# Huobi confirms 20% layoffs, denies insolvency rumors

# Huobi confirms 20% layoffs, denies insolvency rumors

” Huobi confirms 20% layoffs, denies insolvency rumors “ Huobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring following Justin Sun’s acquisition of the firm. “The planned layoff ratio is about 20%, but it is not implemented now,” a spokesperson for Huobi said in a…

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#FTC proposes rule that would ban noncompete clauses

#FTC proposes rule that would ban noncompete clauses

“FTC proposes rule that would ban noncompete clauses” The Federal Trade Commission proposed a rule Thursday that would ban US employers from imposing noncompete clauses on workers, a sweeping measure that could make it easier for people to switch jobs and deepen competition for labor across a wide range of industries. The proposed rule would prevent employers…

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#Job openings stayed high in November in blow to Fed

#Job openings stayed high in November in blow to Fed

“Job openings stayed high in November in blow to Fed” US job openings slipped in November but remained high, suggesting businesses are still determined to add workers, a blow to the Federal Reserve’s efforts to cool hiring and wage gains. There were 10.46 million job vacancies on the last day of November, down slightly from a…

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# UK looks for a crypto crime fighter with a K salary

# UK looks for a crypto crime fighter with a $50K salary

” UK looks for a crypto crime fighter with a $50K salary “ The United Kingdom’s National Crime Agency (NCA) is taking measures to increase its focus on cryptocurrency crimes and combat criminals. NCA’s cyber-focused command, the National Cyber Crime Unit (NCCU), is launching a dedicated cryptocurrency unit to investigate U.K. cyber incidents involving the…

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# What are soulbound tokens (SBTs) and how do they work?

# What are soulbound tokens (SBTs) and how do they work?

” What are soulbound tokens (SBTs) and how do they work? “ By creating an alternative financial system with extraordinary flexibility and innovation in less than ten years, Web3 has astounded the globe. Economic and cryptographic primitives such as smart contracts and consensus mechanisms have helped to create an open-source system to conduct and authorize…

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