Staff at the U.S. Securities and Exchange Commission (SEC) are reviewing past crypto-related guidance to determine whether it still reflects the agency’s current priorities, according to a statement from acting…
The U.S. Securities and Exchange Commission has no business with certain stablecoins or their issuers, the regulator's staff declared in the latest statement outlining the corners of the crypto sector…
Sky Mavis, the web3 gaming firm behind Axie Infinity, laid off 21% of its workforce last week.The web3 firm’s co-founder and CEO Trung Nguyen said on X on Saturday that…
The move comes at a time when the mining landscape has become more competitive after the recent Bitcoin halving, which cut the block rewards by half. The availability of spot…
Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly…
Join Our Telegram channel to stay up to date on breaking news coverage Billionaire Galaxy Digital CEO Michael Novogratz suggested that the regulatory crackdown on the crypto industry in the…
USD Coin (USDC) issuer Circle plans to increase its workforce by 15–25% in 2023 amid a sea of layoffs across the industry, reported The Wall Street Journal.When a significant chunk of industry-wide…
Australian-based crypto exchange Swyftx has laid off a total of 90 staff members, which it said was in preparation for a “worst-case scenario” caused by the fallout of FTX and…
Bankrupt crypto exchange FTX has announced it will be “resuming ordinary” cash payments, salaries and benefits to its remaining employees around the world.The announcement came from new FTX CEO John…
The layoffs also come amid leadership shuffles. In early October, the company announced CEO Robert Gutmann and President Yan Zhao would be stepping down and returning to Stone Ridge Holdings…
