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The WEF's annual meeting closed with a fiery panel on the role of regulators in crypto, and more from Davos. The World Economic Forum's annual conference wrapped up Thursday in Davos, Switzerland. (Nikhilesh De/CoinDesk) DAVOS, Switzerland â The crypto worldâs efforts to showcase a stable industry in front of the worldâs elite wrapped up Thursday outside the World Economic Forumâs...
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday. DCG CEO Barry Silbert (DCG) Cryptocurrency conglomerate Digital Currency Group has informed its shareholders the firm is suspending dividends until further notice. "In response to the current market environment, DCG...
The professor said a âProgramming Bitcoinâ course will follow the first Bitcoin course, where students will learn how to âbuild a Bitcoin library from scratch.â Solana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving its email service provider Mailchimp. According to an email sent to users and seen by Cointelegraph, the Foundation...
Gemini and Genesis have been engaged in a public spat after Genesis suspended withdrawals last year. Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia) The U.S. Securities and Exchange Commission (SEC) alleged crypto exchange Gemini and crypto lender Genesis Global Capital sold unregistered securities in alawsuit filed late Thursday. The investment regulator took aim at Gemini Earn, the...
The latest strategy paper from the Central Bank of Nigeria marked the necessity to create a legal framework for stablecoins. As one of the worldâs pioneers in adopting its own central bank digital currency (CBDC), Nigeria also declares its readiness to accept the existence of private stablecoins. The necessity to create a legal framework for stablecoins is noted in the...
FTX did not hold back on company expenses in the Bahamas, according to court documents. FTXâs Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights and food in the nine months before the exchangeâs collapse, court filings have revealed. According to bankruptcy court documents reviewed by Business Insider, FTX Digital Markets went through $40 million...
The job cuts come a day after the company said it would be âreducing costs and driving efficienciesâ amid a challenging environment for crypto companies. (Genesis Trading, Modified by CoinDesk) Genesis Global Trading laid off more employees on Thursday, a spokesperson for the crypto-trading firm confirmed in a statement to CoinDesk. A person familiar with the matter said Genesis eliminated...
The Tokyo-based video game giant is already developing multiple blockchain games, highlighting an area of growth amid a brutal crypto winter. FINAL FANTASY XIV: Endwalker Patch 6.3 Screenshots. (Square Enix) Blockchain-based gaming continues to garner interest among some of the largest global gaming companies, even in the face of an extended crypto winter that has chilled many sectors of the...
El Salvadorâs position as the fourth-largest crypto ATM hub was short-lived as Australia stepped up its game over the following months. El Salvador, the first country to legalize Bitcoin, has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023. As part of El Salvadorâs drive to establish Bitcoin...
This week, an anonymous person leaked 100,000 API keys connected to the crypto trading service. FBI agent working on his computer in office (Source: domoyega) The FBI is investigating the3Commas data breach, CoinDesk has learned. The investigation comes afterweeks of criticismfrom users of the Estonia-based crypto trading service, who say its CEO repeatedly brushed off warning signs that the platform...
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