Cryptocurrency
Crypto.com cuts 12% of staff as it integrates AI across the business for efficiency
The exchange laid off about 180 employees as it restructures and rolls out enterprise-wide AI to drive efficiencies.
Citi and Morgan Stanley expand bitcoin and crypto custody, trading and tokenization efforts
As Citi plans to integrate Bitcoin into bank-grade custody and reporting frameworks, Morgan Stanley moves to bring crypto trading, lending exploration and tokenized products to mainstream wealth clients.
IoTeX offers cross-bridge hackers 10% bounty if they return $4.4 million within 48 hours
Raullen Chai, IoTeX co-founder and CEO, told CoinDesk he would not press charges if the stolen assets or its equivalent is returned within 48 hours.
Nomura defends crypto strategy as it limits short-term volatility at Laser Digital
The Japanese bank said tighter positions and risk limits at Laser Digital are designed to reduce short-term volatility, not signal a pullback from crypto.
Nomura to tighten risk controls at Laser Digital after crypto-related losses
Nomura CEO Hiroyuki Moriuchi said that the company introduced stricter position management to reduce risk exposure and limit earnings fluctuations from crypto market swings.
U.S. government seizes $400 million Helix allegedly made from drug-linked transactions
The Department of Justice said it now holds legal title over crypto, real estate and monetary assets tied to darknet mixing service, Helix
SEC chair says 'time is right' for pension funds to include crypto, CFTC head says digital assets set to flourish
SEC Chair Paul Atkins and CFTC Chair Mike Selig said they are working with the Senate to get a crypto market structure bill over the line.
Wall Street giants push back on exemptions for tokenized securities in SEC meeting
Executives and industry groups pressed regulators to apply traditional securities rules to blockchain-based trading, pushing back on exemptions even as DeFi enters the debate.
UK banks’ anti-crypto stance intensifies even as regulatory process moves forward
A crypto lobby group said it found "increased hostility" from British banks, casting a shadow over the global cryptocurrency leadership the country said it is vying for.
U.S. Marshals investigate claims that son of government contractor stole $40 million of seized crypto
The threat actor was captured on video flaunting millions in crypto allegedly siphoned from U.S. government seizure addresses, later traced back by ZachXBT.
