Hodlnaut Fires 80% of Staff to Cut Costs
Crypto lending platform Hodlnaut has recently fired a high number of employees.
Crypto lending platform Hodlnaut has recently fired a high number of employees.
Venture capital company Lightspeed Venture Partners has just led €12.5 million Series A funding round for startup Unstoppable Finance.
The CFTC has approved a joint rule with the SEC that will oblige hedge funds with more than $500M in AUM to report risks associated with cryptocurrencies.
Law firm Moskowitz has filed a civil lawsuit against Mark Cuban for reportedly promoting unregulated Voyager crypto products and participating in a Ponzi scheme.
Cross-chain bridge RenBridge has been used by criminals to launder over half a billion dollars.
The fall of the crypto market had a negative impact on the financial performance of US-based cryptocurrency exchange Coinbase.
Mining pools sold 3,767 BTC in July, whereas during the same month they mined 3,470 coins.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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