Everything web3, crypto, defi, degen
In brief The U.S. economy added just 22,000 jobs in August. That locks in rate cuts in the coming months, according to Grayscale’s Zach Pandl. A labor snapshot like Friday’s would typically provoke recession fears, he said. The price of Bitcoin and other cryptocurrencies seesawed on Friday as investors weighed a weaker-than-expected jobs report against…
In brief Binance has appointed SB Seker as Head of Asia-Pacific on Monday, who brings over 20 years of legal and regulatory experience. The hiring comes weeks after AUSTRAC ordered Binance Australia to undergo an independent audit, citing “serious concerns” about anti-money laundering controls vulnerable to illicit money flows. Industry experts view the appointment as…
In brief Bitcoin ended the month with a 6.47% loss, despite reaching a record high of $124,545.60. Experts are closely watching jobless claims, U.S. productivity, and the August jobs report that could influence the Fed’s September rate cut decision. A weak jobs report could counterintuitively be a positive catalyst for Bitcoin, according to experts who…
In brief Meta will restructure the Superintelligence Labs into four new AI-focused divisions. An internal memo reveals that AI chief Alexandr Wang will lead one of the new units. Zuckerberg says Meta is committed to leading in the race toward AI superintelligence. Meta is breaking up its AI Superintelligence Labs into four divisions focused on…
About the AuthorPorter Stowell is CEO of W3.io, the company building Web3’s first programmable intelligence layer. He’s held senior roles at IBM Blockchain, Coinbase, and Filecoin, where he honed his expertise across Web3 infrastructure and ecosystems. The views expressed here are his own and do not necessarily represent those of Decrypt.With the GENIUS Act now…
In brief Chapman ran a “laptop farm” from her Arizona home, hosting devices for North Korean IT workers to spoof their U.S. presence. Over 300 U.S. companies—including a major TV network and aerospace firm—were unknowingly infiltrated. Officials say the operation helped fund North Korea’s weapons program and exposed crypto firms to security risks. An Arizonan…
Every day, our dedicated security and IT teams successfully repel a wide range of attacks from various bad actors. From our years of experience, we know how vast the attack vectors of any major company are. And as we’re disclosing today, they can include unexpected areas, such as the company’s recruitment process. Our teams recently…
By Pranesh Anthapur, Kraken Chief People Officer As one of the world’s most trusted crypto platforms, we embrace innovation – not just in crypto, but also in how we manage and support our employees, Krakenites. AI is an element of our HR strategy, helping us make more data-driven decisions, enhance the candidate experience and continuously…
By Pranesh Anthapur, Kraken Chief People Officer While other companies struggle with return-to-office (RTO) mandates, it’s remote-first business as usual at Kraken. We’re building a borderless financial future in more ways than one. Our vision demands a workforce as free and flexible as the crypto we champion. We empower our employees (Krakenites) to shape their own…
By Vishnu Patankar, Kraken’s Chief Technology Officer Crypto is uniquely suited to adopt AI Our industry is known for its volatility and 24/7/365 dynamic. As anyone who’s worked in crypto knows, the bull run quickly leads to immense pressures on most core functions, such as account sign-ups, client responses and token listings. In these situations,…
