Chinese E-commerce Giant Alibaba Downsizing Metaverse Unit to Streamline Operations: Report
In line with a broader trend among major tech firms, Chinese e-commerce behemoth Alibaba is downsizing its metaverse operations. The…
Tag: Operations
Russia enacts control measure on Bitcoin mining operations
Key Takeaways The new Russian law allows the government to ban digital currency mining in specific areas. Federal agencies now…
SEC Reiterates Binance’s Illegal Operations, Highlights ‘Lack of Disclosure’
The United States Securities and Exchange Commission (SEC) has expanded its lawsuit against Binance. The updated legal filings now include…
Terra resumes operations after $5M security breach triggers Astroport token plunge
The Terra blockchain has resumed normal operations after the network implemented a temporary halt to stop a recent exploit. Earlier…
OKX to End Operations in Nigeria, Blames "Changes in Local Laws"
Cryptocurrency exchange OKX is discontinuing its services in Nigeria due to what it termed as changes in local regulations, Cointelegraph…