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China Pushes Digital Yuan for Wage Payments in Changshu

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Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the…

Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

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Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, und die…

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

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Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one…

Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COO

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While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. Zusätzlich, inherent benefits associated with decentralized exchanges such as the self-custody of assets…

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager

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According to a court document filed recently in the Voyager Digital bankruptcy case, die USA. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Wertpapier- und Börsenkommission (SEK), the FTC has objected to Binance…

Die chinesischen Technologiegiganten Tencent und Bytedance planen Kürzungen in ihren Metaverse-Abteilungen

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Berichten zufolge, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended…

Meta Reportedly Preparing for a New Round of Layoffs

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Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. Berichten zufolge, the company is delaying the finalization of the budget for each one of its teams,…

Berichten zufolge schließt Microsoft die Industrial Metaverse Focused Group

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Der Softwareriese Microsoft schließt eine seiner bedeutendsten Gruppen, die sich der Entwicklung und Förderung des industriellen Metaversums widmet. Berichten zufolge, Das Unternehmen hat seine gesamte Industrial Metaverse Core-Gruppe aufgelöst, welches sich zusammensetzte aus 100 Mitarbeiter, als…

Die Republikaner im Repräsentantenhaus fordern Antworten von der SEC zur Verhaftung des FTX-Mitbegründers

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Am Feb. 10, 2023, Die Republikaner Patrick McHenry aus North Carolina und Bill Huizenga aus Michigan, beide Mitglieder der USA. Repräsentantenhaus, hat einen Brief an die Börsenaufsichtsbehörde (Securities and Exchange Commission) geschickt (SEK) Vorsitzender Gary Gensler sucht nach Antworten zur Verhaftung von…

Matrixport schließt sich der wachsenden Liste von Krypto- und Blockchain-Unternehmen an, die Mitarbeiter entlassen

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The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” und “industry-wide capitulations” as reasons…