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Other, smaller-circulation stablecoins lost their pegs, too, including BUSD, issued by Paxos, and crypto-backed stablecoin DAI, issued by MakerDAO. Only USDT seemed to benefit from the turmoil, briefly exceeding $1, most likely because of investors shifting out of the depegged stablecoins. Original Source
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Hundreds of people have lost their jobs at companies owned by crypto venture capital firm Digital Currency Group (DCG), as the long crypto winter, made colder by the FTX collapse, continues to affect the sector. Amid the recent layoffs, London-based cryptocurrency exchange Luno announced on Jan. 25 a reduction of 35%
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United States prosecutors have laid charges in two separate cases against nine people who founded or promoted a pair of cryptocurrency companies alleged to be Ponzi schemes that netted $8.4 million from investors.On Dec. 14 the U.S. Attorney’s Office for the Southern District of New York unsealed the indictment, alleging
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According to an 8-K filed on Tuesday June 14, one of the world's largest cryptocurrency startups, Coinbase, is laying off nearly 18 percent of its personnel. This comes as the crypto market continues to be battered by prospects of more aggressive Federal Reserve interest rate hikes. According to the filing,
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ICO statement in response to the Department for Culture, Media and Sport (DCMS) laying the International data transfer agreement (IDTA), the International data transfer addendum to the European Commission’s standard contractual clauses (Addendum) and a document setting out
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ICO statement in response to the Department for Culture, Media and Sport (DCMS) laying the International data transfer agreement (IDTA), the International data transfer addendum to the European Commission’s standard contractual clauses (Addendum) and a document setting out
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ICO statement in response to the Government laying the Data Sharing Code of Practice before Parliament on 18 May 2021. “We welcome the
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ICO statement in response to the Government laying the Age Appropriate Design Code, also known as the Children's Code, before Parliament. “We welcome
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A recent report by a Major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away.A report published by JP Morgan on Feb. 21 suggests that the finance industry is moving beyond blockchain technology.Blockchain
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