Decrypt

Crypto Exchange Kraken Cuts Staff in Move to Be ‘Leaner and Faster’

American crypto exchange Kraken has hired a new co-CEO, but also revealed layoffs in a move to become "leaner," the firm said.Source link

Leveraged MicroStrategy ETFs Are Surging as Bitcoin Nears All-Time High

Competition is growing between risky, leveraged ETFs built around MicroStrategy stock, with both MSTR and Bitcoin pumping in value.Source link

FTX CEO Makes Last-Minute Plea for Leniency in Nishad Singh Sentencing

John Ray laid out the importance of Nishad Singh’s future cooperation to FTX’s bankruptcy, hours before the crypto executive's sentencing.Source link

Reddit Dumped Most of Its Bitcoin Well Before ‘Uptober’ Pump

Social media giant Reddit once described digital assets as a new frontier—but now has put up a border around them for its balance sheet.Source link

African Telegram Crypto Communities Have Grown 183% Since 2023: Bitget

Crypto projects have many potential benefits for users in Sub-Saharan Africa, but this hasn’t prevented government opposition in countries like Nigeria.Source link