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1 min read

More job cuts in the crypto world: US' Circle is latest to lay off staff, trim non-core investments

US-based cryptocurrency company Circle which manages stablecoin USDC (USD Coin), has announced that…

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2 mins read

After F&O trading platform, CoinSwitch's founders launch zero-commission Mutual Funds with Lemonn

PeepalCo's Lemonn platform is now offering zero-commission Mutual Funds, competing with top Indian …

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5 mins read

I worked at SpaceX. It was the most ruthlessly efficient company I've ever worked for.

Vincent Peters spent four years working at SpaceX in compliance. He said it was the most efficient …

Jamie Killin   


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11 mins read

What is cryptocurrency? What to know about this increasingly popular digital currency before investing

Cryptocurrencies are decentralized, digital currencies that use blockchain technology to manage tra…

Louis DeNicola,Tessa Campbell   


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3 mins read

This company wants to slash corporate bureaucracy and let employees manage themselves. Could it work?

The CEO of Bayer, a pharmaceutical giant, hopes to transform the workplace by getting rid of bosses…

Lloyd Lee,Tim Paradis   


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5 mins read

I quit my director job at Goldman Sachs to start my own company. There's always a cap if you're an employee.

A trader at Goldman Sachs quit to start a crypto company during the crash. He said a slump is the b…

Lauren Crosby Medlicott   


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2 mins read

US law firms ramp up London talent war with huge junior lawyer salaries and high-profile hires

US law firms are offering huge starting salaries for junior lawyers and poaching elite senior talen…

Polly Thompson   


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2 mins read

Circle tells congress its coin is '100%' backed by cash and short-term US debt as lawmakers scrutinize stablecoins

Circle CEO Jeremy Allaire and other crypto executives testified at a House Financial Services Commi…

Carla Mozée   


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17 mins read

Inside the company that has discovered the ultimate cash cow: teenage athletes

Michael Schwimer calls his company "Shark Tank for athletes." Critics call it indentured servitude.

Joseph Bien-Kahn   


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2 mins read

Coinbase owns up to mistake over USDC promise, says the stablecoin will be backed by cash and US Treasurys from September

Coinbase said it didn't update its claim USDC is "backed by a dollar in a bank account" fast enough…

Camomile Shumba   


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1 min read

China is Binance's biggest market despite its ban on cryptocurrency trading, report says

Crypto assets worth $90 billion were traded on Binance in China in May, The Wall Street Journal rep…

Joseph Wilkins   


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2 mins read

Cannabis company inks deal with Circle K to bring weed to Florida gas stations

Green Thumb Industries has signed a deal with Circle K to bring weed to gas stations in 2023, but n…

Jordan Hart   


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4 mins read

On the importance of eliminating bias in AI-based recruitment

Experts believe that leaders who don't currently have a framework in place for frequently reviewing…

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2 mins read

The next Apple or Amazon will be a company built on blockchain — and it'll be based in Asia, not the US, a cryptocurrency chief says

"I haven't heard any specific plans from Biden or anyone on bitcoin regulation but there needs to b…

Shalini Nagarajan   


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7 mins read

Wall Street's sharks are circling 'dumb and greedy' banks on the verge of failing

The banking crisis could send the stock market into chaos. The Wall Street investing sharks who thr…

Linette Lopez   


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1 min read

US regulators are reportedly meeting with DeFi companies as scrutiny of crypto builds

DeFi insiders have complained that regulators often do not understand the industry, creating bad fi…

Ethan Wu   


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3 mins read

'King Dollar' is in no danger of losing supremacy to the yuan or cryptocurrencies because of its dominance in trading, a chief economist says

"The reality is the dollar can't be avoided and it will remain the dominant currency in trading and…

Shalini Nagarajan   


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2 mins read

Goldman Sachs-backed crypto payments group Circle aims to become a full-reserve national digital bank

Digital payments company Circle plans to become a full-reserve national commercial bank, according …

Camomile Shumba   


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Walmart is the next big company with plans for the metaverse

The retailer joins a slew of businesses rushing to capitalize on Web3 and the metaverse.

Francis Agustin   


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3 mins read

Tether was once the stablecoin king. Now its dominance is threatened by newcomers and legal uncertainty.

Even as tether's legal troubles ramp up, the stablecoin has in some ways already become less releva…

Ethan Wu