Business

Kraken also hired a new chief technology officer this week

Crypto advisory firm founder says current environment poses challenging IPO path for segment’s players

The decision was made in light of “limited demand” among US institutions because of the “current market landscape”

Moody’s changed Coinbase’s outlook because of uncertainty about how the SEC charges will affect the business and money flow

The exchange warned customers to withdraw USD funds by June 13

Industry exec suggests that Web3 companies seek advice from counsel and invest in compliance teams as latest SEC actions highlight ongoing securities questions

The tentative agreement would result in BitGo purchasing Prime Trust outright, the company said on Thursday

Google found that in 65% of cases involving compromised cloud accounts, hackers were engaging in crypto mining

Before it stopped working with crypto clients, Armanino told Binance to straighten up

Brian Brooks resigned as CEO of Binance.US after a just few months back in August 2021

Lawsuit presents evidence from CFTC and SEC cases against Binance, indicating use by US citizens employing VPNs

The SEC seeks to prevent defendants from “destroying, altering or concealing relevant records”

Coinbase CEO Brian Armstrong says the SEC suit is “very different from others out there”

The SEC takes on the two biggest players in crypto within 24 hours

“We do not want to be regulated ever,” the SEC quotes an unnamed Binance CCO in lawsuit

CleanSpark’s normal bitcoin production nearly doubled during five-day stretch in May amid Ordinals-spurred fee increases

Binance claims that it tried to reach a settlement with the SEC ahead of the lawsuit

FTX alleges Genesis owes $3.9 billion in cash and crypto, as major feeder fund enabling fraudulent business model

PayPal Ventures, the VC arm of PayPal, was the lead investor for Magic Labs

Nansen, a blockchain analysis firm, also laid off 30% of its workforce

Working with the racing organization allows company to introduce Web3 technology capabilities to a new audience, exec says 

The weaknesses of large language models like ChatGPT are “too great to use reliably for security,” OpenZeppelin’s machine learning lead says

Crypto exchange re-evaluating whether it has the right talent in top roles, but looks to continue hiring, according to spokesperson

Deutsche Telekom has previously supported infrastructure and run nodes on at least five other chains, including Ethereum

A Coinbase user had attempted to argue the IRS violated his constitutional rights when it sought his trading data