Near Project’s Octopus Network lays off 40% of its staff amid crypto winter
The remaining workforce is also expected to take 20% pay cuts, the project’s founder said. Go to Source Powered by WPeMatico
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Italy and Albania Bust €15 Million Crypto Investment Scam
Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the two countries searched a dozen locations and seized assets and computer equipment. Fraudsters Contacted Investors From a Call Center in Tirana, Albania Law enforcement officers in Italy … Read more
Crypto exchange Bullish announces termination of SPAC deal, citing SEC practices
Bullish said it had reached a mutual agreement with Far Peak Acquisition to no longer merge in a deal for a listing on the New York Stock Exchange. Go to Source Powered by WPeMatico
Still bullish: 40% of survey respondents plan to buy crypto in 2023
Despite a challenging year for the crypto industry, nearly 40% of respondents indicated a plan to purchase cryptocurrencies like Bitcoin in 2023. Go to Source Powered by WPeMatico
U.K. includes crypto investments under the Investment Manager Exemption
The measure should help British funds dealing with foreign investors adopt digital assets in their portfolios. Go to Source Powered by WPeMatico
Auros Global expects to resume regular operations following restructuring plan
The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse. Go to Source Powered by WPeMatico
Blockchain VC funding surpasses 2021 total despite declining since May
After a tumultuous year in crypto, investors are now more selective with their funding. Go to Source Powered by WPeMatico
Animoca Brands is the most funded metaverse developer in 2022: Nasdaq
New data from Nasdaq research revealed that over the last investors were keener to back late-stage industry leaders such as Animoca Brands compared to early-stage startups. Go to Source Powered by WPeMatico
Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report
Lord Johnson of Marylebone reportedly took up a role on the U.K. advisory board of one of Binance’s subsidiaries in September. Go to Source Powered by WPeMatico
SBF prosecutors reportedly dig into donations made to top US Democrats
Democratic members from the DNC, the DCCC and Congressman Hakeem Jeffries were contacted by SBF prosecutors for information to aid their ongoing investigations. Go to Source Powered by WPeMatico