Business

Jack Ma cedes control of Ant Group following a massive corporate restructuring
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17 January, 2023

Jack Ma cedes control of Ant Group following a massive corporate restructuring

Other changes to Ant Group’s structure include increasing independent directions and forming three sub-committees bordering on risk management, consumer rights,...
Chainalysis ‘Crypto Crime Report’ details OFAC sanctions’ impact
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16 January, 2023

Chainalysis ‘Crypto Crime Report’ details OFAC sanctions’ impact

Chainalysis says 2022’s estimates are further complicated by the year’s unprecedented carnage that followed the collapse of major crypto firms,...
Bitconnect promoter ordered to pay $17M to 800 fraud victims
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16 January, 2023

Bitconnect promoter ordered to pay $17M to 800 fraud victims

The DOJ's filings indicate that the project's founders diverted the funds and began operating a "textbook Ponzi scheme by paying...
Systemic risk and digital assets
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16 January, 2023

Systemic risk and digital assets

The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had...
Crypto.com announces more layoffs as digital currency market rout continues
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16 January, 2023

Crypto.com announces more layoffs as digital currency market rout continues

Singapore-based Crypto.com announced that it would lay off 20% of its workforce, just days after Silicon Valley exchange Coinbase announced...
People’s Bank of China currency report now includes digital yuan
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16 January, 2023

People’s Bank of China currency report now includes digital yuan

Including digital yuan data in the final report is a clear statement of intent by the PBoC to move with...
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