Tag Archives: cuts

[ad_1] Driven by a faster-than-expected return of Libyan oil production, OPEC’s crude oil production increased by 750,000 barrels per day (bpd) in November, the fifth consecutive increase in the cartel’s production, according to the monthly Reuters survey. OPEC’s 13 members produced a total of 25.31 million barrels a day in …

[ad_2][ad_1] Coinbase reduces margin trading. Binance wipes out US clients. OKEx is offering discounts to customers affected by its five-week hiatus. Upper shelf Tax modificationCoinbase will no longer send customers 1099-K, the US tax form that led the Internal Revenue Service (IRS) to mistakenly think that traders had underestimated their …

[ad_2][ad_1] In the letter The price of XRP reached $ 0.49 around midnight UTC. Since last weekend, the price of XRP has risen by 66.40%, making it the leading best-performing cryptocurrency of the week. The price of the (now) third-largest cryptocurrency by market cap then dropped to $ 0.42. The …

[ad_2][ad_1] Nasdaq-listed Marathon Patent Group has entered into a joint venture agreement with US independent energy producer Beowulf Energy to provide low-cost electricity for its bitcoin mining operations in the north of the country. In a statement on Tuesday, Marathon said it will co-locate a bitcoin mining facility inside Beowulf’s …

[ad_2][ad_1] Ripple (XRP) is definitely a standing ovation in the crypto space not only for its undeniable case of use of the real world, but for its vitality and efficiency in the remittance sector, making the banks and other financial institutions they see its instrument as a conditio sine qua …

[ad_1] Leading Bitcoin Startup Cuts 37 Staffers Weeks ago, Dovey Wan, a partner of Primitive Capital, an industry leader in cryptography and informer (of sorts), took his well-followed Twitter soapbox to point out that he expects further redundancies for 2019. Referring to the fact that the staff the holiday season …

[ad_1] Cryptographic exchange ShapeShift has announced a series of layoffs, citing a series of difficulties including a difficult market climate. In a post published on Tuesday, CEO Erik Voorhees wrote that the startup had fired 37 employees or a third of his staff. He described the process as "a deep …

[ad_2][ad_1] Bitcoin A new study shows that Bitcoin and crypto-hodlers are in it for a long time. According to a new DailyFX report, 77.5% of retail cryptographers remain long on Bitcoin, the highest number since November last year. "Bitcoin: data from retail traders show that 77.5% of traders are net …

[ad_2][ad_1] The Government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity problems, the Chernomorenergo RUE state power utility announced in a Facebook post on December 31st. For the announcement, Chernomorenergo stopped supplying 15 plants with a total capacity of 8,950 kilowatt hours …

[ad_1] Business study Ethereum ConsenSys is extinguishing or cutting funding for a number of startups in its portfolio, or "spokesman" in the corporate language, three sources with knowledge of the situation tell CoinDesk. According to a report published Thursday by The Verge, around 50 percent of the 1,200-person workforce of …