Crypto Firm BlockFi to Cut Headcount by 20%
Cryptocurrency firm BlockFi said on Monday that it would reduce its overall headcount by about 20% as it takes on a strategic review of its priorities amid difficult market conditions.
6/14/20222 min read
Tag: #Cryptocurrency
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Chinese Regulators Clamp Down on Virtual Currency Publicity Stunts
Since the beginning of this year, the Cyberspace Administration of China has introduced measures to clean up illegal information, accounts and websites that have constituted so-called "publicity stunts" regarding virtual currency.
Jihan Wu Resigns as Bitmain CEO to End Power Struggle with Micree Zhan
Jihan Wu, the co-founder of Bitmain, announced he will resign as CEO to resolve a year-long dispute with Micree Zhan, the other co-founder, according to an internal letter he issued.
1/28/20213 min read
Binance Confirms Support for Upcoming Ethereum Merge
Leading crypto exchange Binance announced on August 25 that it plans to support and protect users' funds regardless of the outcome of the Ethereum merge, which is expected to take place between September 10 and September 20.
8/26/20222 min read
China NFT Weekly: Shanghai Pledges Support for Web3
This week: Shanghai pledges support for NFT trading platforms, Animoca Brands raises another $75 million amid crypto market crash, Tencent shuts down NFT platform to comply with government rules, and more.
7/19/20228 min read
Crypto Exchange FTX to Delist ANC, Suspend Deposits and Withdrawals of LUNC and USTC
Crypto derivatives exchange FTX said on September 5 that it will suspend deposits and withdrawals of Terra Classic (LUNC) and TerraClassicUSD (USTC), and delist Anchor Protocol (ANC) tokens, starting from September 12.
9/6/20222 min read
Ancient8: Bring the Masses to Web3 Through Games
After its funding round, Pandaily interviewed Howard Xu, Co-Founder of Ancient8. We discussed why he believes Ancient8 will stand out in the highly competitive game-guild field, what the next trend for Web3 games is, and more.
7/13/202211 min read
Binance Invests $500M in Elon Musk's Twitter Acquisition
With Elon Musk taking over Twitter, Binance, the world’s largest crypto exchange, confirmed on October 28 that it was an equity investor in the billionaire’s $44 billion acquisition.
10/28/20223 min read
Crypto Mining Pool Poolin's Low Liquidity Leads to Withdrawal Difficulties
In response to withdrawal difficulties faced by many of its users, Kevin Pan, the founder and CEO of global crypto mining pool Poolin, recently said that the situation has been caused by a lack of liquidity, and that funds are safe.
9/5/20222 min read
OKX and LinkedIn Release 2022 Global Web3 Talent Report
Crypto exchange OKX and LinkedIn have jointly published the "2022 Global Blockchain Talent Report - Web3 Direction," providing suggestions for enterprises to further grasp the opportunities brought about by Web3.
8/8/20223 min read
Developer of Mini-Game "Sheep a Sheep" Claims Infringement by GameFi Version
Following the release of a digital mini-game called "Sheep a Sheep," which has recently gone viral in China, a new GameFi version has quietly been launched. Its token price has experienced roller coaster-like fluctuations within a short period of time.
Justin Sun Is Reportedly the Core Investor of Huobi Acquirer About Capital
Justin Sun, a Chinese cryptocurrency entrepreneur and the founder of Tron, a blockchain DAO ecosystem, is reportedly the core investor of Hong Kong-based investment company About Capital Management, which recently purchased crypto exchange Huobi Global.
10/10/20222 min read