Nansen Blockchain Firm Reducing Staff ‘Surface Area’ by 30%

Nansen Blockchain Firm Reducing Staff ‘Surface Area’ by 30%

The crypto bear market is still gripping many companies, including blockchain analytics firm Nansen which has just announced a major staff cut. On May 30, Nansen CEO Alex Svanevik announced an “extremely difficult…

Crypto hacks falling in Q1 is but a ‘temporary reprieve’ — Blockchain firm

Crypto hacks falling in Q1 is but a ‘temporary reprieve’ — Blockchain firm

The crypto community is being urged not to let their guard down despite a significant decline in crypto hacks during the first quarter of 2023 — with one firm warning it is most…

DCG’s Bitcoin Mining Firm Foundry To Begin Charging Fees For Services

DCG’s Bitcoin Mining Firm Foundry To Begin Charging Fees For Services

The largest mining pool by hash rate share will no longer offer its services for free, according to a notice sent to clients. Foundry, the Bitcoin mining arm of Digital Currency Group, will…

Weeks After “Red Notice,” Do Kwon Opened a Firm in Serbia

Weeks After “Red Notice,” Do Kwon Opened a Firm in Serbia

Do Kwon established a company just weeks after Interpol issued a “Red Notice” for the Terraform Labs co-founder. Terraform Labs co-founder Do Kwon has reportedly created a Serbian company for less than $1….

BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report

BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report

Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is a…

Crypto Firm Taurus Completes  Million Funding Round Led by Credit Suisse, Deutsche Bank

Crypto Firm Taurus Completes $65 Million Funding Round Led by Credit Suisse, Deutsche Bank

Taurus SA – a Swiss entity that provides an infrastructure to issue, custody, and trade cryptocurrencies – raised $65 million to improve its platform and expand internationally.  Major monetary institutions, including Credit Suisse,…

Crypto Firm Juno Restarts Services After Finding a New Custodian Partner

Crypto Firm Juno Restarts Services After Finding a New Custodian Partner

The Singapore-based cryptocurrency platform Juno announced that all services are “now up and running again.” It increased daily withdrawal limits at the beginning of the year and urged customers to transfer their holdings…

Google invests 0M in AI firm previously funded by Sam Bankman-Fried

Google invests $300M in AI firm previously funded by Sam Bankman-Fried

Google Cloud has reportedly invested $300 million into artificial intelligence (AI) startup firm Anthropic, which also happened to receive over $500 million in funds from former FTX CEO Sam Bankman-Fried about six months…

Binance Purchased a Stake in South Korean Crypto Firm GOPAX

Binance Purchased a Stake in South Korean Crypto Firm GOPAX

Binance reportedly acquired a “meaningful” amount of GOPAX shares. Binance, the largest cryptocurrency exchange in terms of daily trading volumes, has invested in the South Korean crypto exchange GOPAX. According to the announcement…

Bitcoin Custody Firm Casa to Add Ethereum Support

Bitcoin Custody Firm Casa to Add Ethereum Support

Casa, a popular Bitcoin self-custody firm, is adding Ethereum support to its platform. Nick Neuman, Casa CEO, along with Jameson Lopp, Casa co-founder and CTO, discuss the latest move and further expansion plans…

HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years

HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years

A start-up accelerator co-founded by Hong Kong legislative council member Jonny Ng Kit-Chong wants to attract 1,000 Web3 businesses to set up shop in the city-state over the next three years. Ng Kit-Chong…

Troubled Crypto Firm Genesis Owes Gemini’s Customers 0 Million (Report)

Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)

The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million.  Genesis has been coping with severe issues ever since the…

Software Firm Stripe Rolls Out Fiat-to-Crypto On-Ramp

Software Firm Stripe Rolls Out Fiat-to-Crypto On-Ramp

Stripe’s fiat-to-crypto on-ramp allows customers to buy crypto instantly while using Web3 apps. Stripe, an Irish-American financial services and software firm established in 2010, has launched a fiat-to-crypto on-ramp. According to the blog…

Technology Firm Paxos to Employ 130 People in Singapore

Technology Firm Paxos to Employ 130 People in Singapore

Paxos currently employs 20 people in Singapore and 350 globally. Paxos, a New York-based financial institution and technology firm specializing in blockchain, is planning to hire approximately 130 employees for its Singapore office….

Bitfinex ‘Pleased’ With Law Firm Roche Freedman’s Removal From Class Action

Bitfinex ‘Pleased’ With Law Firm Roche Freedman’s Removal From Class Action

“We are pleased with the court’s thorough and well-reasoned decision to remove Roche Freedman LLP as interim class counsel,” a Bitfinex spokesperson told Decrypt in an email. “Roche Freedman’s repeated attempts to trivialize and…

Crypto Firm 21Shares Launches Bitcoin ETP on Nasdaq Dubai

Crypto Firm 21Shares Launches Bitcoin ETP on Nasdaq Dubai

Following the Bitcoin ETP launch in Europe, 21Shares introduces it to the Middle East. 21Shares, a technology and financial company working on issuing exchange-traded products (ETPs), has listed its first physically-backed Bitcoin ETP…

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