Crypto Lender Genesis Trading Cuts Workforce by 30%
Cryptocurrency lending platform Genesis Trading has announced it will lay off 35% of its staff.

Cryptocurrency lending platform Genesis Trading has announced it will lay off 35% of its staff.
CME Group has recently announced that it plans to launch reference rates for three metaverse crypto assets.
The influx of funds into crypto-based funds over the past 12 months has hit its lowest level since 2018.
Guarda, a secure non-custodial cryptocurrency wallet and platform, released its prepaid Visa card in the second half of 2022.
US regulators have warned the US banking sector against the risks associated with digital assets.
Sam Bankman-Fried has pleaded not guilty to eight counts.
The popular meme coin backed by billionaire Elon Musk, Shiba Inu, is under another price dilemma following the FTX incident and losing some of its investors in fear of a bad start after 2023.
Cameron Winklevoss has published an open letter to the CEO of Digital Currency Group (DCG) asking him to pay off $900 million.
Brad Garlinghouse has said on Twitter that he’s “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the crypto industry this year.
Celsius Network has entered into an agreement to allow crypto mining company Core Scientific shut off over 37,000 mining rigs.
Over the years, there are some trends in the blockchain and cryptocurrency space that have already shown great promise.
Luke Dash Jr., a Bitcoin Core developer, has said that he has fallen victim to a hacker attack.
Turkey expects to complete trials of its digital currency by the end of the year.
Former FTX head Sam Bankman-Fried cashed out $684,000 in cryptocurrencies, possibly violating bail conditions.
The Dogecoin team does not plan to transfer the blockchain to the Proof-of-Stake (PoS) consensus algorithm.

"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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