Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. Kuid, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue….

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 miljardit. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTXs turbulent

USDT raputav hind segab Alameda reservidega seotud spekulatsioone, Tether külmub 46 Miljon žetoone

Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 ühiku kohta. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curves 3pool, as the stablecoin pool has become unbalanced Thursday morning. Lisaks,…

Aruanne: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

According to the Chinese journalist Colin Wu, otherwise known asWu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firms staff due toa sharp drop in revenue.” Lisaks, the reporter claims that Huobis co-founder Leon Li is

Aruanne: Crypto Hedge Fund Three Arrows Capital tegi GBTC arbitraažitehingu enne kuulujuttude kokkuvarisemist

Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and theres been speculation about insolvency. According to a recent report, 3AC’s…

Goldman Sachs Features Cryptocurrencies, Metaversum, Digitalization on Its Homepage

Global investment bank Goldman Sachs has changed its homepage to feature cryptocurrency, the metaverse, and digitalization. “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies,” Goldman Sachs’ landing page now says. Goldman Sachs’ Homepage Now Features Crypto and

Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. Ettevõtte sõnul, Luxors new trading desk will give miners and investors access to bitcoin ASIC mining rigs

Kongressi passid $1.2 Triljoni infrastruktuuri seaduseelnõu – krüptoadvokaadid kritiseerivad maakleri muudetud määratlust, Maksukood 6050I

Congress has passed the Biden administrations bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Bidens signature after passing with a

China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’

The People’Hiina Pank (PBOC), riik’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore isconsidered illegal financial activity.The PBOC also reiterated comments it had made in