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🌙 DWF Labs Partner Allegedly Drugs Candidate

Bitcoin surpasses $70,000 for the first time in over four months, signaling strong market confidence.

Author

Mike Gavela
October 29, 2024

In partnership with

Crypto Roundup - October 29

A recent scandal involving DWF Labs has come to light, with an associate reportedly attempting to drug a job applicant, raising concerns over the firm’s recruitment practices. Meanwhile, ConsenSys, a prominent Ethereum-focused company, has announced layoffs, citing market downturns and reduced ETH value as factors impacting its operations. Additionally, Bhutan has reportedly liquidated 935 Bitcoin from its Bitdeer mining partnership, generating curiosity over its long-term crypto strategy.

Top Stories

  • DWF Labs associate allegedly attempted to drug a job applicant, raising ethical concerns within the firm.

  • ConsenSys announces layoffs amid declining Ethereum prices, affecting its business operations.

  • Bhutan reportedly sells 935 Bitcoin from its mining partnership, stirring speculation on its crypto stance.

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TOP STORIES

DWF Labs partner allegedly caught trying to drug job applicant

A partner at the Singapore-based crypto firm DWF Labs has been accused of spiking the drink of a potential employee at a meeting.

protos.com/dwf-labs-partner-allegedly-caught-trying-to-drug-job-applicant

Ethereum Giant Consensys Lays Off 20% of Staff Amid ETH Slump - Decrypt

Consensys will focus core offerings like crypto wallet MetaMask and Ethereum layer-2 network Linea, a spokesperson told Decrypt.

decrypt.co/288832/ethereum-giant-consensys-layoffs-eth-slump

Did Bhutan just sell 935 bitcoins from its Bitdeer mining partnership?

The coins were moved in two separate transactions of $59.2 million and $7.3 million shortly after bitcoin crept above the $70,000 threshold.

protos.com/did-bhutan-just-sell-935-bitcoins-from-its-bitdeer-mining-partnership

FUNDRAISING

DeFi Cover Provider Nexus Mutual Backs New Crypto Insurance Broker Native

Nexus Mutual is also behind a new insurance alternative on Coinbase’s L2 network called Base DeFi Pass.

www.coindesk.com/business/2024/10/29/defi-cover-provider-nexus-mutual-backs-new-crypto-insurance-broker-native

OTHER HEADLINES

Biden Thanks Nigerian President After Binance Exec Freed From Prison - Decrypt

On a call Tuesday, Joe Biden credited the leadership of President Bola Tinubu following Binance executive Tigran Gambaryan’s release from prison last week.

decrypt.co/289022/biden-thanks-nigerian-president-binance-exec

dYdX Announces 35% Employee Layoffs on Bankless

Despite an upswing in the market, some teams are struggling to stay afloat.

www.bankless.com/dydx-layoffs

VanEck begins SOL staking with Kiln partnership

VanEck will now offer regulated access to solana staking rewards on top of the price of SOL, as told to Lightspeed exclusively.

blockworks.co/news/vaneck-begins-sol-staking

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