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This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles. Source: https://cointelegraph.com/rss OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch
FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades. Source: https://cointelegraph.com/rss FTX advisers sharing customers’ data with FBI: Report
The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than $1.5 million in profits. Source: https://cointelegraph.com/rss Multichain inside job? And SOL surges 80% in a month: Finance Redefined
U.S. Attorney Damian Williams called Bankman-Fried’s crimes “a multibillion-dollar scheme designed to make him the king of crypto” and one of the biggest financial frauds in American history. Source: https://cointelegraph.com/rss Sam Bankman-Fried found guilty on all 7 charges in FTX fraud trial
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token. Source: https://cointelegraph.com/rss 8M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express