Cryptocurrency exchange Luno is the latest company in the industry to make layoffs, setting out to cut 35% of its global workforce.
According to the company's LinkedIn page, Luno has more than 600 employees, meaning it will cut over 210 jobs. Luno said the layoffs will affect employees in all regions. Headquartered in London, Luno has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney.
Successfully implementing self-regulation in the blockchain ecosystem is imperative, no matter what decisions and laws external forces might make, says Miguel Morel, founder and CEO of blockchain analytics company Arkham Intelligence.
Jan 25 (Reuters) - Digital Currency Group-owned Luno said on Wednesday it would cut 35% of its total workforce, the latest in a slew of companies in the digital assets sector to reduce headcount to weather a slump in the cryptocurrency market.
‘NOT business as usual’: Jim Cramer blasts ‘dangerous’ $4.3B bailout of crypto bank — here’s how to prepare for a total collapse of crypto confidence
Facing a wave of withdrawals from skittish investors, a crypto-friendly bank is staying solvent thanks to an unusual multibillion-dollar loan — a move Jim Cramer says should knock you off your chair.
Murphy, North Carolina CNN — When Judy Stines first heard about cryptocurrency, “I always thought it was smoke and mirrors,” she said. “But if that’s what you want to invest in, you do you.”
The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.
Web3 technologies continue to infiltrate various mainstream industries to bring innovation to old systems. This includes legacy creative fields such as the music industry and, more recently, the film industry.
Non-fungible tokens (NFTs) are clawing back to life after an awful year, with Enjin coin up over 70% this month, and NFT marketplace Rarible (RARI) and the
Now that Republicans have control of the House of Representatives, they're hoping to set the agenda for crypto. Financial Services committee Chair Patrick McHenry (above) has announced a Subcommittee on Digital Assets, Financial Technology and Inclusion that aims