Tag: operations

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Enterprise blockchain is transforming business operations and reducing costs: Web3 exec

Enterprise blockchain is transforming business operations and reducing costs: Web3 exec

Blockchain technology is often a valuable tool in solving various business challenges due to its ability to create secure, trusted, and transparent da [...]
Hedge fund closes operations after losing funds in FTX exchange: Report

Hedge fund closes operations after losing funds in FTX exchange: Report

Hedge fund Galois Capital, one of the victims of the FTX collapse, has thrown in the towel after half of its assets got trapped in the bankrupt exchan [...]
Bitcoin Drops Below $22K as Kraken Agreement to Close Crypto Staking Operations Spooks Investors

Bitcoin Drops Below $22K as Kraken Agreement to Close Crypto Staking Operations Spooks Investors

“It remains to be seen if these rumors are true, but what is clear is it would be a huge mistake from a US perspective, as it would result in the rest [...]
Kraken Agreed to Shutter Crypto-Staking Operations to Settle SEC Charges: Source

Kraken Agreed to Shutter Crypto-Staking Operations to Settle SEC Charges: Source

The SEC will discuss and vote on the settlement during a closed door commissioner meeting on Thursday afternoon, and an announcement may come later in [...]
Forex Shortages Choke Econet Operations

Forex Shortages Choke Econet Operations

Telecommunications giant, Econet Wireless Zimbabwe says the shortage of foreign currency on the market has adversely affected its capacity to service [...]
Crypto Lender SALT Raises $64.4M to Resume Operations

Crypto Lender SALT Raises $64.4M to Resume Operations

“Crypto faced a perfect winter storm in 2022, taking with it significant industry participants like Terraform Labs, Voyager Digital, Celsius Network, [...]
Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report

Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report

Anton Shkurenko, whose co-founder Anatoly Legkodymov was arrested in the law enforcement operation along with several other Bitzlato executives, said [...]
Crypto Custodian Prime Trust to Cease Operations in Texas at End of January

Crypto Custodian Prime Trust to Cease Operations in Texas at End of January

The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly." www.coindesk.com [...]
Senior ISIS Leader in Somalia Killed in U.S. Special Operations Raid

Senior ISIS Leader in Somalia Killed in U.S. Special Operations Raid

No civilians or Americans were killed or injured in the operation, officials said. www.nytimes.com [...]
Smart contracts to power day-to-day Web3 company operations

Smart contracts to power day-to-day Web3 company operations

Web3 firm MetisDAO Foundation launched Koris, a smart contract-based platform that allows decentralized organizations to operate and manage communitie [...]
Blockstream raises $125M to finance expanded Bitcoin mining operations

Blockstream raises $125M to finance expanded Bitcoin mining operations

Digital asset infrastructure company Blockstream has raised $125 million to finance its Bitcoin (BTC) mining colocation services, underscoring heighte [...]
Bitcoin miner CleanSpark expands operations in Georgia

Bitcoin miner CleanSpark expands operations in Georgia

Bitcoin (BTC) miner CleanSpark is expanding operations in the state of Georgia, adding to its mining capacity despite the ongoing bear market. Groundb [...]
Coinbase Confirms it is Halting Operations in Japan

Coinbase Confirms it is Halting Operations in Japan

Customers have until Feb. 16 to withdraw their fiat and crypto holdings from the exchange. www.coindesk.com [...]
Coinbase stops Japan operations amid trading slump

Coinbase stops Japan operations amid trading slump

Despite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange t [...]
Coinbase to close majority of Japan operations following global layoffs: Report

Coinbase to close majority of Japan operations following global layoffs: Report

Crypto exchange Coinbase will be closing down most of its operations in Japan as part of its efforts to survive in the bear market. The move is part o [...]
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