Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?

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Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?
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 26 positions" across the Network." It stated that,... Read More: Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?
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Litecoin Whale Transactions Hits H2 2023 P...

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On-chain analysis examines Litecoin (LTC) bullish price prospects as miners and crypto whales’ transactional activity returns to pre-halving levels. The post Litecoin Whale Transactions Hits H2 2023 Peak – Will it Drive LTC Price to $80?  appeared first on BeInCrypto.

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EBA and ESMA Release Consultation Paper on...

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The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published a joint consultation paper on two draft guidelines. On October 19, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published joint guidelines that include granting authorization for asset-referenced tokens (ARTs) and crypto-asset service providers (CASPs) issuance and conducting prudential assessments for potential acquisitions.... Read More: EBA and ESMA Release Consultation Paper on Assessing Suitability for Crypto-Asset Service Providers

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Bank of America Unrealized Losses Top Reco...

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America’s banking crisis may be far from over, with one of its largest banks reporting an increasing amount of unrealized losses on its book. Nevertheless, banks are still raking in profits from high interest rates.  Bank of America has reported unrealized losses of $131.6 billion on securities in the third quarter, growing 24.4% from the […]

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