News

Snapchat parent company sacks Web 3.0 team amid restructuring
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6 September, 2022

Snapchat parent company sacks Web 3.0 team amid restructuring

Snap Inc. is forgoing its ambition to create Web3-related products to focus on growing its community and revenue and immerse...
Singapore court rules Bithumb acquisition case in favor of exchange founder: report
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6 September, 2022

Singapore court rules Bithumb acquisition case in favor of exchange founder: report

After a years-long deliberation, former Bithumb chairman Lee Jeong-hoon won his lawsuit in Singapore against BK Medical Group chief Kim...
Coinbase-backed Rain Financial dismisses more employees as digital asset market slump continues
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6 September, 2022

Coinbase-backed Rain Financial dismisses more employees as digital asset market slump continues

The company cites the persisting price slump in the digital asset market with Rain's co-founder and CEO, noting that the...
Embattled Compass Mining shuts down Georgia facilities after 50% energy price hike
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6 September, 2022

Embattled Compass Mining shuts down Georgia facilities after 50% energy price hike

Compass, which recently laid off 15% of its staff and slashed executives’ salaries by 50%, will relocate its mining rigs...
CoinGeek Weekly Livestream: An AMA with Kurt Wuckert Jr.
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5 September, 2022

CoinGeek Weekly Livestream: An AMA with Kurt Wuckert Jr.

Kurt Wuckert Jr. gets deep with viewers on topics involving the controversial Crypto Leaks, the vibrant BSV community, his plans...
Celsius wants to return $50M of customer funds, but there’s a catch
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5 September, 2022

Celsius wants to return $50M of customer funds, but there’s a catch

Celsius wants to only return funds to customers who hold assets in Custody and Withhold accounts, leaving out anyone who...