Thursday, December 19, 2024
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Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded

However, Umami temporarily stopped all payouts to token holders in early February, citing regulatory considerations, messages in Umami’s Discord channel show. This caused some discourse among community members, who said the product seem to do the opposite of what it earlier told potential token investors. Source

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Coinbase announces ‘nearly the entire company will shut down’ for four weeklong breaks in 2022 to allow workers to recharge

Major U.S. crypto exchange Coinbase will be giving its employees one week off each quarter in 2022 to recharge after “long days and long weeks” of intense work.In a Monday blog post, Coinbase chief people officer L.J. Brock said “nearly the entire company will shut down” for four separate weeks

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Following whipsaw launch, Filecoin looks to weeklong conference for stability

Two days after a whiplash-inducing launch that saw Filecoin’s FIL token rocket 118% before a nearly 80% plunge, the blockchain-based data storage platform turns now to a weeklong digital conference in the hopes of righting the ship. Billed “Filecoin Liftoff Week,” the event is centered on education, infrastructure, interoperability, and future

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