Archive

3D sculpture of a lion with blue horns next to a man during crypto winter time while Crypto.com layoffs.

FTX News

Crypto.com to Layoff 20% of its Workforce Amidst Persistent Crypto Winter

Crypto.com CEO Kris Marszalek blamed the recent layoffs on the worsening economic downturn.

by Soumen Datta.

Published: January 13, 2023 │ 2:00 PM GMT

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NFTs

Animoca Brands Pours Over $750,000 into Psychic VR Lab

The investment from Animoca Brands would significantly accelerate the creation of the ‘Real Metaverse’ through their platform STYLY.

by Insha Zia.

Published: January 13, 2023 │ 11:00 AM GMT

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Policeman issues a parking ticket to a fancy pink sportscar.

Regulations

Gemini’s Winklevoss Responds to SEC’s Charges, Calls Them ‘Manufactured Parking Ticket’

Tyler Winklevoss said that the SEC’s actions are “totally counterproductive” and “super lame.”

by Arturas Skur.

Published: January 13, 2023 │ 10:30 AM GMT

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Lady Justice statue holding scales and sword.

Regulations

SEC Charges Genesis and Gemini, Alleges Genesis Loaned Customer Assets to DCG

The agency said that Genesis lent $575 million, including Gemini Earn customer assets, to its parent company DCG.

by Arturas Skur.

Published: January 13, 2023 │ 10:05 AM GMT

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Press Releases

Polygon Founder-Led Web3 Accelerator Beacon Hosts Inaugural Demo Day

Early-stage web3 accelerator Beacon held its first Demo Day of the year with 13 projects pitching live to over 300 top venture capitalists.

by Chainwire.

Published: January 12, 2023 │ 8:00 PM GMT

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Barry Silbert a thwe table laying off staff.

Exchanges

DCG’s Genesis Reportedly Owes Over $3 Billion to Its Creditors

DCG is considering liquidating part of its $500 million venture capital portfolio to help Genesis with the debt.

by Arturas Skur.

Published: January 12, 2023 │ 8:00 PM GMT

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Regulations

Nexo’s Office in Bulgaria Raided on Suspected Money Laundering and Tax Crimes

Over 300 police officers, prosecutors, and national security agents are involved in the investigation of Nexo.

by Arturas Skur.

Published: January 12, 2023 │ 7:00 PM GMT

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Press Releases

Orange Financial To Launch Innovative Yield Farming Treasury – Stablecoin Rewards for NFT Holders

Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs.

by Chainwire.

Published: January 12, 2023 │ 6:00 PM GMT

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