According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the...
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2 Minutes
2 Minutes
As TikTok and Coinbase face regulators, some questions are simpler than others
We learned last night that the U.S. Securities and Exchange Commission served Coinbase with a Wells notice, a prelude to taking enforcement action against the U.S. crypto giant over potential “violations of the federal...
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2 Minutes
Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect
It has been nearly four months since Brett Harrison stepped down as president of FTX US, the American division of the now-bankrupt crypto exchange. Now, he has raised $5 million for his own startup,...
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1 Minute
Tech Company Layoffs: How Are Amazon, Meta and Others Pivoting? | Tech News Briefing Podcast | WSJ
After a period of aggressive hiring to meet heightened demand for online services during the pandemic, tech companies are now laying off many of those workers. And tech bosses are saying “mea culpa” for...
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2 Minutes
Audit firm Mazars ceases proof-of-reserves work for Binance and others
Global audit firm Mazars has deleted the website that hosted proofs-of-reserves work for cryptocurrency exchanges. The company told Bloomberg that it is suspending its work with crypto companies on proofs-of-reserves reports going forward. Mazars...
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2 Minutes
Arcade Raises $3.2M From Crypto.Com, Solana, KuCoin and Others to Mainstream GameFi
Arcade, a GameFi platform that’s democratising web3 gaming, has raised $3.2 million in seed funding. Several industry heavyweights and renowned investors participated after being swayed by Arcade’s vision of mass market gaming in which...
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