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BlueBenx fires employees, halts funds withdrawal citing $32M hack

BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off most of its employees.BlueBenx joins the

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US ethics advisory on federal employee’s crypto has basis in legislation

When the United States Office of Government Ethics (OGE) released its Legal Advisory 22-04 on July 5, most attention was given to its conclusion that federal employees who own any amount of cryptocurrency or stablecoins whatsoever may not participate in regulation and policymaking that concerns crypto. The legal advisory (LA)

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Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This Week OpenSea lays off 20% of its staff,

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South Korean prosecutors ban Terra employees from exiting the country: report

Terra (LUNA) employees are reportedly unable to leave South Korea as the country's prosecutors imposed a departure ban on key developers of the project.Korean media outlet JTBC reported on Monday that an investigation team from Seoul Southern District Prosecutor's Office has imposed a travel ban on key team members of

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OKX Plans to Increase its Workforce by 30% to 5k Employees in 12 Months, With a Focus on Gender Balance

Summary: OKX crypto exchange has updated its plans to weather the ongoing crypto winter. The team at OKX has stated that they plan to increase their workforce by 30% to 5,000 employees globally in 12 months. Additionally, OKX plans on maintaining gender balance. The team at the crypto exchange of OKX has announced that

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FINRA may hire employees terminated from crypto firms: Report

The United States Financial Industry Regulatory Authority, or FINRA, reportedly plans to “bulk up” its capability to monitor crypto — a move that could include scooping up employees recently terminated from crypto companies.According to a Tuesday Reuters report, FINRA president and CEO Robert Cook encouraged crypto workers who expect to be

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