Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The alleged lack of transparency from Binance in the investigation is poised to influence upcoming UK crypto regulations.
Amazon CEO Andy Jassy published a note on staff layoffs, adding that the process would extend into 2023.
Gap reported net sales of $4.04 billion, up 2% compared to the prior year.
Meanwhile, Bahamian liquidators have challenged the legality of FTX to apply for Chapter 11 bankruptcy in Delaware.
Despite losing $3.7 billion in the third quarter of 2022, Meta is still interested in hiring up to 10,000 employees in Europe to work on the metaverse.
As Musk builds Twitter 2.0, managers could be fired for permitting a remote work format for employees that are not “exceptional.”
BrightDrop has a reservation count of over 25,000 EV units from large fleet operators, including FedEx and Walmart.
Binance is also looking at acquiring the Genesis Trading loan book, which may come off as a major relief to the company’s parent firm, Digital Currency Group (DCG).
According to the announcement, the Lite service will be kickstarted in Latin America, Southeast Asia, and the Middle East.
Recent announcement by the lending arm of the crypto investment bank Genesis Global suggests that FTX contagion may be in full effect.
The Aptos platform is powered by the Move programming language which is very modular and will facilitate faster upgrades to modules and their programmability in a very seamless and effective manner.
Coinbase says it has always been keenly interested in asset security and regulatory compliance.
Temasek clarified that its investment in FTX does not imply it has direct exposure to cryptocurrencies.
In the case of FTX, the tug-of-war between the US and Bahamian regulators may elongate all bankruptcy proceedings.
According to Elon Musk, the work he does at Twitter and his other companies does not perfectly match the role of a CEO.