Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
Everclear achieved $500 million in monthly volume, but "never developed the commercial depth," the team said on Thursday.
Syndicate Labs said that the $330,000 exploit last month is unrelated to the decision to wind down operations.
The Blocknative website now returns a post noting that the firm is “now in the process of ceasing operations."
Bitcoin Depot said changing regulatory environments have made it difficult to continue its current business model.
Dune CEO Fredrik Haga said the firm "let 25% of the team go this week" on X, in part citing its heavy investment in AI-powered tools.
Bitcoin Ordinals browser Ord.io and its associated consumer app Zap will shut down on June 1, according to announcements published on X.
StarkWare is cutting staff and restructuring under two units as CEO Eli Ben-Sasson says the firm is "simply too big" to move fast.
Standard Chartered reportedly plans to integrate Zodia Custody's crypto custody business into its corporate bank division
After the collapse of Terra, Leap Wallet pivoted to provide support for the wider multi-chain Cosmos ecosystem.
Ahmad had led the firm since its founding in 2021, when it launched as a joint partnership between SC Ventures and OSL Group.
Bitcoin Depot names Alex Holmes CEO as Scott Buchanan resigns, and signals 30%-40% revenue drop amid regulatory pressures.
Crypto.com cut 12% of its staff, or about 180 roles based on a prior headcount, as CEO Kris Marszalek pointed to an AI integration shift.
The non-profit Algorand Foundation is the latest to cut staff amid rising macro uncertainty, crypto market stagnation, and the rise of AI.
The Tally team has already begun working with enterprise clients to create continuation plans as it begins shutting down.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Several other crypto companies have recently conducted layoffs, including OP Labs, Block Inc., and Gemini exchange.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
OP Labs CEO and Optimism co-founder Jing Wang clarified that the layoffs were not driven by financial difficulties.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
ETHZilla’s ETH holdings have shrunk after multiple sales, including $40 million in October and $74.5 million in December.
The onchain analytics startup, launched in early 2021, raised a $1.25 million seed round and a $4 million seed extension.
Starboard argues Riot’s Texas power assets position the company to secure large AI data center tenants if management accelerates deal execution.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The update formalizes Figure’s role as the primary operator behind Provenance as it increases support for onchain equities and other RWAs.
Bakkt is continuing its strategic pivot to provide “B2B2C” turnkey operator services through a stablecoin infrastructure acquisition.
Yi He will lead the company alongside previous solo CEO Richard Teng, the exec announced during Binance Blockchain Week.
Ryan Navi, who previously served at ParaFi Capital as managing director and head of venture, will lead Forward's SOL treasury strategy.
Blockchain.com, one of the oldest surviving crypto companies, has appointed a new co-CEO to run its U.S. wing.
Singapore’s High Court has given the green light to a restructuring plan for crypto exchange WazirX, clearing a major obstacle in the company’s effort to repay users after last year’s large theft. Related Reading: ‘BNB Isn’t Crumbling’: CZ Slams Critics Stirring Fear And Doubt According to reports, the court’s approval on October 13 allows the exchange to move ahead with a court-supervised recovery process tied to the $234 million hack that hit the platform in July 2024. Creditor Vote And Numbers Based on reports from the company, the revised plan won broad backing from affected account holders. In an August revote, 95.7% of participating scheme creditors voted in favor, and those votes came from 143,190 participating creditors representing about $196 million in approved claims. The strong turnout and result were used by WazirX to press its case to the Singapore court. Thank you to everyone who supported this difficult phase of WazirX. The Singapore High Court has approved the scheme. Its your support and love that has made this possible ❤️ Now we set out on the next phase to work hard and create value for everyone. We’re here because of YOU… — Nischal (Shardeum) ???? (@NischalShetty) October 13, 2025 The hack itself exploited a Safe Multisig wallet in mid-July 2024 and drained a large pool of user funds. Investigations and media accounts linked the breach to advanced cyber operators, and the theft forced WazirX to freeze both crypto and rupee withdrawals while legal options were explored. What Users Will Receive According to several outlets, users may recover a substantial portion of lost funds under the approved plan. Reports have said recoveries could reach up to 55% of the losses, delivered as a mix of immediate liquid payments and so-called Recovery Tokens that represent remaining claims to be fulfilled over time. WazirX has said the first wave of payouts — in stablecoin or USDT equivalent — would follow once the scheme takes effect. That mix means some users will get cash-equivalent payments quickly while others will hold tokens that the company intends to redeem as it regains assets or generates revenue. The plan shifts part of the repayment responsibility to entities inside India to comply with local rules, a change that was highlighted during court rounds. The road to approval was not straight. The Singapore court had earlier rejected a first version of the scheme after judges raised questions over the plan’s structure and oversight. That decision forced WazirX and its advisers to rework the proposal and secure a fresh vote from creditors before returning to court. Related Reading: XRP Traders Face Fresh Selling Pressure As Large Holders Move Out Next Steps And Timeline If the scheme becomes effective under the court’s timetable, WazirX says distributions of available liquid assets will begin within 10 business days. That window is expected to trigger the initial USDT transfers while RTs are recorded for the remainder of approved claims. The exchange will still need to finish legal formalities and coordinate with payment processors and regulators. Featured image from Pixabay, chart from TradingView