Bitmain Co-Founder Dismissed & Argues Layoffs Aren’t Necessary

Bitmain Co-Founder Dismissed & Argues Layoffs Aren’t Necessary

The co-founder of Bitmain has left the mining firm after being dismissed by the CEO of the company. Being one of the biggest crypto mining firms in the world, it’s hard to keep things private to just the company. News has surfaced that suggests the firm is getting ready to slash half of its workforce. The co-founder of Bitmain, Micree Ketuan Zhan has left the mining firm after being dismissed by Jihan Wu, the CEO of the company. Since then, Zhan has publicly opposed layoffs at the miner. No Layoffs Being one of the biggest crypto mining firms in the world, it’s...

China’s Central Bank Completes Top-Layer Design On Digital Yuan

China’s Central Bank Completes Top-Layer Design On Digital Yuan

If 2019 was the year central banks dipped their toes into sovereign digital currencies, 2020 seems to be the year they go all in. People’s Bank of China [PBoC], the central bank of China, stated that the top-layer design on the central bank-issued digital currency [CBDC] has been completed. According to Molly from HashKey Hub, the central bank mentioned that the “joint testing” for the DC/EP – Digital Currency Electronic Payment system, referred to as the digital version of their fiat currency, the yuan, has concluded. She tweeted, On the implementation of financial standards, the report described the impact as “effective.” The implementation...

?php /** * @package WordPress * @subpackage Magazilla * @version 1.0.0 * * Website Footer Template * Created by CMSMasters * */ $cmsmasters_option = magazilla_get_global_options(); ?>
?php get_sidebar('bottom'); ?>