Finance

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BlockFills files for Chapter 11 bankruptcy after suspending withdrawals and deposits

BlockFills Files for Chapter 11 Bankruptcy Following Trading Halt In a significant development for the cryptocurrency industry, BlockFills, a prominent crypto trading platform and lender,...

Elon Musk removes more xAI founders during restructuring ahead of potential IPO

Elon Musk is orchestrating a significant leadership shakeup at xAI, with additional co-founders and employees departing as the artificial intelligence...
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Ex-JP Morgan and Dresdner Kleinwort traders launch crypto prop platform

Velotrade Launches Performance-Driven Crypto Proprietary Trading Platform A new entrant is shaking up the crypto proprietary trading landscape. Velotrade, a Hong Kong-based firm founded by...

OP Labs cuts 20 employees as Ethereum L2 developer narrows strategic focus

OP Labs Restructures, Laying Off 20 Employees to Sharpen Focus In a strategic move to enhance agility, OP Labs—the core development team behind the Optimism...
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Ripple Labs launches $750M share buyback, valuing firm at $50B

Ripple Labs Launches $750 Million Share Buyback, Valuation Soars to $50 Billion In a significant move that underscores its financial resilience and strategic ambition, Ripple...

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