Analysis
Polygon exec gives insider scoop on state of crypto employment
Bhumika Srivastava, Polygon's Global Head of HR, said crypto employment is buoyant despite the downturn in prices.
Samuel Wan 6 min read
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Adoption
Ripple opens crypto hub in Toronto with intentions to employ 50 developers
Ripple has built a new office in Toronto, Canada, that will act as an engineering hub to drive crypto innovation. This new location is part of the company's global expansion.
Metaverse
Meta will grow to billions of people spending hundreds, Zuckerberg says
Mark Zuckerberg said Meta is aiming at becoming a large social platform with a solid economy, including billions of people who spend hundreds of dollars.
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Hacks
Chainalysis unveils a 24/7 hotline for victims of cryptocurrency crimes
Chainalysis response service will match crypto crime victims with a team of investigative experts to trace the funds and attempt their recovery.
Mining
Bitcoin miners are forced to sell to cover operating costs
In May, a BTC sell-off trend for its miners began as its price fell to an 18-month low. More miners are forced to sell as the Bitcoin prices continue their downtrend and the electricity fees increase.
Exchanges
Voyager Digital reduces withdrawal limits to $10,000 amid 3AC exposure risk
Voyager Digital has reduces withdrawal limits for users just hours after it was revealed they received a $200M from Alameda Ventures.
Lending
Crypto lender Maple Finance joins list of platforms facing liquidity issues
The DeFi protocol for institutional borrowers and lenders published an update saying “lenders must wait for borrower repayments.”
Exchanges
Voyager secures $200M, 15K BTC loan from Alameda Research to safeguard against 3AC default
Crypto platform Voyager has secured 15,000 BTC and $200 million in cash and USDC from Alameda Ventures to mitigate its $612 million exposure to the possibly illiquid Three Arrow Capital.
Payments
Elon Musk advances support for integrated crypto payment system on Twitter
The CEO claims the move will allow for seamless transactions between users and make Twitter an everyday necessity.
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Legal
Texas, New Jersey, Alabama and other US states have launched an investigation into Celsius Network
Rumors
More troubles for Three Arrow Capital as 8Blocks accuses it of $1M misappropriation
Enterprise
Celsius users share harrowing posts as withdrawal freeze extends to fourth day
Legal
