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Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
As the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June.
Former head of TikTok gaming leaves Web2 to build core Web3 protocol
Jason Fung said he hopes to solve interoperability problems with metaverse development through his new company Meta0.
Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer
The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves.
Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs
The subscription-based unique NFT is capped at 10,000 and buyers would receive a digital debit card along with the NFT to pay for their subscription.
Hong Kong securities regulator CEO to lead UK financial watchdog
Ashley Alder said the FCA would help “chart the UK’s post-Brexit future as a global financial centre which continues to support innovation and competition."
Know thy customer: The future of KYC in crypto
With the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer.
Compass Mining retrenches 15% of staff, execs to take major pay-cuts
Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
Web3 activists fight for reproductive rights with NFTs, DAOs and protests
The Web3 community has launched a number of initiatives to raise funds and awareness for women’s reproductive rights following the overturn of Roe v. Wade.
Fairfax County highlights the value in the 'short-term nature' of yield farming
Fairfax County continues to invest public retirement funds in the cryptocurrency space, highlighting the 'short-term nature' of yield farming as an appealing portfolio diversifier.