Category News
As the cryptocurrency market imploded last year, Gemini Earn customers repeatedly asked the company if their assets were safe. Some of Gemini’s responses, reviewed by Axios, emphasized connections to the Federal Deposit Insurance Corporation.
Crypto security startup Hypernative raises $9M to help prevent web3 cyber attacks
Hypernative, a crypto security-focused startup, has raised $9 million in seed funding as it emerges from stealth, co-founder and CEO Gal Sagie exclusively told TechCrunch.
Dogecoin and Ether Lead Crypto Market Pullback as Bulls Take a Breather
The crypto market slid in the past 24 hours as traders likely took profits after weeks of an uptrend. Ether and dogecoin led the slide among major tokens, falling more than 5%, Cardano's ADA and Polygon's MATIC dropped 4%, while bitcoin lost just 1.6%, CoinDesk data show.
DCG-owned crypto exchange Luno axes 35% of staff, citing market turbulence
Cryptocurrency exchange Luno is the latest company in the industry to make layoffs, setting out to cut 35% of its global workforce.
Crypto Exchange Luno Cutting 35% of Its Staff
According to the company's LinkedIn page, Luno has more than 600 employees, meaning it will cut over 210 jobs. Luno said the layoffs will affect employees in all regions. Headquartered in London, Luno has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney.
How Self-Regulation Can Help Crypto Thrive
Successfully implementing self-regulation in the blockchain ecosystem is imperative, no matter what decisions and laws external forces might make, says Miguel Morel, founder and CEO of blockchain analytics company Arkham Intelligence.
UPDATE 1-DCG’s crypto exchange Luno to cut 35% jobs amid harsh crypto winter
Jan 25 (Reuters) - Digital Currency Group-owned Luno said on Wednesday it would cut 35% of its total workforce, the latest in a slew of companies in the digital assets sector to reduce headcount to weather a slump in the cryptocurrency market.
‘NOT business as usual’: Jim Cramer blasts ‘dangerous’ $4.3B bailout of crypto bank — here’s how to prepare for a total collapse of crypto confidence
Facing a wave of withdrawals from skittish investors, a crypto-friendly bank is staying solvent thanks to an unusual multibillion-dollar loan — a move Jim Cramer says should knock you off your chair.
How the blare of a crypto mine woke up this Blue Ridge Mountain town
Murphy, North Carolina CNN — When Judy Stines first heard about cryptocurrency, “I always thought it was smoke and mirrors,” she said. “But if that’s what you want to invest in, you do you.”
Genesis’ Crypto Lending Businesses File for Bankruptcy Protection
The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.