Decrypt
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Robinhood to Lay Off 9% of Employees as Growth Slows
Robinhood CEO Vlad Tenev announced that several hundred people are being let go. But the trading firm is still hiring for numerous crypto roles.
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CleanSpark Borrows Against Bitcoin Mining Rigs to Get $35M for More Mining Rigs
The Las Vegas-based company and other Bitcoin miners like RIOT Blockchain, HIVE, and Bitfarms have had a rough start to 2022.
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0x Labs Raises $70M in Series B Round Led by Greylock
Others participating in the round included Coinbase, Pantera Capital, and OpenSea.
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Fort Worth Passes Vote for City Government to Mine Bitcoin
Three ASIC Antminer S9 rigs, donated by the Texas Blockchain Council, will run on a private network at Fort Worth City Hall.
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GamerGains Gets $5.8 Million for Solana Play-and-Earn Platform Supporting Web2 Games
Cadenza Ventures led the round, joined by FTX, Winklevoss Capital, BlockFi, Tiger Global, Alumni Ventures, Lightbank, and others.
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Crypto Is No Way to ‘Opt Out of Inflation:’ Bank of Canada
Canada’s central bank doesn’t see cryptocurrencies like Bitcoin replacing the Canadian dollar any time soon.
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Fidelity to Let Workers Save 20% of Retirement in Bitcoin
Financial services giant Fidelity Investments will allow investors to diversify their 401(k) savings accounts with Bitcoin.
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Decentralized Twitter Project Bluesky Says It's Unaffected by Elon Musk Purchase
Bluesky is a Twitter-backed project to "develop an open and decentralized standard for social media." But it's independent of the company.
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SEC Adds 'Misleading' Crypto Firms to Public Alert List
"SuperBinance," "BTC Investments," "Bitpayfxpro," and other companies have been the subject of consumer complaints, according to the SEC.
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Dogecoin Soars 26% After Twitter Accepts $44 Billion Bid From Elon Musk
“Twitter has tremendous potential—I look forward to working with the company and the community of users to unlock it,” Musk said.
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Twitter Accepts Elon Musk's $44 Billion Takeover Bid
Tesla and SpaceX CEO Elon Musk is about to take over another company: Twitter.
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Bored Ape Yacht Club Instagram Hacked, $2.8M in Ethereum NFTs Stolen
The NFT project’s official Instagram account was compromised, and users who fell for the scam had their NFTs stolen.
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What is Ethereum (ETH)? A Beginner's Guide to the Smart Contract Blockchain
Created by Vitalik Buterin, Ethereum is a cryptocurrency that allows smart contracts and decentralized applications (dapps) to operate on its network.
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Dogecoin Surges on Reports Twitter Will Reconsider Elon Musk Buyout Offer
New reports suggest Elon Musk will acquire Twitter for $43 billion in cash. Following these reports, Dogecoin has since rallied.
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Zilliqa, NEAR Protocol Suffer Double-Digit Losses as Crypto Market Dips
As the broader cryptocurrency market bleeds red, several Layer-1 coins, like Zilliqa and Near, are facing significant losses.