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Russia to Launch Digital Ruble Transactions With Real Users in August


Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of the financial institutions. The trials are set to start weeks after Russia adopted dedicated legislation for the introduction of its new digital...

Terraform Labs Appoints New CEO While Co-Founder Remains in Jail 


Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the beleaguered blockchain project. Terraform Labs Finds...

Bitget Executive Reveals AI's Optimization of Crypto Exchange Operations


Cryptocurrency exchange Bitget is using artificial intelligence (AI) in a number of ways to provide better services for users and stay ahead of the curve.  During the Ethereum Community Conference in Paris, Gracy Chen, the managing director of Bitget, revealed that the exchange is utilizing...

Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring


Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...

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