Cryptocurrency

Britain is making plans to regulate the crypto industry in the wake of the collapse of FTX

Britain is making plans to regulate the crypto industry in the wake of the collapse of FTX

British Prime Minister Rishi Sunak speaks during a question and answer session at Teesside University, on January 30, 2023. Ole Scarf | wpa pool | Getty Images NewsS The United Kingdom has officially laid out plans to regulate the cryptocurrency industry, as the government looks to rein in some of the reckless business practices that …

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DCG Luno-owned cryptocurrency exchange accounts for 35% of the staff

DCG Luno-owned cryptocurrency exchange accounts for 35% of the staff

The worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on the price of Bitcoin this year. STR | Nurphoto via Getty Images Cryptocurrency exchange Luno is the latest company in the industry to lay off workers, with plans to cut 35% of its global workforce. Marcus Swanepoel, …

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Gemini cryptocurrency exchange provides 10% of the workforce

Gemini cryptocurrency exchange provides 10% of the workforce

Tyler Winklevoss and Cameron Winklevoss (LR), founders of cryptocurrency exchange Gemini, on stage at the 2021 Bitcoin Convention in Miami, Florida. Joe Riddle | Getty Images A spokesperson for cryptocurrency exchange Gemini said its staff numbers were cut by 10%. It’s at least the third round of cuts in less than a year for Gemini, …

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