Temasek Works With FTX In Liquidity Crisis
Singapore’s Temasek made investments in several of FTX‘s round discoveries, which helped to raise its January $32 billion valuation. Temasek, a shareholder in FTX and a state-owned investment company in Singapore, is apparently working with the cryptocurrency exchange to address the liquidity crisis that resulted in the unanticipated (and ongoing) bail out on November 8. […]
Meta Fires Over 11,000 Employees
In the first mass layoff in the company’s history, Facebook parent company, Meta declared it will fire roughly 13% of its present workers. The first big layoff in the history of Facebook’s parent company, Meta, revealed that roughly 13% of its present personnel had been eliminated. CEO of Meta Mark Zuckerberg wrote a message to […]
TRM Labs Raises $70M In Expanded Series B Round
The expansion round, which TRM labs raised an additional $130 million, was spearheaded by the private equity company Thoma Bravo. TRM Labs, a blockchain-based intelligence firm, revealed on Nov. 9 that it has increased the size of its Series B investment round by $70 million, bringing the total raised to $130 million. Thoma Bravo, a […]
MetaMask Enables Transfer Of Tokens To Various Blockchains
According to a MetaMask executive, Bitcoin integration is not currently planned for blockchain bridge support via MetaMask Bridges. ConsenSys, a provider of blockchain software technology, has added a new feature to the MetaMask wallet as part of its ongoing efforts to increase blockchain interoperability. As of Nov. 9, the cryptocurrency wallet users can now connect […]
Stefan Berger Explains Reason Behind MiCA Voting Delay
One of the causes of the MiCA voting delay is “the enormous amount of work for the lawyer linguists, given the length of the legal text.” Stefan Berger thinks it is a technical need that the Plenary vote for the historic pan-European crypto law, Markets in Crypto Assets (MiCA), has been moved from the end […]