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Category: Crypto.com

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Crypto Firms Cut Jobs Amid AI Integration And Market Pressures – Details

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In a disturbing development, major crypto firms are actively downsizing their workforce, citing an aggressive artificial integration wave. Unlike the brutal 2022-2023 crypto winter triggered by collapses like FTX, this set of layoffs appears more strategic, aimed at combining efficiency gains from AI with ongoing broader market challenges. Related Reading: Gemini, Winklevoss Twins Hit With […]
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Tennessee Regulator Sends Cease-And-Desist Letters To Polymarket, Kalshi, Crypto.com — Details

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Tennessee’s sports betting regulator has ordered Polymarket, Kalshi, and Crypto.com to cease offering sports betting contracts, bringing focus to the regulatory landscape of event contract exchanges. The agency accused the three major prediction market platforms of violating state gambling laws by operating in Tennessee without the required licenses. Polymarket, Others Threatened With Fines For Offering […]