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” Crypto recruitment execs reveal the safest jobs amid layoff season “ Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe. It’s been a tough first few weeks…
” FTX: it took ‘Herculean investigative effort’ to identify $5.5B in liquid assets “ The debtors behind FTX have identified $5.5 billion in liquid assets but reported a “substantial shortfall of digital assets” at the bankrupt crypto exchange and its U.S. arm. In a Jan. 17 announcement, FTX said it had identified $1.7 billion in…
” WEF panel discusses the coming tokenized economy “ In a wide-ranging discussion, a panel of blockchain industry personalities at the World Economic Forum (WEF) concluded that the economy will become increasingly tokenized in the future. Carbon credits, housing, electricity, government bonds, foreign exchange and other real-world assets will be traded on the blockchain, according…
” Masa Finance launches soulbound Web3 identity protocol for Ethereum “ Masa Finance has launched the first soulbound identity protocol for the Ethereum mainnet, according to a Jan. 17 press release shared with Cointelegraph. The protocol will allow for standardized soulbound tokens to be minted on Ethereum for Know Your Customer verification, credit scores and…
” Hong-Kong investment fund raises $500M to push mass adoption in Web3 “ Despite the ongoing crypto winter, which has affected many businesses in the greater Web3 space, investments continue pouring into the space. On Jan. 17, the Hong Kong-based global asset manager HashKey Capital announced the closing of a $500 million investment round for…
” Africa Web3 games publisher Carry1st raises $27M “ Mobile games publisher Carry1st has closed a $27 million funding round to advance its publishing and digital content creation platform in Africa — a region its backers say is ripe for Web3 adoption. The $27 million funding round was led by Bitkraft Ventures with additional participation…
” ‘I thought SBF was the Mark Zuckerberg of crypto,’ says Anthony Scaramucci “ In a candid interview with Cointelegraph at the World Economic Forum in Davos, Anthony Scaramucci, cofounder of SkyBridge Capital, lambasted Sam Bankman-Fried and shed light on his crypto portfolio. Scaramucci trusted the former CEO, Sam Bankman-Fried (SBF) of FTX, which imploded…
” Silvergate reports $1B net loss in the fourth quarter of 2022 “ Silvergate Bank, which currently faces a class-action lawsuit over its FTX and Alameda dealings, has announced a $1 billion net loss attributable to common shareholders in the fourth quarter of 2022. In a report published by the United States Securities and Exchange…
” Troubled crypto lender Vauld gets extended creditor protection “ Embattled crypto lending platform Vauld one more time gets the period of creditor protection from a Singapore court. The company should come up with a revival plan before Feb. 28. As reported by Bloomberg on Jan. 17, Vauld has been granted more than a month…
” ‘Ninth circle of hell’ is reserved for SBF for his betrayal: Scaramucci “ SkyBridge Capital managing partner Anthony Scaramucci has opened up about the “betrayal” he felt over the actions of FTX founder Sam Bankman-Fried, who he said he once considered a “friend.” Speaking at Casper Lab’s Blockchain Hub event in Davos, Switzerland on…