Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue
CEO Vlad Tenev took the blame for the layoffs, saying the company projected the high interest in its platform during the pandemic, and meme stock craze would last.
CEO Vlad Tenev took the blame for the layoffs, saying the company projected the high interest in its platform during the pandemic, and meme stock craze would last.
Ishan Wahi is alleged to have shared with his brother and a friend tokens that were to be listed on Coinbase, with the three earning $1.5 million from this.
Kurt Wuckert Jr. looks back at some of the best clips from previous episodes of the CoinGeek Weekly Livestream, including SLictionary's John "Jack" Pitts and blockchain guru Daniel Krawisz in a recorded edition.
About $4.8 million has been swiped from ZB and cashed out on DEXes, hours after the exchange halted withdrawals evens as exit scam allegations spring up.
The OSC listed KuCoin, FX-BTC Trade, and others in its latest warning list of firms targeting Ontario residents even when they are not licensed to operate.
The exchange received the license from the Australian Transaction Reports and Analysis Centre just weeks after securing similar nods in New Zealand and Dubai.
The bank says that the two firms never acquired the licenses to serve Kenyans, even as Flutterwave gets caught in a $52 million money laundering scandal.
The collapsing digital asset lender Vauld applied for a six-month moratorium, but the Singaporean judge ruled that this would impact supervision and monitoring.
PowChess has shot up the charts in user numbers, and as founder Gal Buki tells CoinGeek Backstage, the Queen’s Gambit and COVID-19 lockdowns had a little to do with it.
AG Letitia James called on any New Yorker deceived by a digital asset firm through withdrawal freezes, layoffs or bankruptcy filings to contact her office.
FCA published new guidelines prohibiting flashy ads that don’t portray the risks that such investment comes with, and digital assets ads are set to follow.
FDIC insurance doesn’t protect against insolvency, default, or bankruptcy of any non-bank entity such as digital asset exchanges, custodians, or brokers.