As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
Tagged By blockchain
Jason Calacanis Is Right About ‘Grifting’ Crypto VCs (but Confused)
Now, Jason is not Chamath. Mere association doesn’t mean Calacanis bears responsibility for his colleagues’ potentially fraudulent activity (former PayPal exec David Sachs, also …
Education Tech Company Hit With Securities Suit After China’s Recent ‘Crackdown’ On After-School Tutoring Businesses
Education & Technology Group, members of its board, BofA Securities, Morgan Stanley and other defendants were hit with a securities class action Tuesday in California Central District Court. The suit, …
Tencent to shut down Chinese NFT platform Huanhe a year after launch, report says, amid declining market
China’s ban on secondary trading of digital collectibles has killed the platform’s business potential, local media reported Tencent has been forced to take strict measures to curb NFT reselling, and …
This Week in the Metaverse: Crypto’s ‘Lehman Brothers moment,’ Tesla dumps Bitcoin holdings
Things are moving fast in the metaverse, and in the wider world of Web3 as a whole. Depending on who you ask, this futuristic, blockchain-based space is either the next big thing for marketing —…
China’s billionaires want to flee the country, and take $60 billion of wealth with them on their way out
In June, a Shanghai billionaire set social media ablaze by vowing to “move abroad by next year.” He’s far from the only one.
China’s PM says all foreign students can return, as country considers increasing international flights
China’s Premier Li Keqiang has said all international students may return to China as the country considers increasing international flights more than two years into the pandemic. Tens of thousands of …
China Fines Didi Global $1.19bn for “Heinous” Data Security Infringements
The fine was issued for violating the country’s network security law, data security law and personal information protection law …
China could shift to fully reusable super heavy-launcher in wake of Starship
China’s launch vehicle makers appear to be designing a fully reusable version of the Long March 9 super heavy-lift rocket needed for future megaprojects.
Hsiao, US task force talk about China threat
Representative to the US Hsiao Bi-khim (蕭美琴) on Wednesday participated in a roundtable discussion with the US House of Representatives China Task Force to discuss deterring the Chinese threat toward …
Flowing Cloud Technology Files for Hong Kong IPO Amid Metaverse Frenzy
Flowing Cloud started as a games developer in 2008 and launched its first AR/VR platform in 2017 Gains in revenue and profit have been steady but the low-margin …
Blockchain Bros Should Beware India’s Crypto Crackdown
China has banned cryptocurrencies outright, and the West is looking to regulate them. India is taking a different approach: Tax them to death. One of the world’s most spectacular crackdowns on …
Steel prices at premium as China quits export market
After lying low for the last two months, domestic steel prices are being quoted at a premium over imports as shipments from China are being delayed due to a sharp fall in their production. Domestic…
