August 17, 2022
PrimeBlock Terminates $1.25B Merger Deal
Bitcoin miner PrimeBlock has dropped its plan of public listing via merger with blank check company 10X Capital Venture Acquisition (VCXA). According to a SEC filing, PrimeBlock and VCXA terminated their...
August 17, 2022
Genesis Cuts Staff 20% Staff as CEO Michael Moro Exits,...
In a workforce and leadership shakeup, crypto brokerage Genesis is cutting 20% of its staff as CEO Michael Moro stepped down and Chief Operating Officer Derar Islim was named interim...
August 16, 2022
Sanctions Against Crypto Mixer Raise Broader Compliance Fears
It’s not just the libertarians who are concerned about the implications of the U.S. blacklisting a crypto mixing site allegedly used by North Korean hackers. It’s the people involved in...
August 16, 2022
Today in Crypto: Crypto Nomads Move Back to Big Cities;...
As the pandemic wanes, Bloomberg reported that crypto nomads are returning to big cities like New York and London. Crypto workers have spent the last few years being able to...
August 16, 2022
Market Volatility, Souring SPAC Outlook Create Cruel Summer for Crypto...
Sometimes it’s friendly and sometimes it isn’t, but long-planned crypto mergers and SPAC acquisitions have been falling apart in the past month. Since July, five deals for crypto firms’ plans...
August 16, 2022
Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food and healthcare. This is why,...
August 15, 2022
New Fed Guidelines Seen Helping Crypto Companies Gain Access to...
The Federal Reserve announced final guidelines Monday (Aug. 15) that could pave the way for institutions holding crypto and other “new types of financial products” to gain access to so-called...
August 15, 2022
Today in Crypto: Crypto Rally Slows After Bump Over Ethereum...
Cryptocurrency values remained unchanged with the cooling of a rally in bitcoin and ether, Bloomberg wrote Monday (Aug. 15). Bitcoin was down less than 1% to around $24,250 at around...
August 15, 2022
Galaxy Digital Cancels $1.2B BitGo Acquisition
Investment firm Galaxy Digital has ended its $1.2 billion acquisition agreement with digital assets platform BitGo. Galaxy terminated the deal after BitGo missed a July 31 deadline to turn over...
