China Pushes Digital Yuan for Wage Payments in Changshu

Changshu, a city in China with more than 1.5 million inhabitants, will pay public workerswages 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

Tere tulemast Latam Insightsi, kokkuvõte viimase nädala kõige olulisematest krüpto- ja majandusarengu uudistest Ladina-Ameerikast. Selles numbris: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, ja…

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

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 isone

Uuendused aitavad oluliselt vähendada lõhet detsentraliseeritud ja tsentraliseeritud börside vahel – Dexalot COO

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. Lisaks, inherent benefits associated with decentralized exchanges such as the self-custody of assets

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager

According to a court document filed recently in the Voyager Digital bankruptcy case, USA. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Väärtpaberi- ja börsikomisjon (SEC), the FTC has objected to Binance

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

Aruannete kohaselt, 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, ja Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. Aruannete kohaselt, the company is delaying the finalization of the budget for each one of its teams,…

Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group

Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. Aruannete kohaselt, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, nagu…

House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest

Veebr. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. Esindajatekoda, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of

Matrixport liitub kasvava krüpto- ja plokiahela ettevõtete nimekirjaga, laseb töötajatel minna

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” ja “industry-wide capitulationsas reasons