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CATEGORY: staff


US House may vote to overturn Bidens SAB 121 veto next week

Author: Cointelegraph by Brayden Lindrea
United States
Jul 07, 2024 12:00

US House may vote to overturn Bidens SAB 121 veto next week

While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Bidens veto.

May 07, 2025 05:50

Trish Turner appointed by IRS to lead crypto division amidst staff departures

Trish Turner, the head of the IRS Crypto Division, steps down from her leadership position, paving the way for a shift in the PTO Division amid a significant shakeup in leadership. After spearheading the Crypto Division at the Internal Revenue Service, Trish Turner has decided to hand over the reins, allowing for new leadership to [...]

US Senate overturns SECs anti-crypto resolution, but will Biden veto? Law Decoded

Author: Cointelegraph by David Attlee
United States
May 21, 2024 12:00

US Senate overturns SECs anti-crypto resolution, but will Biden veto? Law Decoded

The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC.

Apr 24, 2025 05:50

Coinbase Expanding into Charlotte Fintech Hub, Plans to Hire 130+ New Staff

Coinbase is broadening its reach in Charlotte by recruiting 130 new employees as part of its expansion efforts in the fintech sector. The company’s push for growth is evident as it seeks to establish a stronger presence in the industry. This move is promising for both job seekers and the local economy, providing ample opportunities [...]

The post Coinbase Expanding into Charlotte Fintech Hub, Plans to Hire 130+ New Staff appeared first on Crypto Breaking News.

Apr 11, 2025 05:50

SEC staff provides insights on how crypto could be affected by securities laws

The Securities and Exchange Commission (SEC) has released new guidance on how federal securities laws could potentially apply to cryptocurrencies. This development comes as the SEC continues to explore the regulation of digital assets within the existing legal framework. In their guidance, the SEC emphasizes that whether a particular cryptocurrency is considered a security under [...]

The post SEC staff provides insights on how crypto could be affected by securities laws appeared first on Crypto Breaking News.

SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’

Author: Cointelegraph By Luke Huigsloot
United States
Mar 30, 2023 08:20

SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’

United States Securities and Exchange Commission Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”

Mar 14, 2025 05:50

DOGE Suggests Cutting IRS Staff by 20% A Bold Move for Tax Reform

The popular cryptocurrency Dogecoin has caught the attention of many investors, with its value skyrocketing in recent months. However, amidst this surge, the Internal Revenue Service (IRS) has decided to crack down on Dogecoin holders. The IRS announced that it will be slashing its staff by 20% in order to focus on enforcing tax regulations [...]

The post DOGE Suggests Cutting IRS Staff by 20% – A Bold Move for Tax Reform appeared first on Crypto Breaking News.

May 29, 2023 02:50

Singapore’s Temasek cut salaries for staff behind $275M FTX investment

Monday crypto news confirmed Singapore’s Temasek Holdings had concluded an internal review of its $275M investment loss at now-insolvent FTX exchange. The staff accountable for the investment took full responsibility and had their salaries cut. Also, the senior management team endured the same pay cuts. Temasek has made a statement on the FTX fraudAdmits damage …

<p>The post Singapore’s Temasek cut salaries for staff behind $275M FTX investment first appeared on CCNC | Cryptocurrency Newscast.</p>

Jul 26, 2023 05:50

KuCoin denies mass layoffs, says cuts are part of ‘normal’ operations

Cryptocurrency exchange KuCoin has shut down rumors suggesting it was preparing to lay off 30% of its workforce — a figure that amounts to approximately 300 staff — in the coming weeks. “We want to clarify that KuCoin has not initiated any alleged layoff plans,” a KuCoin spokesperson told Cointelegraph, adding that that any potential [...]

The post KuCoin denies mass layoffs, says cuts are part of ‘normal’ operations appeared first on Crypto Breaking News.

German newspaper giant to axe old-school editorial staff for AI

Author: Cointelegraph By Felix Ng
United States
Jun 21, 2023 08:20

German newspaper giant to axe old-school editorial staff for AI

Artificial intelligence will soon make its appearance in one of Europe’s best-selling tabloid newspapers.

Goldman Sachs still open to crypto hires amid massive 3,200 staff cut

Author: Cointelegraph By Felix Ng
United States
Mar 01, 2023 08:20

Goldman Sachs still open to crypto hires amid massive 3,200 staff cut

Goldman Sachs digital asset lead Mathew McDermott said the bank remains “hugely positive” on exploring blockchain applications.

Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise

Author: Cointelegraph By Jesse Coghlan
United States
Jan 31, 2023 08:20

Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise

It was a tough month for crypto employees with at least 14 firms announcing staff reductions in January.

Crypto.?com CEO announces 20% staff cut, ‘did not account’ for FTX collapse

Author: Cointelegraph By Luke Huigsloot
United States
Jan 13, 2023 08:20

Crypto.?com CEO announces 20% staff cut, ‘did not account’ for FTX collapse

“While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds.”

Doubts mount over Huobi’s future as harsh layoff rumors denied

Author: Cointelegraph By Jesse Coghlan
United States
Jan 06, 2023 08:20

Doubts mount over Huobi’s future as harsh layoff rumors denied

Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange.

Swyftx cuts 40% of staff as it braces against 'worst-case scenario'

Author: Cointelegraph By Brayden Lindrea
United States
Dec 05, 2022 08:25

Swyftx cuts 40% of staff as it braces against 'worst-case scenario'

The Australian crypto exchange said while it had no exposure to FTX, it was "not immune" to its fallout.

Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more

Author: Cointelegraph By Jesse Coghlan
United States
Nov 29, 2022 08:20

Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more

Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies.

Moonvember kicks off with sweeping staff layoffs across crypto

Author: Cointelegraph By Jesse Coghlan
United States
Nov 04, 2022 08:20

Moonvember kicks off with sweeping staff layoffs across crypto

There are still pockets of hope, however, with some companies looking to expand despite the market conditions.

Interview: How is blockchain gaming surviving the bear market? Zilliqa Chief of Staff

Author: noreply@blogger.com (Unknown)
United States
Sep 30, 2022 02:50

Interview: How is blockchain gaming surviving the bear market? Zilliqa Chief of Staff

One area I have perhaps somewhat neglected in my ongoing analysis of the crypto industry is that of blockchain gaming.

I’ve long thought the area is ripe for blockchain integration, so I’m not really sure why I have been slower to dive in. The concept of players being able to own in-game assets as NFTs, buy, sell and trade them, and various other utilities seems to be a perfect match for the blockchain.

After all, gaming already exists in the digital realm, so it feels like innovation should be ripe here. So I want to focus a little more on the space going forward than I have to date.

I noted the announcement recently from Zilliqa, a top 100 cryptocurrency by market cap which has made a bit of noise within the gaming space. Zilliqa is partnering with XBorg, one of an esports 3.0 organisation, to advance the development of its gaming ecosystem. 

There are a lot of buzzwords there, so I was curious to find out more and begin to deepen mu understanding of the space. I interviewed Zilliqa’s Chief of Staff, Matt Dyer, to do so.

Invezz (IZ): How has blockchain gaming been affected by the bear market, compared to other aspects of crypto?

Matt Dyer , Chief of Staff at Zilliqa (MD): As we see globally, we are all operating within a challenging macroeconomic environment at present – and crypto is no exception. At the same time, bear markets are a great time to build and gaming has shown itself to be a resilient industry with strong growth prospects irrespective of external market conditions.

At Zilliqa, we see Web3 technologies and blockchain-based features playing a huge part in the next wave of innovation to emerge in this space, which has only strengthened our resolve and ambition to continue to develop our capabilities in this arena, despite the tough contemporary conditions.

IZ: How valuable is it that the pool of players coming from XBorg will now have more exposure to the Zilliqa blockchain?

MD: One of the most important factors for success – both for games and blockchain ecosystems – is the user base. Valentin Cobelea – our Head of Gaming Technology – and his team are building out a fantastic array of games, so heightening awareness of these as they drop, improving the overall visibility, and bringing in new players is critical to moving the needle with these first and foremost, which the XBorg partnership will help to drive.

We are confident that the quality and value of the games that we are developing will stand alone, regardless of the underlying technology powering them. The fact that many of the unique features and capabilities are powered by the Zilliqa blockchain – and by extension, the exposure that new entrants to our ecosystem will gain from that – is a huge added bonus for our wider community and all of the different applications that comprise it.

IZ: Is this partnership indicative of a greater focus on gaming from Zilliqa, or are there any other plans to develop more within the blockchain gaming space?

MD: As a Layer 1 blockchain, Zilliqa can be leveraged by any business making the move into Web3 and deriving the benefits from these innovative new technologies. Gaming is one area where we saw huge potential to demonstrate the capabilities, not just of Web3, but also Zilliqa, which is why we are investing in it heavily as an ecosystem. 

Last week, we announced that Zilliqa is currently developing our own game console, which will serve as an all-in-one device for gamers in the world of Web3 – integrating not just games from ourselves and our partners, but also a hardware wallet and the ability to mine ZIL tokens when not actively in-game.

All of that said, the wider-Zilliqa ecosystem is made up of more than just gaming, with a wide array of dApps covering a multitude of use cases, including everything from inherent Web3 technologies like DeFi and NFTs, through to disruptive applications in more traditional spaces such as event ticketing and education.

IZ: What separates Zilliqa from other Layer 1 projects? 

MD: A key aspect in the Web3 space in the coming years will be the wider world looking not just at the different businesses that have been successful and emerged as leaders, but the blockchain platforms that underpin them and have enabled them to be innovative and thrive.

Since its inception, Zilliqa has had a reputation as a ‘blockchain-for-business’, with a feature set that has enabled the creation and deployment of unique businesses and concepts – even when looking exclusively in the blockchain space.

As more businesses continue to turn to Zilliqa as the solution for their blockchain and Web3 needs, we foresee further growth. As a blockchain ecosystem, the best sales pitch for new prospects is the demonstrable success of other businesses that have come before them.

IZ: Zilliqa claims to be the world’s first blockchain to run entirely on a sharded network. We recently saw the Merge occur on Ethereum, and sharding is slated to be implemented in the future. Do you think this could have an effect on Zilliqa?

MD: Like with every other Layer 1 blockchain, Zilliqa is in a constant state of evolution, so while we have been a leader in bringing sharding technology to market, it is just one component of the value proposition that Zilliqa offers to prospective businesses and developers.

With sharding technology moving increasingly closer to becoming a reality for the Ethereum network following the merge, in many respects, the increased attention on the benefits of sharding and what it enables could be seen as a real positive for Zilliqa as an early leader in the space.

IZ: How can Zilliqa try to take market share from other projects and propel up the rankings? Secondly, do you believe there is a place for many blockchains, or will it be more a world of interoperability? 

MD: In my view, we are increasingly moving towards a multi-chain world where there will be no single right answer for building on, but rather, many competing platforms with different feature sets and value propositions – much like we see with different competing software solutions in other areas of business, like with CRMs.

What will set these various platforms apart will be finding the blockchain that best fits the intended use case, as well as the community of potential users and ecosystem of supporting applications?

In this world, market share – and by extension rankings and value – must be earned. That means attracting new projects, businesses, and dApps that not only illustrate the value that Zilliqa offers, but also that attract new users into the community.

That makes engaging with key projects and demonstrating the unique points of difference that Zilliqa offers an essential part of our work to grow our ecosystem. To that end, we are constantly working towards making Zilliqa an attractive and accessible platform to build on, with the impending addition of EVM (Ethereum Virtual Machine) compatibility a key initiative in this area.

The post <strong>Interview: How is blockchain gaming surviving the bear market? Zilliqa Chief of Staff</strong> appeared first on Invezz.



from Cryptocurrency – Invezz

Sep 17, 2022 06:55

Fintech Banking Platform TrueLayer Says it will Reduce 10% of its Workforce


Global Open Banking platform, Truelayer has announced its intention to reduce its workforce by 10%, following a blog post published by the fintech firm earlier this week (Read More)

Aug 21, 2022 06:55

Swyftx Lays Off One Out of Five Staff on Account of Crypto Winter


Australian cryptocurrency exchange known as Swyftx with its location in the Brisbane region has announced that it is cutting down on its staff strength by 21% which means that it would be letting go of up to 74 of its staff (Read More)

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