Block Announces Layoffs, Emphasizes ‘Leaner’ Operations
Block Inc., a financial payment processing company co-founded by Jack Dorsey, the creator of Twitter, has reportedly laid off more than 1,000 of its employees....
Rapid Advancements Dispel Fears of Quantum Winter in 2024
According to a recent report titled "IQM–OpenOcean–Lakestar State of Quantum 2024," the quantum computing sector is expected to recover in 2024 following a 50% decrease...
China’s Top Company Shifting to AI Amid Gaming Profit Decline
Tencent, the most valuable company in China, has announced its plans to shift its focus towards artificial intelligence (AI). This decision comes as the company's...
Coinbase Introduces Conversion Fees Above $75M Monthly Volume
Coinbase, the largest cryptocurrency exchange in the United States, has implemented commission fees for conversions from USDC (USD Coin) to USD, surpassing $75 million. Members...
UAE’s First Digital Dirham Transfer on mBridge CBDC Platform
The first cross-border digital dirham transfer using the mBridge central bank digital currency (CBDC) platform was conducted by the central bank of the United Arab...
NYC Bar Association Advocates for Crypto Law Reforms to Retain Firms
The New York City Bar Association is proposing a new amendment that aims to encourage cryptocurrency companies to establish their headquarters in New York. The...
HyperVerse’s Alleged $1.7B ‘Ponzi’ Scandal: Fake CEO and Promised HK Listing
According to a lawsuit filed by the U.S. Securities and Exchange Commission (SEC), two individuals, Xue Lee (aka Sam Lee) and Brenda “Bitcoin Beautee” Chunga,...
