Search
Can stablecoins save US freelancers from Venmo fee hike? Industry weighs in
24.5.2024
According to Dan Romero, as Venmo introduces higher fees, stablecoins could emerge as a potential lifeline for 1099 workers
BlockDAG promises the next big win: Office worker strikes gold with Solana, now aiming for a 30,000x ROI with BDAG
14.5.2024
Success stories like that of an office worker who turned a desperate investment in Solana into over $20,000 are truly inspiring. BlockDAG, a newcomer in the blockchain arena, aims to offer similar opportunities. Highlighting a remarkable potential for a 30,000x return on investment, this...
Report Reveals Chinese Workers Converting Earned CBDC To Cash
13.5.2024
Workers in China are not very enthusiastic about the digital money issued by the nation's central bank (CBDC). According to a research published on May 13, several employees who receive their pay in digital yuan (e-CNY) quickly turned the asset into fiat money.
The post Report Reveals Chinese...
Chinese workers paid in CBDC are cashing it out for real money: Report
13.5.2024
Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency
IGN Staff Announce New Union Amid 'Hectic Media Landscape'
6.2.2024
Today, editorial and creative workers at the popular video game and entertainment site IGN announced that they are unionizing with the NewsGuild-CWA. Read more
Polygon Labs Lays Off 19% of Staff Following Restructuring, Increases Workers’ Pay by 15%
1.2.2024
Polygon blockchain developer Polygon Labs has cut 19% off its workforce, according to a blog post published by CEO Marc Boiron on Thursday. Polygon Labs Lays Off 60 Employees Boiron called the decision “difficult, but necessary” to ensure the team’s “extreme focus, diligence, efficiency...
Microsoft Cuts Nearly 2,000 Video Game Workers' Jobs
25.1.2024
Another day, another layoff. This time, the staff cuts are happening at Microsoft, with IGN reporting that nearly 2,000 employees at the Xbox maker were let go.Read more
Near Foundation Cuts Staff by 40%, CEO Says Organization Is in Good Financial Health
13.1.2024
The NEAR Foundation recently said it has let go of 35 workers as part of a realignment exercise that sees it “focus on a narrower and higher-impact set of activities.” The foundation’s CEO insisted that the job cuts did not in any way indicate that his organization was facing...
290,000 S Korean Public Sector Employees Forced to Declare Crypto Holdings
3.1.2024
Source: promesaartstudio/Adobe Around 290,000 South Korean public sector workers will be forced to declare their crypto holdings starting from February. Per Maeil Kyungjae, the Ministry of Personnel Management has declared that the rule will also apply to employees’ spouses and next of kin....
Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%
28.12.2023
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help these workers secure new jobs in the Web3 space....
Starfield Testers Had To Unionize To Get A Copy Of The Game
8.12.2023
Microsoft has agreed to add 77 temporary game testers the recently established quality assurance union at ZeniMax Studios. In a breakthrough moment for the industry’s growing labor movement, 23 of the workers will become full-time, while all will get raises and free copies of Starfield,...
Robert Kiyosaki’s Advice: Get Into Bitcoin Now ‘Before It’s Too Late’
27.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to get into bitcoin and ditch fiat money now “before it’s too late,” reiterating that workers and savers in U.S. dollars are losers. Kiyosaki has made a number of bullish predictions about the price of bitcoin...
Workers Accuses Sega Of Threatening Mass Layoffs Over Unionizing
16.11.2023
Workers at Sega of America say the publisher behind Persona, Yakuza, and more beloved gaming franchises is trying to lay them off as retaliation for unionizing. A new unfair labor practice filed by the Communications Workers of America accuses Sega of forcing employees into a meeting where they...
Roblox to End Remote Work Policies; Metaverse and Digital Workspaces ‘Still Not There’
21.10.2023
Roblox, a metaverse gaming company, has recently announced the end of its remote work policies, calling all but a few workers to work from its headquarters in San Mateo, California. Roblox founder and CEO David Baszucki stated that the metaverse and digital workspaces were still not...
Caroline Ellison testimony: SBF bribed Chinese officials for $150M to unfreeze funds
12.10.2023
Caroline Ellison, the star witness in the Sam Bankman-Fried criminal trial, testified that SBF tried to use identities linked to Thai sex workers to unfreeze funds before bribing Chinese officials for millions
Alameda’s $150M Bribery Bombshell: Thai Sex Workers and Sam Trabucco’s Disappearance Fuels Mystery
12.10.2023
In a riveting development, Caroline Ellison’s recent testimony revealed that Alameda Research is believed to have shelled out a whopping $150 million to Chinese officials to unlock accounts valued over $1 billion. The narrative thickens as the former co-CEO, Sam Trabucco, has seemingly...
When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says
4.10.2023
Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made it impossible for them to sell for longer
Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?
3.10.2023
The bear has claimed more victims: blockchain and smart-contract platform Chia Network announced today that it has fired nearly 30 of its staff, at the time the company is making moves to go public in the US.
According to the post on the project's Twitter account, Chia has "eliminated...
More Chinese Firms Paying Workers in Digital Yuan
13.9.2023
More Chinese companies are using the digital yuan to pay their workers, as Beijing looks to spur the adoption of its CBDC.
Per the Huizhou Daily, the latest firm to trial paying staff in CBDC is a state-run bureau, a body that overseas finances at the Zhongkai High-tech Industrial Development...
AI unlikely to destroy jobs, but cost to certain workers may be 'brutal' — UN study
22.8.2023
A study from the United Nations agency International Labour Organization suggests AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others