Intuit lays off 10% of staff to focus on AI

The prices of gold, silver, and Bitcoin (BTC) are all rallying in tandem, as various macro factors boost alternative assets. As gold rose to a new all-time high at $2,055, BTC rallied to $11,715 on the day, recording a 4.28% increase.Gold-USD. Monthly chart. Source: TradingView.comAs the three assets see stronger momentum altogether, there are three…

Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in. 349 Total views 2 Total shares The Financial Services Agency, or FSA, of Japan has requested FTX Japan suspend business orders, citing the…

The police of Pune, a city in the western Indian state of Maharashtra, have sought a court's directive to transfer 85 million Rupees seized from a Bitcoin (BTC) ponzi scheme last year.$1.2 million frozen In an Oct. 3 article by the Times of India, Pune cyber police explained that the value of 244 cryptocurrency units (worth…

On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse. 232 Total views 3 Total shares Blockchain analytics carried out by a Nansen researcher has highlighted outflows of Ether (ETH) and stablecoins from centralized exchanges in the wake of FTX’s collapse.Nansen research analyst Sandra Leow…

The United States Securities and Exchange Commission (SEC) has sued Canadian startup Kik for an unregistered $100 million token offering, the regulator officially announced on June 4.According to the SEC’s complaint, Kik violated the registration requirements of Section 5 of the Securities Act of 1933. The agency is seeking a permanent injunction, disgorgement plus interest,…

Blockchain trust company Paxos’ digital token backed by precious metals will be launched "definitely this year," said Paxos CEO, Chad Cascarilla in an interview with Fortune’s Balancing the Ledger on March 11.During the interview, Cascarilla was asked whether Paxos is working on a gold-backed coin, wherein he replied that “it is something we will see…

A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate 2169 Total views 13 Total shares A bill proposed by Australian lawmakers to ban the use of cash for transactions over $10,000 has been killed by a unanimous Senate vote. One Nation Senator Malcolm Roberts…