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Crypto.Com, BlockFi Announce Massive Layoffs as Economic Crisis Bites

Crypto.Com, BlockFi Announce Massive Layoffs as Economic Crisis Bites

More companies including Crypto.Com and BlockFi announced massive layoffs due to a downturn in their financial valuations amid the wider cooling of the market.

Reuters: Federal Reserve Announces Job Cuts

Reuters: Federal Reserve Announces Job Cuts

The Federal Reserve plans to eliminate 300 positions by the end of this year, marking its first notable personnel reduction since 2010. The majority of the cuts will target support roles, including technology positions. Despite the resilience of the U.S. economy, the decision is not unprecedented.

GameStop Sacks CFO, Lays Off Multiple Employees in A Fresh Turnaround Plan

GameStop Sacks CFO, Lays Off Multiple Employees in A Fresh Turnaround Plan

GameStop has laid off several employees in the middle of a turnaround plan aimed to help the firm to cut down on costs and grow profit.

Cosmos Blockchain Developer Ignite Layoffs Employees, CEO Peng Zhong Resigns

Cosmos Blockchain Developer Ignite Layoffs Employees, CEO Peng Zhong Resigns

Ignite CEO, Peng Zhong, has parted ways with the company. A few days ago, the firm announced job cuts of more than 50% of its employees amid the difficult market conditions.

BitPanda Lays off Hundreds of Employees, Citing Tough Market Conditions

BitPanda Lays off Hundreds of Employees, Citing Tough Market Conditions

The Austria-based crypto trading firm is the latest in a series of startups that have resorted to layoffs since last month, owing to the current difficult market conditions.

Bank of America Announces Blockchain Job Openings

Bank of America Announces Blockchain Job Openings

Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers

President Donald Trump has proposed a capital gains tax cut which may greatly benefit United States cryptocurrency traders—particularly those planning to stake on Ethereum 2.0.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

Amazon Aims to Advance Its Digital Currency Project in Mexico

Amazon Aims to Advance Its Digital Currency Project in Mexico

Amazon has been planning on launching a digital currency project in Mexico, and a job posting revealed that it was looking for engineers and developers for the part.

Bank of England Reveals How Banks Can Adjust to Cryptocurrency Growth

Bank of England Reveals How Banks Can Adjust to Cryptocurrency Growth

The Deputy Governor of the Bank of England Jon Cunliffe has said that it is not the bank's job to protect commercial banks from the impact of cryptocurrencies.

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.

Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban

Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban

NEC Corporation, a Japanese multinational information technology and electronics company, has partnered Persol Career, a job-hunting firm, to pilot its blockchain app to help corporate Japan recruit Indian tech engineers. Nearly 2000 Indians are expected to be hired via the app in the next three years,

LinkedIn Ranks Blockchain as a Top Skill for 2020

LinkedIn Ranks Blockchain as a Top Skill for 2020

The skills that are in demand follow programming and computer science as key elements, however, sales and marketing in the industry will also follow suit, to advertise and push awareness for the new developing tech shown alongside Blockchain on the in-demand list according to the job and professional networking site LinkedIn.

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

BTC has been relatively unaspiring this weekend as ALTs continue to steal the limelight with LINK, Tezos, and Defi names making good gains. For example, ChainLink has hit an all-time high over the weekend with the market pundits citing near record network usage and mainstream adoption (over 45 partners since April). Strategy: Continue to load up BTC options 8-8.5k puts,,,,,

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

BlockCrushr, a Canadian blockchain firm has accused ConsenSys of stealing its intellectual property after it took part in a ConsenSys’ startup accelerator program.

Why Stablecoins are Securing the Future of Crypto World

Why Stablecoins are Securing the Future of Crypto World

While the value of most cryptos has tremendously declined due to coronavirus outbreak, the demand for stablecoins seems to be on the rise.

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