Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deterioratingmacroeconomic conditions” y el “crypto winteras some of the reasons

Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions

Según informes, 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

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

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

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 ashift in the regulatory climate” y “industry-wide capitulationsas reasons

Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan tostrengthen its positionas a domestic cryptocurrency exchange

Los despidos de Huobi generan controversia y especulación, Justin Sun afirma que todo está bien

El intercambio de criptomonedas Huobi está despidiendo 20% de sus empleados, según múltiples informes en los últimos dos días. Sin embargo, Huobi’asesor de Justin Sun, el fundador de tron, told the South China Morning Post that the layoff reports were untrue….

Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst ‘Cultural Shift’

Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst acultural shiftin the company. Mark Zuckerberg, director general de la empresa, explained this decision was made

Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments

Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the

Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam

Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to