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Movement Labs announced Wednesday that it has terminated Rushi Manche, its co-founder. Manche was at the center of controversy surrounding an undisclosed market-making deal."Movement Labs has terminated Rushi Manche," the company announced on X. "Movement will continue under different leadership."La…
Movement Labs has terminated Rushi Manche, the project's CEO and co-founder, amid a leadership overhaul following recent controversies and a Coinbase delisting announcement."Movement Labs has terminated Rushi Manche. Movement will continue under different leadership," the company announced Tuesday o…
Movement Labs confirmed the termination of its co-founder, Rushi Manche, following controversy over a market maker deal that he brokered.Movement Labs made the announcement in a May 7 X post, stating it had “terminated Rushi Manche.” The project said it “will continue under a different leadership.” …
Top Stories of The WeekBitcoin is a matter of national security Deputy CIA directorThe US Central Intelligence Agency is increasingly incorporating Bitcoin as a tool in its operations, and working with the cryptocurrency is a matter of national security, Michael Ellis, the agencys deputy director, t…
A known maximal extractable value (MEV) white hat actor intercepted about $2.6 million in crypto assets stolen from Morpho Labs’ decentralized finance (DeFi) protocol. On April 10, Morpho Labs implemented a front-end update on its Morpho Blue application. A day later, a hacker breached an address th…
LAKEWOOD, Colo., April 10, 2025 (GLOBE NEWSWIRE) — BitSaci CRYPTO GROUP LIMITED, operator of the innovative Web3-focused cryptocurrency exchange BitSaci (https://www.bitsaci.com/), today announced the official launch of BitSaci Labs. This new dedicated arm will focus on investing in and incubating…
Industry voices warned that politically endorsed cryptocurrencies must adopt stronger investor protections and liquidity safeguards to prevent another major market collapse.Investor sentiment remains shaken after the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei, suffer…
The Office of the Comptroller of the Currency (OCC) has reaffirmed that national banks and federal savings associations can engage in various cryptocurrency activities, including asset custody, stablecoin transactions and participation in distributed ledger networks.With the release of Interpretive …
The U.S. Securities and Exchange Commission has closed its investigation into prominent NFT company Yuga Labs, the firm said."After 3+ years, the SEC has officially closed its investigation into Yuga Labs. This is a huge win for NFTs and all creators pushing our ecosystem forward," Yuga Labs wrote o…
Non-fungible token (NFT) conglomerate Yuga Labs says the US Securities and Exchange Commission has closed its investigation into the company.“After 3+ years, the SEC has officially closed its investigation into Yuga Labs,” the company said in a March 3 X post. “This is a huge win for NFTs and all cr…
Today in crypto, Bybit and blockchain analytics firms have ramped up efforts to track and recover stolen funds, identifying more than 11,000 wallets linked to North Korean hackers, US spot Bitcoin ETFs notched new record outflows, and the US Securities and Exchange Commission has reportedly dropped …
The NFT brand Yuga Labs sold off the NFT collection Meebits and its related intellectual property to a firm focused on developing the Meebits brand.The IP's new owner, Meebit Company or "MeebCo," plans to creatively expand the Meebits collection, bolster community engagement and roll out new merchan…