Matter Labs Reduces Workforce by 16%
Matter Labs, the main developer behind the Ethereum layer-2 protocol ZKsync, has announced a restructuring that includes laying off 16% of its employees.
Matter Labs, the main developer behind the Ethereum layer-2 protocol ZKsync, has announced a restructuring that includes laying off 16% of its employees.
The Qatar Financial Centre, located in Doha, Qatar and designated as a special economic zone, has recently announced a regulatory framework for digital assets in response to the increasing cryptocurrency activities in the region.
Following a period of large multi-week inflows, there has been a noticeable shift in the cryptocurrency investment product market as major outflows are now being seen.
OKX Singapore, a subsidiary of the global cryptocurrency exchange OKX, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
24X National Exchange has submitted an amended application to United States regulators to establish a securities exchange that could offer cryptocurrency exchange-traded funds (ETFs) with 24/7 trading capabilities.
Bitcoin miners experienced a significant decrease in revenue in August, the lowest amount since September 2023.
The long-awaited hard fork of the Cardano blockchain has been successfully completed, paving the way for new advancements in voting systems and smart contracts.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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