The number of new non-farm payrolls exceeded expectations, and government employees decreased for three consecutive months. Trump praised the US job market and continued to call on the Federal Reserve to "cut interest rates quickly"... A picture to understand the US non-farm payroll report for April 2025
Bybit posted a reminder on the X platform that fraudsters will impersonate Bybit employees, reminding the community to be vigilant. Bybit will never ask for personal information, deposits or passwords. Be sure to carefully check official sources and report any suspicious situations. If you feel there is a problem, it is likely that there is a problem. Be careful.
According to the New York Times, the IRS will begin laying off about 6,000 employees on Thursday.
According to CNBC, OpenAI CEO Sam Altman told employees that the board has not yet seen any official information from Musk.
BlackRock (BLK. N), which expanded its business in private-market assets and data last year with acquisitions worth more than $25 billion, has told its employees it will cut about 1 percent of its workforce. BlackRock president Rob Kapito and chief operating officer Rob Goldstein told employees in a memo on Wednesday that they plan to realign resources with strategy through layoffs and other measures. The company has more than 21,000 employees, meaning about 200 people will be affected.
Backpack Exchange, founded by former FTX and Alameda employees, has acquired the bankrupt FTX former European entity for $32.70 million to expand the derivatives business it offers in the region. FTXEU was one of the business units that ultimately went bankrupt after FTX collapsed in 2022. As part of the acquisition, Dubai-based Backpack will be responsible for distributing FTXEU customers previously court-approved FTX bankruptcy claims of around 53 million euros ($55 million). Yesterday, it was...
Backpack Exchange, founded by former FTX and Alameda employees, has received approval from the Cyprus Securities and Exchange Commission and the FTX Bankruptcy Court to formally acquire FTX EU. Backpack Exchange will be responsible for distributing the bankruptcy claims of FTX EU users previously approved by the court. The exchange, valued at $120 million in its Series A funding round in early 2024, has been granted Dubai VARA and European Union MiFID II licenses. Scheduled to go live in Quarter...
Google (GOOG. O) CEO Richard Pichai told employees last week that 2025 was "high stakes, high stakes" as the company faces increasing competition, regulatory hurdles and rapid advances in artificial intelligence. Pichai said "building big new businesses" was a top priority, including the Gemini app. Executives said they believed Gemini would be a...
Bleap, a "blockchain bank account" founded by former Revolut employees Joao Alves and Guilherme Gomes, closed a $2.30 million seed round led by Ethereal Ventures. Other participants included institutions such as Maven11 and Alliance DAO, as well as executives from Revolut, Phantom and OKX. The round valued the company at $10 million.
According to CNBC, OpenAI has received a new $1.50 billion investment from SoftBank, allowing employees to sell shares through a tender offer.
On November 20th, there were rumors today that "employees of Phantom Square Quantitative were arrested because they were involved in brokerage rebates", and some employees assisted in the investigation for personal reasons. In this regard, a person from Phantom Square Quantitative told reporters that Li Cheng, the marketing director of Phantom Square Quantitative, is indeed assisting the police in the investigation. But whether it involves rebates, the company does not know. "At present, Mr. Li ...
The statement shows that AMD (AMD. O) will lay off about 4% of its global workforce.
According to the official account of the Changzhou Economic Development District Procuratorate, an employee of a company in Changzhou was addicted to speculating in virtual currencies after being exposed to a kind of virtual currency called KK coin. In order to raise capital, he fabricated reasons to defraud more than 1.97 million yuan from 16 colleagues, which was used for virtual currency trading on online gambling platforms. The Changzhou Economic Development District Procuratorate filed a pu...
A group of former U.S. government employees and compliance officials now working in the cryptocurrency industry have protested in front of the United Nations in solidarity with Binance Financial Crimes compliance chief Tigran Gambaryan, who has been detained in Nigeria since February. Gambaryan is on trial for money laundering and is being held in the notorious Kuje prison, where his health has deteriorated. Amanda Wick, a former federal prosecutor who organized the protest, stressed that Gambar...