Starlink to Block Access to X in Brazil
Starlink announced it would comply with a Brazilian court order to block access to social media platform X, despite calling the suspension “illegal” and criticizing Supreme Court Justice Alexandre de Moraes. Starlink, the satellite corporation under the control of Elon Musk, the CEO of SpaceX and the owner of X, has announced that it is […]
Matter Labs to Cut 16% of Workforce
Matter Labs, the developer of ZKsync, an Ethereum layer-2 solution, announced a major organizational reorganization and 16% layoffs. In order to better meet the changing demands of ZKsync (ZKSY) developers for support and technology, the business will be eliminating these roles. CEO Alex Gluchowski stated in a statement on X that the company’s shifting position […]
Coinbase CLO Encouraged by Harris Campaign Outreach
Coinbase CLO Paul Grewal expressed optimism about the Democratic ticket’s approach to the crypto industry in the 2024 U.S. presidential election. Paul Grewal, the chief legal officer of cryptocurrency exchange Coinbase, expressed his optimism regarding the Democratic ticket, despite the disparate strategies that the major party candidates are employing in the 2024 presidential election of […]
SEC Accuses Galois Capital of Misleading Investors
Galois Capital, a company in Florida, has accused the U.S. Securities and Exchange Commission (SEC) of grave compliance violations and investor deception. The charges center on the company’s dissemination of false information regarding redemption policies and disregard for mandatory custody procedures . According to the SEC’s decision, Galois Capital violated the Investment Advisers Act’s Custody […]
21co Rolls out Wrapped Bitcoin on Ethereum Blockchain
21.co is adding its Wrapped Bitcoin to the Ethereum blockchain, broadening the wrapped tokens selection. The parent firm of 21Shares, a provider of cryptocurrency exchange-traded products, 21.co, has announced the release of 21BTC, or wrapped bitcoin, on the Ethereum blockchain. The company claimed in a news statement on September 3 that it has partnered with […]