Hodlnaut Fires 80% of Staff to Cut Costs

Crypto lending platform Hodlnaut has recently fired a high number of employees.

SEC and CFTC Support New Reporting Requirement for Cryptocurrency Funds

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.

Interactive Brokers Expands its Crypto Trading Offerring

Brokerage company Interactive Brokers has announced the transition of digital asset trading to 24/7 mode and the addition of additional coins.

CoinShares: Flow of Funds to Crypto Funds Has Slowed Down

The inflow of funds into crypto-based investment products for the period from July 30 to August 5 amounted to $3 million.

Revolut Intends to Expand its Crypto-centered Team by 20%

Revolut has plans to increase by 20% the number of employees involved in the crypto direction in the EU, UK and US.

Voyager Digital Will Return $270M to Clients

The US Bankruptcy Court has approved Voyager Digital’s proposal to unfreeze a crypto broker’s deposit with Metropolitan Commercial Bank to return funds to its clients.