Crypto.com Cuts 12% Staff for AI Pivot
Crypto.com is cutting 12% of its workforce, around 180 employees, shifting focus to AI-driven operations amid broader industry restructuring. #Update #AI
Decrypt News
Decrypt.co is a leading digital media platform founded in 2018, dedicated to bringing clarity to the complex world of cryptocurrencies, blockchain technology, and Web3. Through unbiased reporting, in-depth features, and educational guides, Decrypt empowers readers to navigate the rapidly evolving decentralized landscape with confidence. The publication’s commitment to journalistic integrity and accessible storytelling has positioned it as a trusted source for both newcomers and seasoned enthusiasts seeking to stay informed in the ever-changing realm of digital assets.
Bitcoin Scandal: $2M COVID Funds Misused
A Los Angeles rideshare driver was charged with wire fraud for allegedly obtaining $2M in COVID-19 relief loans to buy cryptocurrency; 40 BTC seized. #Breaking #Legal
Bitcoin Developers Targeted in GitHub Phishing
Attackers used fake GitHub accounts to target developers, claiming $5,000 in $CLAW tokens and directing them to a phishing site. OX Security reported no confirmed victims yet. #Update #Security
SEC Approves Nasdaq Tokenized Securities
Nasdaq receives SEC approval to trade tokenized securities, maintaining traditional settlement systems. The pilot includes Russell 1000 stocks and index ETFs. #Update #Crypto
Bitcoin Crashes Despite $1.1B ETF Inflows
Bitcoin fell 4% to $71,235 despite $1.16B inflows into U.S.-listed ETFs as traders adjust rate cut expectations amid rising oil prices and inflation concerns. #Update #Crypto $BTC
OpenAI Faces Pushback Over AI Measure
A coalition urges @OpenAI to withdraw a California AI safety ballot initiative, claiming it weakens child protections and limits legal accountability. OpenAI has paused but retains control. #Update #Legal
Algorand Cuts 25% Staff Amid Layoffs
The @AlgoFoundation laid off 25% of staff due to crypto market downturn, despite a 4.7% transaction growth last quarter. $ALGO remains significantly below its all-time high. #Update #Crypto $ALGO
S&P 500 Futures Launch on Hyperliquid
S&P Dow Jones Indices licenses S&P 500 to Trade[XYZ] for perpetual futures on Hyperliquid, marking a significant step in digital finance. #Update #Finance
Bitcoin Ethereum Waver Fed Holds Rates
The Federal Reserve maintains interest rates at 3.50%-3.75%, impacting $BTC and $ETH prices, which fell 3.6% and 5.3% respectively; geopolitical tensions add uncertainty. #Update #Crypto $BTC
Bitcoin Comedy Revisits $250 Era
Viv Ford’s new YouTube series, “The Crypto Castle,” revisits Bitcoin’s early days as a subculture in 2015, highlighting its evolution and cultural shifts. #Update #Crypto
Bitcoin ETFs: $1.2B Streak at Risk
Bitcoin spot ETFs see $1.16B inflows over seven days; FOMC meeting today could impact market. Bitcoin up 14% post-Iran attack, diverging from gold and S&P 500. #Update #Crypto $BTC
Bitcoin Depot Operations Halted in Connecticut
Connecticut suspends @BitcoinDepot’s money transfer license over fee violations and compliance failures, halting operations. The decision impacts over 1,000 transactions with $150K excess fees. #Breaking #Legal
Bitcoin Donations Ban Urged by UK Panel
A UK parliamentary committee recommends banning crypto donations to political parties, citing high risks, but experts warn it could create cybersecurity vulnerabilities. #Update #Crypto
Meta Faces Scrutiny Over Smart Glasses
Democratic senators urge @Meta to clarify facial recognition plans for smart glasses, citing privacy risks and potential misuse. Meta has not responded by the April 6 deadline. #Update #Tech