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Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed


Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...

Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin


The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing. The PBoC has also rushed to insist that a digital yuan rollout will not spark...

Bankera Launches Bank Account Alternative Focused on Crypto Businesses


Bankera, an ambitious project to build a neobank for the digital era, has started to offer payment accounts to individual and business clients as a low-cost, fast and convenient alternative to traditional bank accounts. Individual and business clients who sign up to the service can already enjoy...

Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket


Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom. And it seems that even though some leading companies have been going to great pains to distance...

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