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Business

eToro downsizes global workforce citing market conditions
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12 July, 2022

eToro downsizes global workforce citing market conditions

The company cites the current market conditions as one of the reasons for the move; the layoffs will affect around...
Bitstamp withdraws plans to charge users ‘inactivity fee’ after community uproar
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12 July, 2022

Bitstamp withdraws plans to charge users ‘inactivity fee’ after community uproar

Bitstamp stated that it is no longer proceeding with the plan, and all customers can continue to use the exchange...
Celsius: New lawsuit from ex-employee accuses digital assets lender of fraud
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11 July, 2022

Celsius: New lawsuit from ex-employee accuses digital assets lender of fraud

The suit accuses Celsius as a Ponzi scheme and states that the lender refused to honor its contractual obligation to...
Scandal-ridden Compass Mining lays off 15% of workforce, slashes exec salaries by 50%
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11 July, 2022

Scandal-ridden Compass Mining lays off 15% of workforce, slashes exec salaries by 50%

Just weeks after its CEO and CFO resigned, Compass Mining has announced layoffs and salary cuts, claiming it grew too...
US, South Korea agree to share investigation data related to Terra collapse
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11 July, 2022

US, South Korea agree to share investigation data related to Terra collapse

South Korea has agreed with the United States to share digital asset crime investigation data and make joint efforts to...
SOL investors sue Solana Labs and VC firm Multicoin over securities laws violation
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11 July, 2022

SOL investors sue Solana Labs and VC firm Multicoin over securities laws violation

Many factors make Solana a bad investment, but the lawsuit is based on securities violations, and an investor believes that...
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