Robinhood Implements Workforce Restructuring, Cuts 7% of Staff to Enhance Operational Efficiency
Due to declining customer engagement, Robinhood will fire about 7% of its full-time employees.
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HSBC Launches Bitcoin and Ethereum ETF Trading in Hong Kong: Reports
HSBC is said to have launched its first regional cryptocurrency services.
Haru Invest Executives Grounded in South Korea Amid Fraud Suspicions, Users Lose $79 Million
A group of victims impacted by the abrupt halt of withdrawals from Haru Invest are being approved for compensation.
Hermès Request to Halt All ‘MetaBirkin’ NFT Sales was Granted by US Judge
The US judge has permanently banned all "MetaBirkin" NFT sales, giving French luxury fashion giant Hermès another victory.
British Hacker Receives 5 Years Prison Sentence for Crypto Theft and SIM Swapping
Joseph O'Connor received a five-year prison term in the United States for participating in the April 2019 SIM swap assault.
US District Court Denies Sam Bankman-Fried’s Subpoena Request in Criminal Defense
SBF attempted to use the legal firm Fenwick & West as evidence in his criminal defense, but the request was turned down.
Mercado Bitcoin Joins Brazil’s CBDC Pilot as Authorized Crypto Exchange
Mercado Bitcoin has been granted permission by Brazil's central bank to participate in the pilot program for the digital real.
FTX Sues Investment Firm Linked to Hillary Clinton in $700M Lawsuit
Insolvent cryptocurrency exchange FTX filed a lawsuit with the court for $700 million from Michael Kives.
SEC Grants Priority Repayment to BlockFi Customers Over $30.2M Fine Collection
The SEC will delay collecting the $30.2 million fine that is due from bankrupt crypto lender BlockFi.
BitGo Abandons Acquisition of Prime Trust
BitGo withdrew from its tentative agreement to buy Prime Trust.