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Business

Animoca Brands slashes anticipated Web3 fund to $1 billion: report
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12 January, 2023

Animoca Brands slashes anticipated Web3 fund to $1 billion: report

The current amount raided is a far cry from the announcement in 2022 in which Animoca Brands noted that it...
CFTC takes Mango Markets manipulator to court
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11 January, 2023

CFTC takes Mango Markets manipulator to court

Avraham Eisenberg is facing court charges over his alleged "blatant manipulation" of spot prices and swaps that drained $110 million...
Coinbase cuts another 20% of workforce and warns of up to $500M in losses
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11 January, 2023

Coinbase cuts another 20% of workforce and warns of up to $500M in losses

The cuts amount to 950 people, on top of the 1,100 Coinbase cut back in June; its CEO Brian Armstrong...
Gemini seeks ‘unfit’ Barry Silbert’s ouster as Digital Currency Group CEO
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11 January, 2023

Gemini seeks ‘unfit’ Barry Silbert’s ouster as Digital Currency Group CEO

Cameron Winklevoss says some 340,000 Gemini Earn users have been “defrauded” by DCG subsidiary Genesis Global Capital and, by extension,...
XRP a security? What the Schwartz-Satoshi skirmish reveals about Ripple
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11 January, 2023

XRP a security? What the Schwartz-Satoshi skirmish reveals about Ripple

The recent argument between Dr. Wright and Schwartz only cemented the SEC's long-held belief against Ripple's XRP token—that it was...
Mt. Gox trustee extends preferred-payment deadline to March 2023
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11 January, 2023

Mt. Gox trustee extends preferred-payment deadline to March 2023

Account holders of Mt. Gox hoping to receive back a portion of their balances have until March 10 to register...
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