KuCoin refutes job-cut rumors, revealing plans to hire during the Crypto Winter
More than 3,500 employees are currently affected by massive job cuts in the crypto market, but the worst appears to be yet to come. Many other exchanges, including KuCoin, were reportedly identified as planning to reduce their workforce in recent weeks.
Blockchain.com Could Lose $270 Million Due to 3AC's Insolvency
Due to Three Arrows Capital's failure to repay loans as a result of its bankruptcy and liquidation, cryptocurrency exchange Blockchain.com may face a total loss of $270 million.
Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto payments in Russia amid financial restrictions imposed over its invasion of Ukraine.
Cosmos Blockchain Developer Ignite Fires Employees, CEO Peng Zhong Resigns
On Friday, Peng Zhong, CEO of Ignite, the firm behind the Cosmos blockchain ecosystem, announced his departure. Zhong's retirement comes only a few months after the company's name was changed from Tendermint to Ignite as part of a reorganization strategy.
FTX Has Canceled Acquisition Talks With Celsius Network
According to the most recent report on Thursday, June 30th, Bahamian cryptocurrency exchange FTX Derivatives Exchange declined a deal to acquire New Jersey-based crypto loan startup Celsius Network.
Only1 Introduces the First Web3.0 Social NFT Platform Based on Solana
Only1 Limited, a Hong Kong-based software development corporation, has announced the debut of its web3.0 social network named 'Only1.'
Bybit Introduces Futures Contracts with USDC Stablecoin Settlement
Bybit, a Singapore-based digital asset exchange, has expanded its crypto options trading services to users with the introduction of new futures contracts paid in USDC stablecoins.
BTSE Introduces BTC and ETH Earnings Products
BTSE, a digital asset exchange platform, has announced the availability of Bitcoin (BTC) and Ethereum (ETH) earn products.
火币将于7月1日永久关闭其泰国交易平台
香港上市的火币（Huobi）科技控股有限公司将于7月1日关闭其加密货币交易平台的泰国子公司。
El Salvador releases mock-up of Bitcoin City – what’s the verdict?
President Bukele tweets images of an architect's model of Bitcoin City, including artists' impressions of key sites.
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