Binance, one of the world’s leading cryptocurrency exchanges, has seen a number of key executives depart in recent weeks amid increasing regulatory scrutiny. Mayur Kamat, the head of product, has confirmed his departure after two years with the company. Kamat, who previously worked at Google and Agoda, was responsible for helping Binance grow from 80 […]
The co-founders of the blockchain gaming platform Gala Games, Wright Thurston and Eric Schiermeyer, have locked horns in court. Thurston, through his investment company True North United Investments, is accused of stealing $130 million worth of GALA tokens. Schiermeyer is suing Thurston for the return of the tokens and for him to step down from […]
Ethereum co-founder Vitalik Buterin recently sold all his MakerDAO’s MKR tokens in response to the news that MakerDAO is considering Solana for its blockchain network. Solana’s co-founder, Anatoly Yakovenko, has cautioned the blockchain community against harboring resentment towards Ethereum following recent praise from MakerDAO’s CEO, Rune Christensen. Christensen highlighted Solana’s technical prowess and optimization as […]
The National Payments Corporation of India (NPCI), an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies, is looking for a blockchain technologist to head and investigate opportunities for blockchain in current-day payment systems. The ideal candidate should have at least 6 years of experience in developing and implementing blockchain, […]
The London Stock Exchange (LSE) Group is reportedly planning to create a blockchain-based platform that will offer traditional financial assets. According to the head of capital markets Murray Roos, the company has been looking into the potential of a blockchain-based trading venue for a year and is now ready to move forward with their plans. […]
A class action lawsuit against the creators of HelbizCoin has been allowed to proceed by a United States District Court, as per a court ruling filed on Sept. 1. The lawsuit was first brought against Helbiz, its CEO Salvatore Palella, and its partners in 2020, with an amended complaint filed in March 2022. The case […]
Canaan, a Nasdaq-listed Bitcoin mining firm, reported a total revenue of $73.9 million in Q2 2023, a quarter-on-quarter climb from $55.2 million. This figure was comprised of $57.9 million in product revenue and $15.9 million in revenue generated from Bitcoin mining operations. The growth in revenue was attributed to the company’s expansion into new mining […]
Ripple has filed a motion requesting the court to deny the SEC’s certification request for an immediate appeal of a recent court ruling that went against the regulator in its case against the firm. The court ruled in July that automated open market sales of Ripple’s cryptocurrency XRP to the general public did not constitute […]
FTX, a bankrupt crypto exchange, has recently moved $10 million worth of digital assets from the Solana network to Ethereum, raising concerns that it could be the beginning of a series of token dumps. According to blockchain analytics platform Arkham Intelligence, the FTX wallet has transferred $6.23 million worth of Ether and more than $4 […]
Argo Blockchain, the leading cryptocurrency miner, has managed to reduce its debt to $75 million during the first half of 2023, a significant decrease from the $143 million it owed at the end of June 2022. The company also managed to reduce overall costs and expenses, however, revenue in H1 was significantly less than the […]
