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Economy

FTX Settles $24 Billion Tax Claim with IRS in Bankruptcy Court

FTX has reached an agreement with the IRS to settle a $24 billion tax claim. As part of the ongoing bankruptcy process, FTX will pay the IRS $200 million as

By William 1 Min Read

Paxos Implements Workforce Reduction Despite Healthy Financials

Stablecoin issuer Paxos has made the difficult decision to reduce its workforce by approximately 20%, despite maintaining a strong financial position. In an email obtained by The Block, Paxos co-founder

By William 2 Min Read
Saudi Arabia becomes part of a trial for central bank digital currency led by BIS

Saudi Arabia has joined a significant central bank digital currency trial led

2 Min Read
Paxos Implements Workforce Reduction Despite Healthy Financials

Stablecoin issuer Paxos has made the difficult decision to reduce its workforce

2 Min Read

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Oponion

Arbitrum DAO approves proposal to activate token staking

The Arbitrum decentralized autonomous organization has given its approval to

Kazakhstan Announced That It Blocked Bitcoin Exchange Coinbase

As per a post by Chinese

May Sees a 46% Drop in Bitcoin Miner Revenue

Bitcoin miners experienced a sharp revenue

Nansen Launches New Tool: Unveiling Real-Time Insights into Crypto Investment Performance”

Nansen, a leading on-chain analytics platform,

The Latest

Paxos Implements Workforce Reduction Despite Healthy Financials

Stablecoin issuer Paxos has made the difficult decision to reduce its workforce by approximately 20%, despite maintaining a strong financial

2 Min Read

Saudi Arabia becomes part of a trial for central bank digital currency led by BIS

Saudi Arabia has joined a significant central bank digital currency trial led by BIS, signaling a potential shift away from

2 Min Read