Two senior executives leave Binance Labs
Binance's venture arm will lose its CEO Bill Chin. A month earlier, the firm's chief investment officer Nicole Zhang resigned, The Block reports.
Two senior executives leave Binance Labs
Binance's venture arm will lose its CEO Bill Chin. A month earlier, the firm's chief investment officer Nicole Zhang resigned, The Block reports.
Gemini to cut staff by 10% amid crypto-market downturn
The Winklevoss-owned Bitcoin exchange Gemini will cut its staff by 10%. The reasons cited are the crypto winter and unfavourable macroeconomic conditions, Bloomberg reports.
Bitso lays off 80 employees
Bitso, the largest cryptocurrency exchange in Latin America, laid off 80 employees, CoinDesk reports citing a statement from the company.
Media reports cost-cutting at Coinbase after a weak start to the year
The Bitcoin exchange Coinbase paused expanding its headcount for two weeks and cut spending on Amazon Web Services as part of a broader cost-cutting programme. The Information reports, citing sources.
How Blockchain May Finish Off Big Corporations
Old-fashioned corporations and traditional business schemes continuously give ground these days. As the world gradually submerges in the ocean of postmodernist paradigm, the very essence of successful businesses is changing, with a term ‘Uber moment’ used to refer to those changes. Indeed, the same Uber is a cab company that owns no cars. Similarly, Alibaba […]
Russian Business Daily Calls Russia to Embrace Cryptocurrency
Pavel Cherkashin, an angel investor and a partner at Vestor.In Partners, wrote an article for Russia’s most popular business newspaper Vedomosti. There he describes cryptocurrency in general and points out lots of its advantages as compared to the traditional banking system. Cherkashin stated that, according to expert opinions, at least 10% of the global GDP […]
BitPesa Remains Discontinued from M-Pesa
According to the recent ruling by the Kenyan High Court, local operator Safaricom servicing M-Pesa will not have to provide access to bitcoin startup BitPesa. Though the case is far from being dismissed, the current ruling would prolong the service’s inability to operate as is. Last month, the mobile payments company Lipisha’s accounts had been […]
How to Implement Smart Contracts: Business Philosophy
After the advent of cryptocurrencies specialists in business automation engaged in discussions on smart contracts as they deemed them the method to eliminate third parties and reduce operational costs for businesses. It is hardly surprising, because, in fact, a cryptocurrency transaction is particular case of a smart contract recorded in a public register unreservedly transferring […]We use cookies to improve the quality of our service.
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