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Crypto Exchange Coinbase Slows Hiring Amid Market Downturn


Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase...

Do Kwon’s Plan for New Terra Blockchain Becomes ‘Final’


  A plan to revive the Terra (LUNA) ecosystem by creating a new blockchain without an algorithmic stablecoin has been designated as “final” by Terraform Labs CEO and co-founder Do Kwon. By creating a new blockchain with its own native token, Do Kwon’s revival plan would airdrop the new token...

Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report


Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...

Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen


FTX chief Sam Bankman-Fried spent hours before U.S. lawmakers Thursday defending his request to allow customers to directly clear margin-backed crypto derivatives. The existing derivatives industry and its allies argued he’s seeking a power that could stretch well beyond crypto

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