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Brazilian crypto company 2TM cuts more than 80 employees

Brazilian crypto company 2TM cuts more than 80 employees

The cutbacks come about a week after Brazilian crypto exchange Bitso dismissed 80 workers.

The post Brazilian crypto company 2TM cuts more than 80 employees appeared first on The Block.

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FTX launches licensed crypto exchange service in Japan

Four months after acquiring a Japanese licensed crypto exchange, FTX has launched FTX Japan to service customers in the country.

The post FTX launches licensed crypto exchange service in Japan appeared first on The Block.

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Central African Republic announces plan to tokenize country’s minerals

After legalizing bitcoin, the Central African Republic is now moving forward with plans to tokenize access to its vast mineral resources.

The post Central African Republic announces plan to tokenize country’s minerals appeared first on The Block.

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Binance Labs loses top two executives

Binance’s VC arm has lost two veteran employees, The Block has learned. 

The post Binance Labs loses top two executives appeared first on The Block.

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Japan passes stablecoin bill ensuring redemption at face value, Bloomberg says

Governments are looking to protect stablecoin investors after TerraUSD’s implosion led to multibillion-dollar losses from an asset that had been touted as safe.

The post Japan passes stablecoin bill ensuring redemption at face value, Bloomberg says appeared first on The Block.

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New York Senate passes moratorium on proof-of-work mining

The New York Senate this morning passed a bill that imposes a moratorium on new proof-of-work cryptocurrency mining operations in the state.

The post New York Senate passes moratorium on proof-of-work mining appeared first on The Block.

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Coinbase extends hiring freeze, will rescind some accepted offers

Coinbase is rescinding some accepted job offers and extending an existing pause on hiring new candidates as part of an effort to adjust to the macro environment and general volatility in crypto, according to a blog post published Thursday evening. 

The post Coinbase extends hiring freeze, will rescind some accepted offers appeared first on The Block.

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Bitcoin mining stock report: Thursday, June 2

Here’s how crypto mining companies performed on Thursday, June 2.

The post Bitcoin mining stock report: Thursday, June 2 appeared first on The Block.

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El Salvador still not ready to launch bitcoin bond, finance minister says

El Salvador’s leaders still don’t think the market conditions are right for the launch of the nation’s much-hyped bitcoin bond.

The post El Salvador still not ready to launch bitcoin bond, finance minister says appeared first on The Block.

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Layer by Layer Issue 33: Ethereum, Cosmos and Polkadot

Quick Take

  • In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
  • As the Ethereum merge approaches, concerns about technical and centralization risks have begun to arise
  • In the Cosmos and Polkadot ecosystems, developers are continuing to build protocols that leverage interchain connectivity in order to tap into a broader user base

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