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The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank. Meanwhile, an anti-drug organization has referred the case to the interior ministry and the central bank, asking authorities to investigate
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This episode is sponsored by NYDIG.Download this episodeA reading of JP Koning’s essay for Cryptox “Are Central Bankers Ready for Payments Theater?”See also: Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor
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As crypto and blockchain firms grow and need to navigate regulatory and economic challenges for the industry, many have to hire outside to find the best workers. This year, major companies, financial institutions, and even government agencies announced they were searching for fresh blood to help them adapt to the
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If you thought remote work was game-changing, wait until video game work gains traction. Blockchain-based NFT games such as Axie Infinity and Splinterlands have demonstrated that a play-to-earn business model has the potential to revolutionize the gaming industry.Pandora’s box has been opened, so to speak, and play-to-earn is here to
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A senior manager at banking giant Goldman Sachs in London has reportedly left the company after making a fortune on a meme-based cryptocurrency, Dogecoin (DOGE).Aziz McMahon, a former managing director and head of emerging market sales at Goldman Sachs, had resigned from the investment bank, allegedly after netting major gains
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The 916,000 jobs added in March features about 280,000 new workers from the hospitality and leisure industry, while construction and manufacturing reported 110,000 and 53,000 added jobs respectively.Stock futures showed a varying reaction or growth tickers as the United States job report for March was unveiled. The futures on the
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Speaking at a Chamber of Digital Commerce panel discussion in late February, City of Miami Mayor Francis Suarez noted that his city’s employees, like others, are worried about the “potential devaluation of the dollar,” so he proposed to the Miami City Commission a resolution to allow “our employees to take
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In brief:Grayscale new job openings suggest the company is considering a Bitcoin or Crypto related ETF applicationOne of the requirements is that candidates should have experience dealing with the various US financial regulatory bodies including the SECJP Morgan plans on launching a cryptocurrency exposure basket composed of 11 companies with
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IBM has cut its blockchain team down to almost nothing, according to four people familiar with the situation. Job losses at IBM (NYSE: IBM) escalated as the company failed to meet its revenue targets for the once-fêted technology by 90% this year, according to one of the sources.“IBM is doing a
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