NEM Foundation Charts Path Forward After $8 Million Rescue, Major Cutbacks

The NEM Foundation is mapping out its survival plans in real time after obtaining a funding injection of roughly $8 million last month and laying off most of its staff. The request to release 210 million XEM (the native token of the NEM blockchain) from reserves was approved by key members of the community on […]

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Bear Market Hinders Coincheck’s Stabilization Effort after $530 Million Theft

The bear market that the crypto industry is facing has had a lot of adverse effects, with companies shutting down services and laying off staff members in their droves. Japanese cryptocurrency exchange Coincheck seems to be the latest company to feel the brunt of the dire crypto market state, according to reports from Nikkei Asian […]

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