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Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF

The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried.

Continue ReadingCrypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say

Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the…

Continue ReadingBanks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say