Crypto lender Nexo to quit U.S. market over ‘regulatory unclarity’
Cryptocurrency lender Nexo will pull out of the U.S. market “due to a lack of regulatory clarity.”
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U.S. crypto exchange Kraken to lay off 30% of its workforce, cites ‘market conditions’
U.S.-based crypto exchange Kraken said it will lay off 30% of its global workforce, or approximately 1,100 people, to “adapt to current market conditions.”
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Grayscale holdings questioned amid crypto investment giant’s silence
Top blockchain and crypto news: Grayscale’s cryptic reserves. Binance rides to the rescue? China hit by protests and digital dissent.
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Diverging paths of two CEOs running FTX’s Alameda Research may meet again in court
Employee accounts of life at Sam Bankman-Fried’s flagship cryptocurrency trading arm Alameda Research paint a picture of overworked and inexperienced millennials running a ship headed for the rocks: one seemingly escaped.
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Coinbase wallet ends support for ETC, BCH, XRP, XLM
The largest U.S.-based cryptocurrency exchange Coinbase Global Inc. announced that its wallet will no longer be supporting Ethereum Classic (ETC), Bitcoin Cash (BCH), XRP and Stellar (XLM).
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CeFi must adopt DeFi’s transparency following FTX collapse, Justin Sun says
Justin Sun says CeFi must adopt DeFi’s transparency to regain public trust as 1inch Network cofounder Sergej Kunz sees crypto’s struggles as an opportunity for DeFi.
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ECB’s Christine Lagarde: Further crypto regulation ‘absolute necessity’ following FTX collapse
Christine Lagarde of the European Central Bank said regulating cryptocurrency in the EU is an “absolute necessity” following the collapse of Bahamas-based exchange FTX.com.
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Markets: Top 10 crypto fall as BlockFi enters bankruptcy, macroeconomic concerns spread
Bitcoin and Ether fell in Tuesday morning trading in Asia as U.S.-based crypto lender Blockfi filed for bankruptcy overnight in what is seen as another casualty of the collapse of the FTX exchange this month.
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NFT images of anti-lockdown protests in China flood OpenSea
Pictures taken from protests against China’s zero-Covid policy across the mainland are now for sale on OpenSea, the largest NFT marketplace, as non-fungible tokens (NFT). See related article: ‘Voice of April’ NFTs highlight Shanghai struggles amid lockdown Fast facts See related article: Bitcoin price follows slide in Asia equity markets amid growing China protests against…
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Nigeria seeks distinction between digital assets and crypto
Nigeria seeks to advance digital asset trading in the country but is drawing a distinction between digital assets and cryptocurrencies.