Robinhood Trims Headcount by 10% Amid Crypto Revenue Crunch
Robinhood is letting go of 10% of its employees, attempting to streamline operations amid a downturn in crypto-related revenue.
Standard Chartered Crypto Prediction: $40K ETH, $500K BTC, and $100 UNI
Standard Chartered just reaffirmed its crypto prediction with 2030 bombastic targets. Bitcoin at $500,000, Ethereum at $40,000, and unexpectedly Uniswap at $100. ETH is currently trading near $1,800, while BTC sits above $66,000. Uniswap is at $3 after a…
Ethereum News: Arthur Hayes Buys $5.4M in ETH After Iran Peace Deal
Ethereum News: A wallet linked to Arthur Hayes received 3,000 ETH worth $5.42 million from market maker Flowdesk on June 15, according to on-chain tracker Lookonchain, as Ethereum surged nearly 6% following the announcement of a U.S.–Iran peace…
Benchmark says SEC's NMS proposal is the 'most consequential' US crypto rule this year
Benchmark said the SEC's proposal last week to rescind Rules 611 and 610(e) is the year's "most consequential" US crypto rule.
Ethereum Quantum-Proof Account Proposal Could Make Wallet Protection Cheap
An Ethereum researcher has proposed an opt-in route for quantum-resistant smart accounts using account abstraction.
Charles Hoskinson Stands On $70M BTC Payment From 2016 Manx Entity: Critics Want the Paper Trail
Cardano News: Charles Hoskinson is defending a 1,096 BTC allocation from Cardano’s early foundation structure, an amount worth roughly $454,000 when it was moved in March 2016 and approximately $70 million at current prices. Hoskinson, speaking in…
CLARITY Act July 4 Deadline Dead as Ethics and Section 604 Talks Collapse
Bipartisan negotiations on the CLARITY Act fractured on two fronts simultaneously last week. A closed-door ethics session collapsed Tuesday without agreement, and a White House-convened law enforcement meeting on Section 604 ended Wednesday with no…
Kraken launches crypto perps trading in the US on Kraken Pro
Kraken completed its acquisition of the fully CFTC-licensed exchange, clearinghouse, and brokerage Bitnomial in May.
Token Of Power Governance Exploit Drains $1.58 Million In WETH, TRM Says
TRM Labs says Token of Power was exploited for roughly $1.58 million in WETH.