Recent reports indicate that Chinese crypto mining giant Bitmain is rapidly scaling down its operations, potentially laying off as much as 85% of its workforce, as it feels the impact of the cryptocurrency market decline. “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business. A part […]
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Nasdaq-Listed “Blockchain” Companies Hit With New Legal Troubles
Adding “Blockchain” to the name of their firms have proved to be very beneficial to the top management of publicly listed companies over the past year. However, this tactic also attracted negative attention from regulators, and now two Nasdaq firms are facing additional troubles.
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