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Chinese Stablecoin Staff Arrested in Hong Kong
Authorities arrest a cross-border payment stablecoin team in Hong Kong before crypto regulations come into force. The post Chinese Stablecoin Staff Arrested in Hong Kong appeared first on BeInCrypto. дальше »
2023-5-31 13:07 | |
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Temasek reduces compensation for staff responsible for botched FTX investment
Singapore-based investment firm, Temasek Holdings, has cut down the compensation of its executives responsible for the failed investment in the now-bankrupt crypto exchange, FTX. Temasek disappointed in failed FTX investment Lim Boon Heng, the chairman of Temasek Holdings, said the firm would… дальше »
2023-5-29 11:19 | |
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Singapore’s Temasek cut salaries for staff behind $275M FTX investment
Monday crypto news confirmed Singapore’s Temasek Holdings had concluded an internal review of its $275M investment loss at now-insolvent FTX exchange. The staff accountable for the investment took full responsibility and had their salaries cut. дальше »
2023-5-30 10:04 | |
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Web3 Lawyer Backs Ripple Amid Discovery Of Conversation Between SEC Staff Prior To The Hinman Speech
The legal tussle between Ripple and the Securities and Exchange Commission (SEC) takes a new turn as web3 lawyers and digital asset users scrutinize a new revelation concerning the case. Pro-XRP lawyer John Deaton has stated that a small footnote that he discovered in Ripple’s brief could play a key role in determining the merits […] дальше »
2023-5-27 16:48 | |
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Fed forecasts ‘mild recession’ in 2023
Quick Take The FOMC minutes were released Thursday, showing a split among members over further rate hikes. However, it was clear that rate cuts will not be happening in the near future. In the staff economic outlook, it was stated a “mild recession” could occur later this year. дальше »
2023-5-25 11:59 | |
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Alibaba Cloud to Downsize Headcount by 7%, with Layoff Signaling Beginning of Its Spinoff Process
Coinspeaker Alibaba Cloud to Downsize Headcount by 7%, with Layoff Signaling Beginning of Its Spinoff Process Alibaba Cloud has emerged as an early IPO candidate and will reportedly pursue a 7% staff layoff amid its ‘streamlined’ restructuring. дальше »
2023-5-24 18:44 | |
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Ripple vs. SEC: Here’s why it could be “game over” for SEC in XRP case
SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds” to believe that XRP is not a security. The SEC sued Ripple Labs and two of its executives for selling alleged unregistered securities in the form of XRP. дальше »
2023-5-22 15:32 | |
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Filecoin Foundation Lashes Out at SEC for Classifying FIL as Security
Coinspeaker Filecoin Foundation Lashes Out at SEC for Classifying FIL as Security Grayscale also noted that it doesn't believe that Filecoin is security and seeks to respond to the SEC staff with a legal basis for their position. дальше »
2023-5-20 13:26 | |
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SEC staff suggest Filecoin (FIL) is a security: Grayscale
Grayscale says it disagrees with SEC’s staff over suggestions that Filecoin (FIL) is a security. The letter from the SEC staff was sent on 16 May 2023, after Grayscale applied to list the Grayscale® Filecoin Trust (FIL) (OTCQB: FILG) SEC staff also believe the meet the Grayscale® Filecoin Trust “meets the definition of an investment […] The post SEC staff suggest Filecoin (FIL) is a security: Grayscale appeared first on CoinJournal. дальше »
2023-5-18 02:30 | |
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Is Filecoin [FIL] the latest to be on the US SEC radar?
An SEC staff told Grayscale that Filecoin [FIL] could be classified as a security Grayscale stated it would respond to the staff but is unsure about its results The United States Securities The post Is Filecoin [FIL] the latest to be on the US SEC radar? appeared first on AMBCrypto. дальше »
2023-5-18 00:00 | |
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Silvergate Bank to cut 230 staff as it winds down
Silvergate Bank will significantly reduce its staff headcount as it winds down operations, according to an SEC filing submitted May 11. The failed crypto-friendly bank will let go of about 230 employees on May 12, leaving just 80 officers and employees at the firm. дальше »
2023-5-12 22:47 | |
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Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, with more than 200 employees. Behind the scenes, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim and the smell of cannabis permeated the office. дальше »
2023-4-9 23:03 | |
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Bitcoin Thesis Becomes Top Seller on Amazon
Coinspeaker Bitcoin Thesis Becomes Top Seller on Amazon According to Lowrey's concise description on Amazon, he had advised several senior US executives on Bitcoin-associated regulations in the offices of the President, Secretary of Defence, and the Joint Chiefs of Staff. Bitcoin Thesis Becomes Top Seller on Amazon дальше »
2023-4-3 13:34 | |
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Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF
The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried. дальше »
2023-3-31 19:37 | |
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SEC’s Gary Gensler seeks for more staff, resources to regulate crypto
SEC chair Gary Gensler asked United States lawmakers for greater resources to increase his agency’s staff count during a hearing that took place on March 29. The post SEC’s Gary Gensler seeks for more staff, resources to regulate crypto appeared first on CryptoSlate. дальше »
2023-3-30 01:08 | |
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Disney disbands entire metaverse team – 50 staff jobs cut
Metaverse dreams at the House of Mickey Mouse have been put on hold after Disney laid off its 50-person metaverse team as part of a broader job cut. The post Disney disbands entire metaverse team – 50 staff jobs cut appeared first on CryptoSlate. дальше »
2023-3-28 11:05 | |
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US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting
Heads of all major U.S. financial regulatory agencies gathered by video to hear a presentation by New York Fed staff that concluded that the banking system “remains sound.” дальше »
2023-3-26 01:04 | |
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Crypto Custody Firm Anchorage Digital Axes 20% Of Staff, Blames Regulatory, Macroeconomic Challenges
Crypto bank Anchorage Digital is slashing 20% of its workforce, citing U.S. regulatory uncertainty and macroeconomic challenges as factors that influenced the decision. дальше »2023-3-16 01:29 | |
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Anchorage lays off 20% of staff as crypto volatility persists
Anchorage Digital, the first federally chartered crypto bank in the US, has announced a layoff of around 20% of its staff, totaling 75 people, as the prolonged bear market in the crypto industry continues to take its toll. The company… дальше »
2023-3-15 15:39 | |
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FTX Proposes $4M Bonus Program as It Seeks to Retain Staff
The bankrupt crypto exchange wants to offer supplements up to 94% of salary to avoid sought-after coders quitting. дальше »
2023-3-10 12:59 | |
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SEC Staff Say Binance.US Offers Unregistered Securities, Claims Lawyer
An SEC attorney says that Binance.US offers unregistered securities without any evidence. The post SEC Staff Say Binance.US Offers Unregistered Securities, Claims Lawyer appeared first on BeInCrypto. дальше »
2023-3-5 10:45 | |
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SEC Official Says Binance US Is Operating 'Unregistered Securities Exchange'
A U.S. Securities and Exchange official said agency staff believe Binance US is operating an unregistered securities exchange in the U.S. дальше »
2023-3-4 01:44 | |
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Goldman Sachs To Bolster Crypto Team With New Hires Following Layoffs
In January 2023, Goldman Sachs, a multinational investment bank, announced plans to cut around 3,200 staff as part of a cost-cutting exercise. However, despite this move, the bank remains open to hiring new talent in the cryptocurrency space. дальше »
2023-3-1 15:40 | |
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Goldman Sachs Says It’s Open to Adding Staff to Digital Assets Team: Bloomberg
The investment bank’s private tokenization platform was used by Hong Kong to sell digital bonds last week. дальше »
2023-3-1 22:29 | |
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Crypto Gaming Company Immutable Sacks 11% Of Its Staff – Here’s Why
Immutable, Australia’s largest crypto gaming startup known for the NFT trading card game Gods Unchained, has disclosed that it will let go 11% of its total workforce, despite having already announced terminations middle of last year. дальше »
2023-2-23 00:05 | |
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Huobi crypto exchange aims to expand to Hong Kong amid regulatory changes
The cryptocurrency exchange recently cut 20% of its staff, but now it will increase its personnel in Hong Kong from 50 to 200.
дальше »2023-2-21 00:20 | |
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Tencent Adopts New Metaverse Strategy
One of China’s biggest companies is scaling down its metaverse unit as part of its new direction. Tencent is partially disbanding its Extended Reality (XR) metaverse unit, according to reports. The XR unit was formed in June 2022, and has over 300 staff. дальше »
2023-2-18 12:42 | |
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Why Meta Is Reportedly Planning To Sack More Employees This March
Last November, Facebook’s parent company, Meta, undertook its largest-ever downsizing, laying off more than 11,000 employees. It appears, however, that other staff will soon be given the pink slip. дальше »
2023-2-12 10:51 | |
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