‘Lost’ Yuga Labs restructures again, with layoffs, new executive
The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside...
Crypto Biz: X payment system, Block moves into Bitcoin mining and more
Social media platform X is set to incorporate a wide range of financial services into its ecosystem. Christopher Stanley, X’s head of payments, compared...
John Deaton files amicus brief in support of Coinbase appeal against SEC
The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work...
EU DeFi regulations set to welcome big banks, challenge crypto natives
New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native crypto projects. ...
BlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32%
A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to tokenize shares of BlackRock’s ICS Treasury Fund on...
Banks could flood into stablecoins if new bill passes: S&P Global
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global...
39% of Canada’s institutional investors have exposure to crypto: KPMG
KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto. 707 Total views...
Meta drops 15% on weak outlook and high AI and metaverse spending
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest...
Bitcoin-hating European Central Bank isn't doing much to stop scammers
FTX co-founder Sam Bankman-Fried was sentenced to 25 years in jail. Apple co-founder Steve Wozniak just won an appeal against YouTube and the use of...
Hut 8 ‘self-mining plans’ make it competitive post-halving: Benchmark
Analysts from investing banking firm Benchmark initiated coverage on Hut 8, issuing a “buy” rating and setting a $12 target for the firm’s...
