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The crypto investment bank Galaxy Digital is expanding its European presence in London despite struggling to retain senior talent in recent months. However, Bitcoin's decentralized ethos may provide a solution for fintechs facing talent retention issues. Exodus of Senior Talent Highlights Growing Pains Galaxy Digital, founded by ex-Goldman
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The crypto winter has frozen the market, but glimpses of a thaw may foreshadow a monumental rebound. Like icicles glinting in the first light of spring, crypto's vital signs flickered this week. Bitcoin inched up 4.8% over the last 6 months. Ethereum climbed 32% year-to-date. Cardano broke
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The cryptoverse was rocked this week by the announcement that Binance.US CEO Brian Shroder is leaving the company after just 2 years. This news coincided with a massive outflow of funds from Binance, to the tune of $66 million in a single transaction. In this article, you'll
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Bitcoin and Major Cryptocurrencies Take a Dive After Fed Rate Hike Signals The crypto market stumbled on Monday as Bitcoin, Ethereum, and most major cryptocurrencies suffered significant downturns. This sell-off comes on the heels of signals from the U.S. Federal Reserve that additional interest rate hikes are on the
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The cryptocurrency market has seen six consecutive weeks of outflows totaling $9 million, according to new data from CoinShares. While bitcoin and ether saw continued outflows, some altcoins like XRP and Solana saw inflows as investors diversify into higher risk assets. Outflows Continue But Some Coins See Inflows The latest
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In a stunning turn of events, the former face and personality behind the popular YouTube channel BitBoy Crypto has raised over $150,000 in cryptocurrency donations from fans in just 3 days. Ben Armstrong, who until recently was known to his 1 million+ YouTube subscribers as BitBoy, is now preparing
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The rise of cryptocurrencies has brought with it a plague of hacks and exploits that have cost investors billions. Quantstamp CEO Richard Ma offers a sobering inside look at the limitations of security audits in an exclusive interview, explaining why an “Audited By” label offers little protection. Read on to
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Hackers Gain Access to Crypto Analytics Firm's Data, Raising Concerns The cryptocurrency world was rocked this week by news that major crypto analytics platform Nansen suffered a data breach that exposed sensitive customer information. According to the company's own admission, hackers gained access to Nansen'
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The spectacular raid of a Venezuelan maximum security prison housing 11,000 inmates this week uncovered a massive illegal Bitcoin mining operation unlike anything authorities had seen before. On Thursday September 21st, over 11,000 National Guard troops stormed the prison in Portuguesa state in search of illegal activities. What
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More crypto companies look abroad as U.S. regulators crack down The winds of governmental regulation are blowing cold and harsh against the crypto industry in the United States. While the Securities and Exchange Commission aggressively pursues enforcement actions against top players like Binance and Coinbase, lawmakers dither and delay
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A lethal combination of surging crypto adoption and lack of regulation has left investors lost in a lawless abyss as frauds run rampant across the nation. With complaints going unregistered and landmark cases yet to set precedent, has India's crypto dream turned into an unpoliced digital nightmare? India
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The notorious hacking group Lazarus Group, allegedly run by the North Korean government, currently holds cryptocurrency worth over $47 million in their linked wallets according to new data. This alarming finding once again highlights the cybersecurity risks facing the cryptocurrency industry as malicious actors seek to exploit vulnerabilities for financial
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In an unprecedented move that signals escalating oversight of the cryptocurrency industry, South Korean financial authorities are gearing up to initiate stringent eligibility reviews for major shareholders of cryptocurrency exchanges, mirroring the rigorous standards upheld within the traditional banking sector, multiple local media outlets reported late last week. The planned
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The ongoing legal battle between the SEC and leading crypto exchange Binance has reached an impasse, leaving the industry in limbo. Meanwhile, Bitcoin advocates are doubling down on claims that the NSA had a hand in creating Bitcoin. This vital news means the crypto industry's future remains uncertain
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The cryptocurrency market has been on a wild ride in recent weeks, with major coins like Bitcoin, Ethereum, and XRP seeing major price swings. This past week proved no different, with more volatility that has crypto investors on the edge of their seats. What lies ahead, and can any sense
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Ethereum co-founder Vitalik Buterin believes cryptocurrencies currently provide the greatest real-world utility in emerging economies, according to a recent interview with CNBC. While developed nations often view crypto as a speculative digital asset, Buterin claims its most meaningful use cases exist in lower-income developing countries that lack essential financial services.