Crypto infrastructure company BitGo is cutting nearly 15% of its workforce as it restructures the business around key growth areas, including digital asset security, trading, stablecoins, settlement services and AI-powered infrastructure. Chief Executive Officer and co-founder Mike Belshe...
On-chain investigator ZachXBT has raised concerns about the financial health of crypto exchange AscendEX after multiple users reported withdrawal delays lasting from several days to weeks. The warning comes after ZachXBT reviewed wallet activity linked to the exchange...
Thai authorities have issued an arrest warrant for Chinese businessman Wang Yicheng, accusing him of playing a central role in an alleged illegal cryptocurrency mining network that reportedly consumed around $28 million worth of electricity without authorization. Thailand...
South Korea’s privacy regulator has fined crypto exchange Bithumb 210 million won ($136,000) after finding violations linked to the transfer of user data to overseas platforms. The decision was announced by the Personal Information Protection Commission (PIPC) following...
Animoca Brands has made an investment in stablecoin payment infrastructure provider AllScale, a move aimed at accelerating the use of stablecoins for global payments and supporting the rise of AI-powered commerce. The investment amount was not disclosed. However,...
Abracadabra has launched a series of emergency measures after its Magic Internet Money (MIM) stablecoin lost its dollar peg and plunged well below its intended $1 value. The decentralized finance protocol said it is taking immediate action to...
A new report has placed cryptocurrency exchange CoinEx under the spotlight after alleging that Iran-linked entities moved billions of dollars through the platform over the past several years. According to a report by The Wall Street Journal, more...
Ripple’s U.S. dollar-backed stablecoin, RLUSD, has officially launched in Japan following approval from the Japan Financial Services Agency (JFSA), marking a significant step in the company’s global stablecoin expansion strategy. The stablecoin is now available through SBI VC...
Crypto investigator ZachXBT has renewed criticism of MemeCore and several major cryptocurrency exchanges after the project's M token lost more than 74% of its value in a single day. The sharp sell-off saw M drop from nearly $3...
A Danish court has ruled that telecom operator TDC Net is entitled to compensation after being ordered to remove Huawei equipment from parts of its network, a decision that could draw attention from companies operating critical digital and...
