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...

Pakistan To Implement New Law for CBDC Launch by 2025

Pakistan To Implement New Law for CBDC Launch by 2025

The State Bank of Pakistan (SBP) has established new legislation for Electronic Money Institutions (EMIs), non-bank organizations that provide digital payment instruments, in order to ensure the prompt issuance of a CBDC over the next three years.  According to...

Swyftx Lays Off 90 Staff Members Amid Crypto Winter

Swyftx Lays Off 90 Staff Members Amid Crypto Winter

Swyftx, an Australian cryptocurrency exchange, has laid off 90 employees, accounting for 40% of its workforce. Swyftx announced the development via a press release this morning. The decision was made in response to the decline of the crypto market...

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