According to Chinese journalist Colin Wu, popular cryptocurrency exchange Huobi will lay off a large chunk of its personnel and reduce the compensation of top employees. Reportedly, the business plans to lay off between 600 and 800 workers, down from its current headcount of 1,200, the report said. Furthermore, the
The cryptocurrency industry is more successful for the boomers. According to a recent report from Bybit and consumer research firm Toluna, the senior folks are adapting traditional market research techniques to crypto projects. According to the study, 34% of the boomers invest 50% more than other generations. They also take
For the better part of two years, NFTs have been widely used by Chinese traders, but maybe not in the same manner as elsewhere. In China, NFTs are called digital collectibles instead of NFTs and cannot be bought with cryptocurrencies due to local regulations. China was among the pioneering countries
The largest cryptocurrency exchange in the world Binance has set forth to provide users with various options for buying cryptocurrencies. The platform has updated Binance Build to offer users to purchase cryptos using both Apple Pay and Google Pay. The Binance action is a significant step toward enhancing the service’s
DUBLIN–(BUSINESS WIRE)–The “Blockchain Gaming Market by Game Type (Role Playing Games, Open World Games, Collectible Games), Platforms (ETH, BNB Chain, Polygon), and Region (North America, Europe, Asia Pacific, Rest of the World) – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The global blockchain gaming market is
DUBLIN–(BUSINESS WIRE)–The “Global Factoring Market 2023-2027” report has been added to ResearchAndMarkets.com’s offering. The factoring market is poised to grow by $1720.41 bn from 2023-2027, accelerating at a CAGR of 7.54% during the forecast period. The report on the factoring market provides a holistic analysis, market size and forecast, trends,
DUBLIN–(BUSINESS WIRE)–The “Europe Web 3.0 Blockchain Market Size, Share & Industry Trends Analysis Report by Application, Blockchain Type, End-use (BFSI, IT & Telecom, Media & Entertainment, Retail & E-commerce, Pharmaceuticals), Country and Growth Forecast, 2022-2028” report has been added to ResearchAndMarkets.com’s offering. The Europe Web 3.0 Blockchain Market should witness
Despite the bleak crypto market environment and the collapse of FTX, the government of Japan has agreed to make listings by cryptocurrency exchange in the nation simpler. Japan is relaxing its strict crypto laws even as the ripple effects of FTX’s downfall are still being felt across the industry and
In light of the dismal state of the industry. Octopus Network has announced a round of personnel cuts that will see 12 of the core 30 employees go. All remaining Octopus Network employees will take a 20% pay reduction. And the network’s team token incentive will be put on hold
A Singapore-based crypto lender Vauld announced on December 26 that the July acquisition agreement between Vauld and its rival Nexo had “not come to fruition.” In response, Nexo stated today that discussions were ongoing and that it was still hoping to close the deal. However, Vauld has until January 20
