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…
Day: 9 November 2022
Biggest Movers: FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly
FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout…
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase…
Bitcoin price risks $17K amid claim Binance may reject FTX takeover
Further losses come in step with confusion over the future of FTX under Binance, while…
Some central banks have dropped out of the digital currency race
There are at least four countries that have either scrapped or halted CBDC plans so…
Fractional NFTs and what they mean for investing in real-world assets
Fractional NFTs enable users to divide an NFT into multiple fractions, reducing the barrier to…
Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round
Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to…
Meta joins big tech layoffs, lets go of 11,000 employees
The Facebook parent company announced it will let go of approx. 13% of its current…
MetaMask allows to move tokens on multiple blockchains with new DApp
Bitcoin integration is not on the immediate roadmap for blockchain bridge support via MetaMask Bridges,…
Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’
Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by…
Stefan Berger explains the reason behind the delay in MiCA voting
One of the reasons behind the delay is “the enormous amount of work for the…
FTX-Binance standoff highlights the need for clear rules — Sen. Lummis
Market manipulation, lending activity and safeguarding of customer funds and assets are some of the…
Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation
Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the…
Hong Kong ‘Actively Looking’ to Establish Regulatory Framework to Allow Crypto Futures ETFs: Report
Hong Kong’s Securities and Futures Commission (SFC) is “actively looking” to create a regulatory framework…
Bitget Innovates Social Trading With New Feature ‘Strategy Plaza’
PRESS RELEASE. Hong Kong, 9th Nov 2022 – Bitget, the leading global crypto exchange with…