Just seven weeks after crypto exchange Gemini cut approximately 10% of its workforce due to “turbulent market conditions,” the startup has made a second round of layoffs, TechCrunch has learned, and there may be more on the way.
The former Commodity Futures Trading Commission chief joined CoinDesk TV’s “First Mover” to discuss why the bankruptcy of lender Celsius Network could set legal precedent in future crypto hearings, and why the likelihood of CBDC adoption worldwide could be based on Chinese technology.
The meeting is currently underway and at least 10 major exchanges are involved in the deliberations.
Hong Kong Monetary Authority CEO Eddie Yue tells a G20 meeting that crypto and decentralized finance will remain significant forces.
Digital Currency Group, the cryptocurrency conglomerate that owns Genesis Global Trading, is the biggest creditor of the beleaguered hedge fund, according to court documents....
GenZ is likely to approach finances differently than generations before, making basic financial literacy critical to avoid bad decisions.
Celsius bankruptcy not surprising but still a huge blow to the crypto industry.
More bad news this week as many of the stories we have been following for the past month came to a head...
Buy now, pay later was a wave that never crested, until now. Market saturation, regulation and a possible recession are dragging it down.
Whatever the public think, digital currency is coming and some innovative thinking will required to deliver it as a genuine cash alternative into mass markets. My strong suspicion is that it will depend on the use of secure, tamper-resistant hardware.