Cryptocurrency Analysis and News Portal
Taiwanese phone manufacturer HTC confirmed earlier this week that it would axe jobs to remain competitive and better focus on a handful of high-end products, including the EXODUS, its blockchain phone. HTC, which has around 3,000 employees, has not disclosed the scale of the lay-offs or the departments that will be
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Digital asset custody firm Trustology has cut seven of its 18 staffers as the big banks it courted are taking longer than expected to jump into crypto. Original Source
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Major crypto exchange Binance is looking for managerial staff to establish its office in Turkey, according to job postings on LinkedIn.Binance listed a total of five open positions on its LinkedIn company page as of Dec. 6 to establish a local presence in Istanbul, Turkey. The company is seeking
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Nordea Bank has won a court battle in Denmark over its bid to bar employees from buying and selling cryptocurrencies outside of work. Source
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The firm behind a purportedly Estonia-based cryptocurrency exchange DX.Exchange is ceasing operations following a petition filed by employees.CX Technologies, the Israeli company operating DX.Exchange, entered bankruptcy after 78 of its employees filed a petition against the company with an Israeli court, the Times of Israel reported on Nov. 24. The
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Chinese authorities shut down local cryptocurrency exchange BISS and arrested 10 people suspected of being involved in its operations.Local media Sohu reported on the actions undertaken by Chinese authorities on Nov. 22. However, the date at which the event itself took place is unclear.The same day, founding partner of
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Cryptocurrency exchange Coinbase is said to be in talks to acquire the human assets of Omni, a Ripple-backed rental and storage firm. According to a report from TechCrunch this weekend, Coinbase may grab Omni’s engineering team to further develop
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Messaging giant Kik has been embattled in a fierce exchange with the United States Securities and Exchange Commission (SEC) over the last year for a token fundraising run in late 2017. The latest news, confirmed by Kik CEO Ted Livingston, reports that the firm will shut down the Kik
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Staffers at CoinCorner, a British bitcoin trading venue and exchange founded in 2014, now receive part or all of their salaries in cryptocurrencies including bitcoin, ether, and XRP, via CoinCoiner Checkout, a crypto payments solution that eliminates the risks of price volatility for users, reports IOMToday on August 19, 2019. CoinCorner Fostering
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