Bitmain Freezes Employee Salaries Amidst Financial Turmoil
Bitmain has taken the step of suspending employee salaries, both performance-based and basic wages, in response to ongoing financial difficulties and setbacks in its mining operations.
KikyoBitmain has taken the step of suspending employee salaries, both performance-based and basic wages, in response to ongoing financial difficulties and setbacks in its mining operations.
KikyoIn November, the fund wrote off all of the $275m (£222.8m) it invested in FTX.
OthersSushiSwap is on a quest to boost transparency after running a $30 million loss over the past 12 months.
OthersBTC price action stays in familiar territory as analysts discuss the true nature of estimate-beating payroll data.
CointelegraphBitcoin wages are becoming more common globally, particularly among “borderless” remote workers and in certain regions like Latin America.
CointelegraphCompass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
CointelegraphTether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions.
CointelegraphCryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said.
CointelegraphAt least seven professional NFL athletes are now turning to cryptocurrencies to help improve their bottom line and ensure they are well-off after their careers.
CointelegraphThe Bitcoin 2022 conference in Miami set the stage for the announcement followed by a panel with athletes Serena Williams, Odell Beckham Jr. and Aaron Rodgers.
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