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Crypto Lender Genesis Cuts 30% of Staff
Genesis Global Trading Inc. has been feeling the heat of the crypto crash that has been plaguing the industry over the past several months. The firm announced today that it was laying off 30% of its workforce, as first reported by the Wall Street Journal.
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Retro Concept Art From NASA Makes Our Imagination Soar
I’ve always been a huge fan of NASA’s concept art — sometimes you need to see what the future might be like to get sufficiently hyped. Missions to space often involve cameras that document these journeys, and it’s always fun to compare what we thought something would look like to how it actually appears. But…
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Crypto Companies Lay Off Hundreds as Market Haemorrhaging Continues
The most recent crypto crash is causing quite a lot of reviled FUD (a term used in the community for fear, uncertainty, and doubt) not only among investors but inside the companies as well, though in the latter’s case its for their job prospects. The crypto lending company BlockFi announced Monday it was slashing 20%,…
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Chipotle Lovers in America Can Apparently Now Buy Burritos With Bitcoin
Customers at Chipotle will now be able to pay for their burritos with cryptocurrencies, including bitcoin, ether, and dogecoin, in a move that could help crypto become more mainstream, according to trade publication Restaurant Business. But there’s just one important caveat: Chipotle will accept the crypto through a payments system called Flexa, which is far…