – 13, 2023Permissionless is the brainchild of Blockworks and Bankless. … Read more
Sign up to have blog posts delivered straight to your inbox!To say the last few months have been tumultuous for the cryptocurrency industry may be an understatement. But it’s interesting to consider how the cryptocurrency mining industry has proven resilient—at least in the face of legal and regulatory pressure. For instance, in June 2021, the … Read more
Not so long ago, cryptocurrency was sold to state and local government pensions as consistent with … [+] their ESG objectives. Senator Katie Muth, a Board Member for the $40 billion Pennsylvania State Employees’ Retirement System (PSERS) will never forget the first meeting of the pension board she attended and the ESG presentation she heard … Read more
Cryptocurrency exchange Luno to slash workforce by 35% over … Anadolu Agency | Englishsource
By Amanda Iacone and Nicola M. WhiteIn the rush to reassure customers and the markets, crypto exchanges like Kraken and Binance Holdings Ltd. in 2022 touted auditor-provided tests of their reserves testing to show customer deposits were safe.But those reports—point-in time snapshots of reserves that don’t reflect fund volatility or outstanding obligations—failed to reassure jittery … Read more
Regulators warn U.S. banks on crypto risks including ‘fraud and scams’ after FTX collapse CNBCsource