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Bitmain Halts Employee Salaries Amid Financial Woes, Report

[Oct 11, 2023 4:00 AM] Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information suggesting that the crypto giant is experiencing financial difficulties with…

Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages

[Oct 9, 2023 10:30 PM] Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for…

Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts

[Oct 7, 2023 2:30 AM] Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop…

Wrapped Crypto Tokens, Explained

[Oct 5, 2023 1:55 AM] Wrapped tokens are blockchain assets that represent other assets from different blockchains, facilitating interoperability within specific ecosystems.

SEC Seeks Rejection of Coinbase’s Pushback Against Its Lawsuit

[Oct 4, 2023 6:30 PM] The U.S. Securities and Exchange Commission (SEC) has asked a judge to reject Coinbase’s attempt to have the regulator’s lawsuit against it dismissed. The exchange had alleged that the agency overstepped its authority and abused its discretion in…