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Australia’s financial regulator cancels license for FTX’s local entity

Australia’s financial regulator cancels license for FTX’s local entity

The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary — effective July 14. On July 19, the Australian Securities and Investments Commission (ASIC) announced the cancellation, before noting...

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ZkSync launches new STARK-based proof system with a focus on mass usability

ZkSync launches new STARK-based proof system with a focus on mass usability

Ethereum layer-2 scaling solution zkSync Era has launched a new Scalable Transparent Argument of Knowledge (STARK)-based proof system called Boojum that promises to run on consumer-grade general processing units (GPUs). ZkSync Era is one of a handful of Ethereum scaling protocols...

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Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin

Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin

Crypto exchange Coinbase is pausing its retail staking service in California, New Jersey, South Carolina and Wisconsin after those states said they would require changes to those services while its proceedings against such staking services move forward. Crypto staked...

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Binance Fired over 1,000 Employees in Recent Weeks: Report

Binance Fired over 1,000 Employees in Recent Weeks: Report

Binance reportedly sacked over 1,000 employees in recent weeks, further shrinking its previous 8,000-strong global workforce. The Wall Street Journal (WSJ) reported the mass retrenchment today (Friday), citing an insider source. Discover StealthEX.io – the future of cryptocurrency. Swap...

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