Crypto Regulation
New York Governor Signs a Bill to Ban PoW Crypto Mining
On November 22, nearly four months after the state senate passed the PoW moratorium bill, New York City Governor Kathy Hochul officially signed it into law. As a…
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Companies
Solana NFT Protocol Metaplex Announces Massive Layoffs
The co-founder and CEO of Metaplex, Stephen Hess, stated on Thursday that the company has started a wave of corporate layoffs.
Companies
Binance Moved $2.7B Out of its Proof of Reserves Wallet
Binance is under backlash from the cryptocurrency community after moving $2.7 billion (USDT) from their proof-of-reserves wallet barely 20 hours after posting their proof-of-reserves…
Companies
Another Company is Affected by FTX Bankruptcy and Loses Nearly 300 Million Dollars
Temasek, a private business established by the Singaporean government in 1974, has decided to treat its investments in the defunct FTX exchange as a…
Crypto Regulation
US Financial Committee to Hold a Bipartisan Hearing on FTX Failure
The collapse of the cryptocurrency trading platform FTX has sparked an international regulatory inquiry, and the U.S. House Financial Services Committee will hold a…
Companies
Binance Shares Six Principles for Centralized Exchanges
Following the collapse of the once-dominant cryptocurrency exchange FTX, centralized exchanges have lost some credibility among crypto investors.