Huobi Global announces layoffs of 20% of staff amid crypto market volatility

Reuters reports that cryptocurrency exchange Huobi Global plans to fire 20% of its 1,100 workers as a result of the prolonged “bear market.” Huobi has seen an increase in withdrawals...
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Why the US Securities Commission Is Objecting To Binance’s Buy-out Offer Of Voyager Digital

The United States Securities and Exchange Commission (SEC) has objected to plans by Binance US to acquire the assets of the now-collapsed cryptocurrency exchange, Voyager Digital.   The takeover, earlier...
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Ex-FTX CEO Pleads Not Guilty To Fraud

Ex- CEO of now collapsed cryptocurrency exchange, FTX, Sam Bankman-Fried has pleaded not guilty to charges of fraud levied against him. Bankman-Fried who denied the charges when he appeared in...
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Sam Bankman-Fried enters not guilty plea for all counts in federal court

Sam Bankman-Fried, the former CEO of FTX, has entered a not guilty plea to all federal charges stemming from the collapse of the cryptocurrency exchange, including wire fraud, securities fraud,...
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US Feds create ‘FTX task force’ to recover stolen user funds

The FTX Task Force was established by the United States Attorney’s Office for the Southern District of New York (SDNY) to “track and recover” lost customer funds as well as...
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Fintech Emerges as Kenya’s Most Prevalent Tech Startup Sub-Sector

According to a recent report by Disrupt Africa, a local media and information platform focused on the continent’s tech startup ecosystem, fintech has become the most common tech startup sub-sector...
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Ukrainian pharmacies enable crypto payments via Binance Pay

Pharmacies in Ukraine are embracing digital payments in the midst of the current conflict, with one significant local pharmacy chain accepting payments in cryptocurrencies like Bitcoin. One of the largest...
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Sam Bankman-Fried to reportedly plead not guilty to criminal charges

Sam Bankman-Fried (SBF), the former CEO of FTX, is now out on a $250 million bail bond and is expected to enter a not guilty plea on January 3 in...
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South African-based blockchain startup Centbee closes $1 million in Series A led by Ayre Ventures

Ayre Ventures, a business started by entrepreneur Calvin Ayre, led Centbee’s $1 million pre-Series A fundraising round. Centbee is a blockchain payments platform. Co-CEOs Lorien Gamaroff and Angus Brown established...
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Coinbase launches asset recovery tool for unsupported Ethereum-based tokens

According to a report by TechCrunch, Coinbase, the second-largest cryptocurrency exchange in the world, has introduced a new tool to assist its users with recovering more than 4,000 unsupported ERC-20...
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