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MEGA has cut 20% of its workforce following months of restructuring, days after the MegaETH Foundation adopted its new name and committed $30 million to products beginning with an AI inference market. Shuyao Kong, MEGA’s co-founder, disclosed the reduction in…
Israeli police have arrested five people in an investigation into suspected money laundering involving roughly 16 million shekels or about $5 million in cryptocurrency transactions, including proceeds allegedly moved into bank accounts under the cover of loans. Israel Police’s spokesperson…
Bitcoin has fallen below $70,000 on Nov. 13, with Xapo Bank CEO Seamus Rocca pointing to demand for Anthropic’s upcoming stock market listing as a source of pressure on the cryptocurrency. In comments supplied to crypto.news, Rocca said Bitcoin had…
