Cryptocurrency exchange KuCoin has responded to recent reports suggesting a massive layoff of its staff. The company has denied these claims while affirming its commitment to evaluating performance regularly. Accusations of an impending staff layoff at KuCoin began circulating when reporter Colin Wu shared information on Twitter. According to his sources, the company supposedly planned…

The Tezos network has seen significant growth in recent years, with various validators playing a crucial role in securing its operations. Recently, Messari data revealed that Coinbase Custody has emerged as the largest validator or “Baker” in the Tezos ecosystem, asserting control over 15% of the total validator nodes. According to the Q2 2023 report…

In the ongoing legal showdown between Ripple and the U.S. Securities and Exchange Commission (SEC), the crypto community is eagerly awaiting the SEC’s next step. The recent partial legal victory for Ripple has raised questions about what actions the SEC might take in response. Pro-crypto lawyer James Murphy has outlined four potential options that the…

In a shocking case that highlights the darker side of cryptocurrency, a Nevada woman has recently been sentenced to five years in prison for her involvement in a murder-for-hire plot. Kristy Lynn Felkins confessed to using Bitcoin on the dark web to hire a hitman to kill her ex-husband, with hopes of claiming a substantial…

EraLend, a decentralized lending protocol operating on the zkSync Layer 2, recently encountered an exploit that resulted in a loss of $3.4 million. Requiring immediate attention, the attack was promptly identified by security analysts at BlockSec, who have been actively assisting EraLend in resolving the issue and fortifying their security measures. BlockSec confirmed that the…

Bitcoin, the undisputed king of cryptocurrencies, has been experiencing an unprecedented period of price stability. As the Bitcoin price remains stagnant, the volatility in the market has dropped to its lowest levels ever, as indicated by the narrowing Bollinger Bands on the weekly timeframe. Known for its wild price fluctuations, Bitcoin has journeyed from staggering…