Tag: crypto industry

Jul 15 2022

‘Prolonged Downturn’: Here Are Latest Crypto Companies To Cut Jobs

Jul 15 2022 Published at Coingape under tags  crypto companies crypto industry jobs news

Crypto companies such as Coinbase, BitPanda, Gemini, Bybit have already announced layoffs after huge headwinds with the market crash. More recently, another exchange Huobi was said to be considering massive layoff plans due to revenue losses. The crisis surrounding the crypto credit market has made things worse for all stakeholders in the industry. Anticipating Crypto...

Apr 26 2022

Crypto Influencers Are Moving To Puerto Rico Because Of The Tax Laws. Positive?

The latest The Times article qualifies Puerto Rico as “home to one of the world’s first cryptocurrency communities.” Are they exaggerating or are they on to something? Apparently, favorable tax laws have brought “10,000...

Feb 02 2022

Bitcoin And Crypto Prices Boost As India Embraces Cryptocurrency

After years of confusion over India's attitude on cryptocurrency, Finance Minister...

Oct 09 2021

China Plans To Add Crypto Mining To Negative List Of Industries To Invest In

China has once again reinforced its position on cryptocurrencies. Even though crypto mining is illegal in the country, some have chosen to operate illegally. To this effect, China has added crypto-mining to the ‘negative list’ of industries. This latest effort means that investors can no longer invest in the crypto mining sector. A document released by two National Authorities...

Aug 21 2021

Legal Expert: Treasury Department Plans To “Capture DeFi”

The emergency cryptocurrency provisions in the United States infrastructure bill target DeFi says Jake Chervinsky. During a podcast on Bankless State of the Network, the general counsel for Compound and DeFi’s Chairman of the Blockchain Association declares that infrastructure bills have "blindsided” the industry through cryptocurrency tax...

Feb 03 2021

President Biden Freezes Crypto Regulations

During his first day as president, Joe Biden froze the crypto KYC regulation on January 20th with a 60-day duration. The decision comes as president Biden wants to develop further studies on the crypto industry and potential regulation before deciding whether to approve it or reject the Trump administration’s KYC regulation. KYC or Know Your Customer is the process in which a financial...

Jan 29 2021

Margex Exchange Review: Is It a Safe Exchange?

Margex is a next-gen Bitcoin-based derivatives trading platform, where you can trade with up to 100x leverage on all available pairs such as Bitcoin, Ethereum, Yearn.finance, and more against the USD. Margex introduces a custom- built exchange made from the ground up in order to provide the ultimate trading experience. Accompanied by a user-friendly...

Dec 15 2020

Merging the Agricultural and Crypto World Through Flaming Farm

Agriculture is among the oldest industries in the world. Most of its processes are usually manual such as the physical tilling of land, planting, cultivation, harvesting, and transportation to markets. On the contrary, the crypto industry is very young, first launched in 2009 through bitcoin. It is also, by and large, a digital industry, involving value […] The post...

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