Telegram has launched Fragment, a username auction platform built on the TON blockchain
Telegram founder Pavel Durov said in a message on the app early this morning that, as previously promised, the ability to buy Telegram usernames on the dedicated platform Fragment has now been rolled out and the username auction has begun. Additionally, the ability to sell existing usernames on Fragment will roll out in a few days. Pavel Durov said that this is the first time in the history of social media to create a fair and transparent username market, people will have ownership of their s...
Basel Committee on Banking Supervision Approves Crypto Banking Rules to be Implemented in 2025
The Basel Committee on Banking Supervision (BCBS) has approved its global crypto banking rules, which will come into force on Jan. 1, 2025, according to a statement Friday. The BCBS, the main global standard-setter for prudential regulation of banks, recommends that banks should have no more than 2% exposure to certain crypto assets and usually less than 1%. These specific assets are tokenized traditional assets, including NFTs, stablecoins, and unsecured cryptoassets that do not qualify for ...
The bottom 20% employees of Binance this year may not have year-end bonuses
According to Wu said, Binance has suspected that it has announced that the bottom 20% of employees in this year’s performance ranking will not have year-end bonuses. Some teams have announced this news to employees, but there has been no company-level notification. It is uncertain whether the policy will change in the future. Binance bonuses will be distributed before the Spring Festival. Last year, some Binance team bonuses even exceeded 20 months. Since the beginning of this year, the globa...
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Telegram has launched Fragment, a username auction platform built on the TON blockchain
Telegram founder Pavel Durov said in a message on the app early this morning that, as previously promised, the ability to buy Telegram usernames on the dedicated platform Fragment has now been rolled out and the username auction has begun. Additionally, the ability to sell existing usernames on Fragment will roll out in a few days. Pavel Durov said that this is the first time in the history of social media to create a fair and transparent username market, people will have ownership of their s...
Basel Committee on Banking Supervision Approves Crypto Banking Rules to be Implemented in 2025
The Basel Committee on Banking Supervision (BCBS) has approved its global crypto banking rules, which will come into force on Jan. 1, 2025, according to a statement Friday. The BCBS, the main global standard-setter for prudential regulation of banks, recommends that banks should have no more than 2% exposure to certain crypto assets and usually less than 1%. These specific assets are tokenized traditional assets, including NFTs, stablecoins, and unsecured cryptoassets that do not qualify for ...
The bottom 20% employees of Binance this year may not have year-end bonuses
According to Wu said, Binance has suspected that it has announced that the bottom 20% of employees in this year’s performance ranking will not have year-end bonuses. Some teams have announced this news to employees, but there has been no company-level notification. It is uncertain whether the policy will change in the future. Binance bonuses will be distributed before the Spring Festival. Last year, some Binance team bonuses even exceeded 20 months. Since the beginning of this year, the globa...
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Argentine cryptocurrency exchange Lemon Cash announced layoffs of 38%, about 100 employees, citing a challenging industry environment and a lack of clear recovery prospects in the venture capital market. Both Argentina and Brazil offices were affected, Chief Executive Marcelo Cavazzoli said in an interview. In July 2021, Lemon completed a US$16.3 million Series A financing led by British fund Kingsway Capital. On Nov. 3, Lemon withdrew nearly all of the funds invested in Alameda Research, leaving only a “small portion” invested in Lemon by FTX Ventures. The exchange does not expect to recover the funds, Cavazzoli said. Additionally, Lemon released a certificate of reserves and a certificate of liabilities certified by auditors last week. Founded in 2019, Lemon has 1.6 million users in Argentina and has issued 760,000 prepaid crypto cards.
Argentine cryptocurrency exchange Lemon Cash announced layoffs of 38%, about 100 employees, citing a challenging industry environment and a lack of clear recovery prospects in the venture capital market. Both Argentina and Brazil offices were affected, Chief Executive Marcelo Cavazzoli said in an interview. In July 2021, Lemon completed a US$16.3 million Series A financing led by British fund Kingsway Capital. On Nov. 3, Lemon withdrew nearly all of the funds invested in Alameda Research, leaving only a “small portion” invested in Lemon by FTX Ventures. The exchange does not expect to recover the funds, Cavazzoli said. Additionally, Lemon released a certificate of reserves and a certificate of liabilities certified by auditors last week. Founded in 2019, Lemon has 1.6 million users in Argentina and has issued 760,000 prepaid crypto cards.
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