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Crypto Lending Company Blockfi Cuts Staff by 20%
13.6.2022
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform
7.5.2022
The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed must pay $10 million each. Bitmex’s Founders Fined $30 Million...
Court Hands BitMEX Founders USD 30m in Fines for AML Violations
6.5.2022
A New York court has ordered the three former masterminds of the BitMEX crypto exchange to fork out a combined USD 30m in “civil monetary penalties.”...
Read More: Court Hands BitMEX Founders USD 30m in Fines for AML Violations
Court orders BitMEX founders to pay $30M civil penalty
6.5.2022
The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
6.5.2022
The three co-founders, Arthur Hayes, Benjamin Delo and Samuel Reed, must each pay $10 million, the CFTC said
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
5.5.2022
A federal judge ordered the three co-founders of BitMEX to pay $30 million total for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules, the Commodity Futures Trading Commission said Thursday
Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant
1.5.2022
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change...
Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance
27.4.2022
Ondo, founded by former Goldman Sachs traders, will use the $20 million round to expand its structured products offerings
Crypto is going mainstream: Here’s how the future founders will build on it
17.4.2022
Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas?
Crypto Exchange LBank and ETHDubai Partner for an Exclusive Meet-Up
7.4.2022
PRESS RELEASE. Venture capitalists, founders, and eminent crypto investors graced the event to meet and connect. While the event was insightful, it was also a moment of unwinding for the attendees after weeks of back-to-back cryptocurrency and blockchain summits in Dubai. The host, Patrick Aljord...
Twitch Co-Founder’s Gaming NFT Marketplace Raises $35M
1.4.2022
Fractal is ramping up development with the help of big-name backers
How to make a Metaverse: Secrets of the founders
1.4.2022
RocketX Exchange Inputs by Co-founders – Mr. Davinder Singh & Domendra Verma
31.3.2022
Today at CryptoNewsZ, we are joined by Davinder Singh & Somendra Verma, Co-founders of RocketX, the World’s First Global Liquidity Aggregator that support Cross Chain Swaps & Token Transfers. Hello Davinder & Domendra! It’s absolutely a pleasure to interview two dynamic &...
Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups
31.3.2022
On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital...
DOJ cracks down on 'rug pulls', charging Frosties NFT project founders
25.3.2022
“You can’t solicit funds for a business opportunity, abandon that business and abscond with money investors provided you,” stressed IRS-CI Special Agent-in-Charge Thomas Fattorusso
Draper University Partners With VeChain to Train Web 3 Founders
22.3.2022
The broader Draper Network of investment funds was an early backer of the blockchain platform for supply chain and business process management
DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors
22.3.2022
Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less...
Peter Thiel Says His ‘Biggest Mistake of the Decade Was Getting Too Late and Too Little Into Bitcoin’
19.3.2022
During a discussion published on March 12, 2022, the billionaire entrepreneur and venture capitalist, Peter Thiel discussed how he built Paypal with fellow co-founders Max Levchin, David Sacks, and Luke Nosek. Toward the end of the hour-long conversation, the topic quickly turned...
Here Is Internet Computer Founder's Proposal to 'Hasten the End' of Ukraine War
17.3.2022
Dominic Williams, the founder of Internet Computer (ICP) and the non-profit organization dedicated to building and promoting it, DFINITY, has a plan to help end the war in Ukraine.
Pointing out that Russia is in full control of all the media running in its jurisdiction, which distribute...