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Crypto

Coinbase Lays off 950 Employees Amid Crypto Market Downturn

Coinbase announced to lay off 13% of its workforce, approximately 950 employees due to the market downturn, and the need to lower costs. Coinbase, one...
Crypto

CFTC sues trader for $114M crypto scam via Mango Markets

CFTC filed a lawsuit against Avraham Eisenberg for defrauding investors of $114 million in a crypto swaps scam through his company, Mango Markets. The Commodity...
Adoption

Hong Kong to set itself as a crypto hub despite industry crisis

Despite the current challenges facing the cryptocurrency industry, Hong Kong has announced its intention to become a hub for the industry by providing a...
Adoption

French Central Bank Governor Backs Licensing for Crypto Firms to Protect Consumers

The governor of the French central bank, Francois Villeroy de Galhau, has voiced his support for licensing cryptocurrency firms in the country to regulate...
Africa

CBK Forms Joint Taskforce to Push for Crypto Regulation

The CBK and other entities in the financial sector form a joint taskforce to advise the Treasury CS on crypto regulation as MPs seek...
Crypto

Senator Warren Introduces Bill to Combat Illicit Crypto Transactions

Senator Warren releases a new crypto bill alongside Roger Marshall to combat crypto crime. However, the new regulations are more against crypto progress. What...
Crypto

Elon Musk Predicts a Recession if the Fed Upholds its Monetary Policy

Techpreneur and billionaire Elon Musk predicted a possible recession if the Federal Reserve does not review its monetary policy. Tesla CEO and billionaire Elon Musk...
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Cryptorrence covers Crypto, Defi, NFTs, fintech, blockchain, and more, bringing you the latest news and analyses on the future of money.

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