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Bonuses between 17% and 94% will be in the best interest of the FTX group as it seeks to wind up affairs, the Tuesday document said. The overall package is capped at $4,027,204 and targets staff with key skills and knowledge, including programming languages such as Python, Rust and Flutter.
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Celsius customers participating in the company’s custody program can now withdraw their funds. However, some users are experiencing delays in processing their requests due to a backlog of pending withdrawals. After a crypto lending company Celsius froze withdrawals before filing for bankruptcy, some customers now report that they can finally withdraw
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That created a rush for Xmon tokens in mid-February when sudo initially become tradeable. Prices of xmon jumped from $19,000 to lifetime peaks of $43,000 in a single day as traders purchased the tokens, and then locked those for becoming eligible for the sudo lock drop. Source
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Chiliz, a global company that deals with blockchain for sports and entertainment, has launched its incubator and accelerator program, Chiliz Labs, with the support of Jump Crypto. The $50 million program intends to invest in early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment and the Socios.com
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Rewards program included high-yield interest accounts, a refer-a-friend scheme, and a mechanism to share in the spread of trades should they execute at a lower asking price. Source
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The newly announced hub, dubbed the Centre for Finance, Innovation, and Technology, is designed to unify talents across all fields in support of the fintech space. The UK Treasury and the City of London Corporation are rolling out a £5.5 million program to support the fintech industry. The UK fintech space
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On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will jointly mentor Web3 projects “focused on the utility” of non-fungible tokens (NFTs) and decentralized
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The bank plans to invite private companies to participate in a CBDC Forum, which it will set up. As the CBDC effort intensifies across many countries, the Bank of Japan has launched a pilot program for its CBDC. The executive director for the central bank, Uchida Shinichi, talked about the development
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Sony Network Communications hopes the program will explore "how blockchain technology can solve various problems in their industry." Source
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The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service. Kraken’s CEO Responds to SEC Action Kraken CEO Jesse Powell urged Congress
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