Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in...
Month: July 2023
Elon Musk kickstarts new AI company to ‘understand the universe’
"The goal of xAI is to understand the true nature of the universe," the company wrote. American business magnate Elon...
Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal
The group raised concerns over Prometheum’s changing position on crypto regulatory clarity and under what circumstances the firm obtained a...
BNB Beacon Chain hard fork adds ‘panic’ feature that can ‘halt’ blockchain
BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades...
Bitcoin ETF would be the ‘seal of approval’ from SEC: Mike Novogratz
The Galaxy Digital founder believes approval of a spot Bitcoin ETF would essentially be a United States regulator and government...
IRS probes crypto traders using Puerto Rico tax breaks: Report
“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime. Prosecutors from the United States...
Google Play Store officially allows NFT games, but not gambling ones
The store’s team said games can offer NFTs for sale or to earn, but developers must declare this feature in...
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations. The European...
What to expect from the first Coinbase-SEC hearing
As the first hearing since the SEC lawsuit on June 6, the conference is expected to be "procedural and administrative,"...
US senators reintroduce crypto bill aimed at comprehensive regulation
The Responsible Financial Innovation Act will establish guardrails “to prevent another FTX-style event from occurring” in the wake of the...
US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure
The government previously promised to liquidate approximately 40,000 remaining BTC from the seizure in “four more batches” over the remainder...
‘AI helps traders utilize more intuitive strategies,’ says exchange
Bitget currently has a martingale AI trading bot and a grid trading AI bot on its platform. On July 11,...
BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price
Persistent regulatory actions and concerning derivatives data are likely the main factors behind BNB’s bearish price action.
PwC hedge fund survey finds crypto remains viable despite recent market turmoil
The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to...
Bored Ape floor price falls below 30 ETH: Nifty Newsletter, July 5–11
A decentralized finance borrower used a nonfungible token representing a luxury watch to take out a $35,000 loan. In this...
