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

European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space

Europa’s banking sector regulator is worried it wont manage to find the specialized personnel needed for the oversight of the EUs attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets

Crypto Lending Company Blockfi Cuts Staff by 20%

Los lunes, the cryptocurrency lending company Blockfi announced thatmarket conditionshave had anegative impacton the firms business and it will be laying offroughly 20%of its staff. The message written by Blockfi co-founders Zac Prince and Flori