British
fintech Revolut has started allowing employees to sell shares at a
$75 billion valuation, marking a significant jump from last year's $45
billion price tag as the company weighs acquisition opportunities
in the…
In brief
Fed Vice Chair for Supervision Michelle Bowman said staff should be allowed to hold small amounts of crypto to gain practical understanding.
Her remarks emphasized blockchain’s potential to reduce friction…
The Federal Reserve’s top regulatory official says staff from the US central bank should be allowed to invest a small amount in crypto to help them understand the technology.Fed vice…
The US Securities and Exchange Commission’s latest comments on liquid staking have sparked a mix of optimism and concern, highlighting the regulatory gray area surrounding one of crypto’s fastest-growing sectors.…
Former US Securities and Exchange Commission (SEC) chief of staff Amanda Fischer drew crypto community ire after comparing liquid staking to factors that exacerbated the 2008 global financial crisis.In a…
In brief
Amanda Fischer, ex-Chief of Staff to SEC Chair Gary Gensler, compared liquid staking to the risky rehypothecation practices that helped sink Lehman Brothers.
Crypto lawyers and founders say Fischer overstates…
Eigen Labs cut its workforce by 25%, losing 29 roles, as CEO Sreeram Kannan said he restructured the company to focus on developing EigenCloud, what he called a “verifiable” alternative…
Despite Singapore tightening crypto regulations, Binance is reportedly keeping over 400 remote employees in the country. As other exchanges such as Bitget and Bybit are thinking of relocating their employees…
In brief
Altman says Meta is offering $100 million signing bonuses, plus substantial annual compensation, to attract AI researchers.
OpenAI employees opt to remain despite significant financial incentives.
The AI industry's compensation reaches…
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