Amber Group Halts Funding Round Amid FTX Fallout

Amber Group Halts Funding Round Amid FTX Fallout

Amber Group, a Singapore-based cryptocurrency company, has reportedly put its funding round on hold. The decision was made in response to the fallout from the collapse of the "once-revered" FTX crypto exchange.   To reassure users about the safety of...

Mazars Hired To Audit KuCoin’s Proof-of-Reserves

Mazars Hired To Audit KuCoin’s Proof-of-Reserves

KuCoin, a cryptocurrency exchange, has hired Mazars, an international accounting firm, to perform a third-party audit of its Proof-of-Reserves.  According to the announcement on KuCoin's official blog, the company will provide information on whether KuCoin's in-scope assets are collateralized....

Elon Musk Lifts Ban on Dogecoin-Related Accounts

Elon Musk Lifts Ban on Dogecoin-Related Accounts

Early this morning, cyn dogelover, a Twitter user, raised the alarm about the reactivation of previously suspended Dogecoin-related Twitter accounts. The user tagged Twitter and Elon Musk to bring the incident to their attention. Billy Markus, the creator of...

Crypto Winter-Bybit To Lay Off 30% of Workforce

Crypto Winter: Bybit To Lay Off 30% of Workforce

Crypto organizations have reacted in one way or another to the most recent developments in the crypto industry. The implosion of the now-defunct crypto giant FTX is largely attributed as one of the causes of the current bearish market...

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