Mexico-Based Crypto Exchange Bitso Cuts More Staff in Fresh Round of Layoffs
Mexico-based crypto exchange Bitso has let go of an unspecified number of workers in a fresh round of layoffs, about six months after cutting about 80 employees.
Web3 Startup Starlight Launched Corporate Cards for Crypto Firms
Starlight, a Brevan Howard-backed web3 payments startup, has launched corporate cards that aim to simplify expense payments for crypto businesses.
Firm Behind London Stock Exchange’s Benchmark FTSE 100 Unveils Crypto Index Series
FTSE Russell, the company behind the London Stock Exchange's benchmark FTSE 100 equity index, has rolled out a set of measures for the digital asset market.
Binance and Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess
Binance.US and Coinbase (COIN) are on a list of crypto companies questioned this week by the chairman of the U.S. Senate Finance Committee about how they protect the investors using their services in light of the widespread damage caused by the fall of FTX.
New York Man Pleads Guilty to $2 Million Crypto Mining Fraud
A New York man pleaded guilty on Tuesday to defrauding more than a dozen victims out of a collective $2 million as part of a long-running crypto mining scam.
Mass Layoffs: Candy Digital, a Gary Vee Backed NFT Startup, Fires One-Third of Its Workforce
According to reports, <a rel="nofollow" href="https://www.candy.com/">Candy Digital</a>, a sports and entertainment <a href="https://coingape.com/tag/nft/">NFT</a> start-up founded in 2021 and valued at $1.5 billion the same year, has laid off a major portion of its workforce.
Bitfront News: Crypto Exchange Bitfront Announces Its Shutdown; Here’s Why
Also, 31 March 2023 has been announced as the deadline by the exchange firm Bitfront to clear all the deposits and withdrawals of investors. This year has been exceptionally challenging for the <a href="https://coingape.com/glossary/cryptocurrency-5/">crypto</a> market, thus, pushing Bitfront to close down.
India to Start Retail CBDC Pilot in Four Cities With Four Banks
The Reserve Bank of India will start testing its retail central bank digital currency (CBDC), the digital rupee, in Mumbai, New Delhi, Bengaluru and Bhubaneswar with the initial participation of four banks: State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank, it announced Tuesday.
Yuga Labs Teams Up With Adidas To Launch Limited World Cup Collection
The FIFA World Cup fever goes on to the next level, pretty much where the digital community was expecting it to. In a recent development, Yuga Labs took to Twitter to announce its collaboration with Adidas. The objective is to launch the Limited World Cup collection of Yuga Labs.
President of Bank of Brazil Shows 'Open Finance' Digital Real Concept Featuring Stablecoin Integration and Payments Functionality
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app” that featured PIX (a payments network) functionality, and also integration with other stablecoins already available.
