Luno cuts workforce after crypto downturn
Luno has reduced its workforce as the cryptocurrency exchange restructures its business following a prolonged slowdown in digital asset markets.
Luno has reduced its workforce as the cryptocurrency exchange restructures its business following a prolonged slowdown in digital asset markets.
Enish has approved a digital asset investment fund of up to ¥1 billion to invest in Bitcoin (CRYPTO:BTC) and selected altcoins.
The US Department of Justice (DOJ) charged cryptocurrency investor William "Will" Iza with allegedly operating a US$20 million fraud scheme that prosecutors said targeted dozens of investors.
Ethereum (CRYPTO:ETH) is taking on a different role in the digital asset market as the rapid growth of perpetual futures trading shifts demand towards its use as trading infrastructure rather than a speculative asset.
Ken Wong, Asian Equity Portfolio Specialist at Eastspring Investments, breaks down where investors can find opportunities amid an on-and-off selloff in AI-related equities, pointing to electronic component companies as a strong contender.
Hungary has abolished its national cryptocurrency validator checks to align its regulations with the Markets in Crypto-Assets (MiCA) framework, simplifying compliance for digital asset businesses.
Bitcoin Cash (CRYPTO:BCH) continued to trade below US$200, with technical indicators suggesting the cryptocurrency remained in a broader bearish trend despite a recent recovery attempt.
Hans Patuwo, CEO of GoTo Group, discusses the Indonesian ride-hailing and food delivery firm's 2Q results, marking a consecutive quarter of net income. He outlines the company's outlook and addresses its stock price, which has hovered at the lowest level permitted for regular trading under Jakarta exchange rules. He speaks with Haidi Stroud Watts on "Bloomberg: The Asia Trade".
US senators are discussing tougher ethics rules for the Digital Asset Market Clarity Act after some Democrats rejected an earlier compromise on President Donald Trump's crypto interests.
Consolidated Portfolio Review disclosed a holding of 10,500 shares in the Teucrium 2x Long Daily XRP ETF, according to a recent regulatory filing.
Airbus is on track for its delivery targets and looking into smaller defense deals in its M&A efforts, CFO Thomas Toepfer tells Bloomberg's Romaine Bostick.
Tether has launched its USAT stablecoin on the Celo blockchain, marking the token's second mainnet deployment as the company expands access to tokenised assets across multiple networks.