JobCoin(JOB)

In addition to job cuts of as much as 40% of staff, the company has also been pulling back from marketing deals, according to the story.

In Todays Headline TV CryptoDaily News: Nasdaq to wait for regulations before debuting crypto exchange. Nasdaq has plans to debut a crypto exchange for customers but will wait for additional regulatory clarity and formation of laws along with increased adoption of cryptocurrencies before doing so. Ripple Labs joins blockchain carbon credit partnership. Ripple Labs, the firm whose payment network is powered by the self-described carbon-neutral cryptocurrency token XRP, has partnered with Web3 climate startup Thallo and various other companies to build a carbon credit market on the blockchain. Kim Kardashian pays $1.26 million in settlement over crypto promotion. Reality TV star and influencer Kim Kardashian paid $1.26 million for failing to disclose that she was paid for a post promoting a speculative cryptocurrency. She paid the settlement without admitting wrongdoing and is prohibited from promoting crypto for three years. BTC/USD dove 1.4% in the last session. The Bitcoin-Dollar pair plummeted 1.4% in the last session. The RSI is giving a positive signal. Support is at 19146.6667 and resistance is at 21066.6667. The RSI is giving a positive signal. ETH/USD dove 1.0% in the last session. The Ethereum-Dollar pair plummeted 1.0% in the last session. The MACD is giving a positive signal. Support is at 1300.7733 and resistance is at 1397.4933. The MACD is currently in the positive zone. XRP/USD skyrocketed 3.2% in the last session. The Ripple-Dollar pair skyrocketed 3.2% in the last session. The Stochastic indicator is giving a positive signal. Support is at 0.4383 and resistance is at 0.506. The Stochastic indicator is currently in positive territory. LTC/USD dove 1.9% in the last session. The Litecoin-Dollar pair plummeted 1.9% in the last session. The Stochastic indicator gives a positive signal. Support is at 53.151 and resistance is at 56.751. The Stochastic indicator is currently in the positive zone. Daily Economic Calendar: US Continuing Jobless Claims The Counting Jobless Claims measure the number of individuals who are unemployed and are currently receiving unemployment benefits. The US Continuing Jobless Claims will be released at 12:30 GMT, the Eurozone's Retail Sales at 09:00 GMT, the US Initial Jobless Claims at 12:30 GMT. EMU Retail Sales The Retail Sales measures the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. US Initial Jobless Claims The Initial Jobless Claims is a measure of the number of people filing first-time claims for state unemployment insurance. AU Exports The Exports measure of the total exports of goods and services by the local economy. A steady demand for exports helps to support growth in the trade surplus. Australia's Exports will be released at 00:30 GMT, Finland's Trade Balance at 06:00 GMT, Japan's Labor Cash Earnings at 23:30 GMT. FI Trade Balance The Trade Balance is the total difference between exports and imports of goods and services. A positive value shows a trade surplus, while a negative value represents a trade deficit. JP Labor Cash Earnings The Labor Cash Earnings shows the average income, before taxes, per regular employee. It is an early indicator of consumer consumption. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The executives say traditional jobs are increasingly at risk through factors such as automation, but GameFi can provide a viable alternative to earn a wage.

Friday's report from the U.S. Labor Department on nonfarm payrolls is expected to show an addition of 250,000 jobs in September, in a slowdown from the 315,000 reported for August.

The global record label has steadily been expanding its blockchain partnerships with platforms like The Sandbox, OpenSea, OneOf and more.

Crypto and other markets responded favorably to a surprisingly large decline in U.S. job openings, which offer the latest evidence of economic slowing.

Unexpectedly poor data on U.S. job creation spurs speculation the worst of the bear market may be over. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Credit Suisse is at the highest risk of default in a decade. If it collapses, then this could be the first domino to topple many other over leveraged and failing banks. Is this Bitcoin’s time? Credit Suisse on verge of failure Credit Suisse is on the edge. The interest rate charged on its credit default swaps rose 6 basis points on Friday to 2.47%. The same swaps began the year at 0.57%, a tell-tale sign that the market is losing confidence in the bank’s ability to stay afloat. The price of Credit Suisse on the New York Stock Exchange was down 3.27% on the day, and since mid January, the price for the Credit Suisse Group has fallen 63%. CEO Ulrich Körner made an attempt to respond to the huge amount of negativity surrounding Credit Suisse by talking of the “many factually inaccurate statements being made”. The UK edition of the Guardian had Körner referencing the bank’s restructuring plan, which included job cuts, a sale of assets, and asking its investors for more cash. A torrid history However, according to the same source, the bank appears to have been involved in incredibly shady dealings, including paying fines for bond issue fraud where some of the proceeds were funnelled back to bankers at Credit Suisse. Far worse accusations were also made by the Guardian and others: “its private banking division – traditionally a cornerstone of Swiss banking – has been put under pressure after the Suisse secrets investigation, conducted by a consortium including the Guardian, exposed the hidden wealth of clients involved in torture, drug trafficking, money laundering, corruption and other serious crimes.” Crypto is besmirched The mainstream media will always print the pronouncements of bankers and others on how crypto companies are untrustworthy, risky, and venues for various scams and wrongdoings. Generally, all crypto is tarred with the same brush despite the obvious transparency, innovation and huge advantages that many projects bring to the table. How the banking system really works However, they never seem to mention any of the far worse events that happen with regularity in the traditional banking system. This system has failed the people to an extent that would stretch the imagination of most to believe. The entire system is run by bankers for bankers and the planet is blissfully unaware of what is going on. For example, who would believe it to be true that when a bank makes a loan, the entire amount is printed out of thin air, and then the bank charges what would normally be at least the same amount again in interest. This system has been milked by the bankers to the very extremes before total collapse. Central bank digital currencies (CBDCs) are the last throw of the dice. If these can be rolled out across the world then the bankers can micro manage every individual, thereby wielding complete and utter power. Full financial slavery can take place. Bitcoin is the answer Bitcoin is the way out. It is a currency that can be held and spent without any intervention from governments or banks. The mainstream media has done quite a job on blackening Bitcoin and all other cryptocurrencies, but all who care about their financial future need to do the research on both the banking system, and the world of cryptos, especially Bitcoin. When world economies were on the edge of collapse in the 2009 financial crisis Satoshi Nakamoto launched Bitcoin, putting the front page of the Times into the genesis block of his new creation. The front page read “Chancellor on brink of second bailout for banks." These are the same banks that can print fiat currency out of nowhere, and the fact that taxpayer money was used to bail them out says volumes for just how corrupt and broken the traditional finance system really is. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Indian cryptocurrency exchange WazirX has confirmed that it has laid off 40% of its staff as the bear market continues to take its toll. Cryptocurrency exchange WazirX has announced that it has let go of more than 70 members of its staff. The news was first reported on Saturday by CoinDesk citing sources familiar with the matter. WazirX said in a statement: The crypto market has been in the grip of a bear market because of the current global economic slowdown. The Indian crypto industry has had its unique problems with respect to taxes, regulations, and banking access. This has led to a dramatic fall in volumes in all Indian crypto exchanges. The company’s announcement comes almost two months after Indian authorities said it was investigating WazirX for alleged money laundering. India’s Enforcement Directorate in August froze WazirX bank balances worth around $8 million, but the company said in early September that its bank accounts have since been unfrozen. The company said that employees were informed on Friday of the layoffs and would be paid for the next 45 days. Former employees have however been told they no longer have to report for work. Sources say that staff was cut from multiple departments including human resources and customer support. Analysts, managers, and associate team leaders are among the staff that has been let go. According to an employee that lost their job, the entire public policy and communication team was let go. The crypto exchange recently announced that it has removed the USDC stablecoin from its listings. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

As traditional financial firms expand into crypto, they will look for traditional hiring credentials, creating a sea change at universities and the crypto job market overall. This story is part of CoinDesk's Education Week.

In Todays Headline TV CryptoDaily News: Ethereum project Ribbon Finance launches crypto options exchange Decentralized finance protocol Ribbon Finance, known for its on-chain structured products, said it is launching an options exchange to boost demand for its services among savvy crypto traders. Bitcoin Could ‘Double in Price’ Under CFTC Regulation CFTC Chairman Rostin Behnam argued on Wednesday that non-bank institutions, including crypto exchanges, “thrive” in conditions of regulatory certainty. Ethereum delivering another promise of The Merge. The second-biggest blockchain appears to be proving itself on another promise of the Merge: greater inflation resistance, a characteristic that’s usually more closely associated with Ethereum’s bigger and better-known rival, Bitcoin. BTC/USD skyrocketed 2.3% in the last session. The Bitcoin-Dollar pair exploded 2.3% in the last session. The Stochastic indicator gives a positive signal. Support is at 17924.8653 and resistance is at 20958.8653. The Stochastic indicator is currently in the positive zone. ETH/USD exploded 1.4% in the last session. The Ethereum-Dollar pair skyrocketed 1.4% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 1250.4767 and resistance is at 1438.3367. The Ultimate Oscillator is giving a positive signal. XRP/USD plummeted 1.7% in the last session. The Ripple-Dollar pair dove 1.7% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 0.4051 and resistance is at 0.5079. The Stochastic-RSI is currently in the negative zone. LTC/USD exploded 1.5% in the last session. The Litecoin-Dollar pair exploded 1.5% in the last session. The Stochastic indicator gives a positive signal. Support is at 49.7633 and resistance is at 56.9033. The Stochastic indicator is currently in the positive zone. Daily Economic Calendar: US Gross Domestic Product Annualized The Gross Domestic Product Annualized shows the annualized monetary value of all the goods, services, and structures produced within a country. The US Gross Domestic Product Annualized will be released at 12:30 GMT, the US Gross Domestic Product Price Index at 12:30 GMT, and the Eurozone's Business Climate at 09:00 GMT. US Gross Domestic Product Price Index The GDP Price Index gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure. EMU Business Climate The Business Climate indicator is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the local economy. ES Consumer Price Index The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services. Spain's Consumer Price Index will be released at 07:00 GMT, Japan's Jobs / Applicants Ratio at 23:30 GMT, and Japan's Unemployment Rate at 23:30 GMT. JP Jobs / Applicants Ratio The Jobs to Applicants Ratio released by the Japan Institute of Labour is obtained by dividing monthly active job openings by monthly active applications. JP Unemployment Rate The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The report shows strong crypto usage and adoption rates in the region. With highly educated young people and low job prospects, crypto is “a way to feed their family," says Convexity founder Adedeji Owonibi.

The Bitcoin Policy Institute published a white paper on Tuesday arguing that surveillance tools in the form of CBDCs would destroy freedoms and are not necessary. A surveillance tool Authors of the paper, Natalie Smolenski, executive director of the Texas Bitcoin Foundation, and Dan Held, former growth lead at Kraken, argue that CBDCs would provide governments with information on every transaction, and that cyber attacks could make this information open to anybody given the frequency with which government databases are compromised. The authors review the case of China, and its accelerating surveillance regime, which helps it to target and closely watch sectors in its population such as ethnic minorities, migrant workers, those with a history of mental illness, and especially those who have filed complaints against the government. A U.S. CBDC The paper argues that it is a mistake to believe that the U.S. could not go down this same path as the Federal Reserve investigates CBDCs in partnership with the Bank for International Settlements (BIS). Perhaps purely by coincidence, Fed chairman Powell said on Tuesday that a U.S. CBDC would not be arriving “any time soon”, but did also say that it should be “privacy protected” but then contradicted this with one of the other four tenets of a future U.S. CBDC which laid down that it should be identity-verified. Why would governments adopt CBDCs? The white paper lays out the case that the job that a CBDC would do is already covered by Bitcoin and stablecoins pegged to fiat currencies. So the question then is why are more than 100 governments opting for the CBDC route? The answer given is that there are two advantages with CBDCs. One is that they give complete control and surveillance over the one remaining anonymous transaction which is cash, and the other reason is that all these governments are deeply in debt, and CBDCs would enable the control to generate revenue for the state. For example, any kind of transaction could be taxed, from giving your neighbour $20 to giving your children an allowance, to selling items in a yard sale. All of these could be taxed. In conclusion, the authors state: “For most people, a combination of physical cash, bitcoin, digital dollars, and privately issued, well-collateralized stablecoins will cover virtually all monetary use cases.” They added: “We should think carefully about what kinds of “innovation” we want the U.S. government to embrace, so that we do not unexpectedly find ourselves without rights–and without recourse.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The theory is “not convincing enough to accuse the Wintermute project,” wrote BlockSec, as it highlighted that Wintermute’s actions during the hack made sense given the circumstances.

President Xi wants China to be the world’s leader in blockchain technology but has banned its most popular uses. Students and faculty wonder whether universities can successfully teach blockchain with Chinese characteristics, and if graduates can find jobs.

Wintermute is yet to refute the astonishing claims made by the on-chain analyst.

James Edwards bases his accusations on what he feels are dubious transactions and smart contract code that doesn’t match the post-mortem analysis.

The company is seeking legal counsel to help it navigate crypto, NFT and DeFi regulations as it expands its web3 efforts.

The Walt Disney Company has announced that it is actively seeking an “experienced corporate attorney” to work on what they call “emerging technologies” such as non-fungible tokens (NFTs) and the Metaverse. According to a job listing posted to the Disney careers website on September 23, the company wants to appoint a “Principal Counsel - Corporate Transactions, Emerging Technologies & NFTs” to work on transactions involving NFTs, the Metaverse, blockchain and decentralised finance (DeFi) suggesting that the company might soon enter the Metaverse. The entertainment conglomerate is primarily looking for someone that can provide “full product cycle legal advice and support for global NFT products” and to ensure that they comply with not only current U.S. laws and regulations but also international standards. Further duties of the appointed person will include “due diligence for NFT, blockchain, third-party marketplace and cloud provider projects,” but also providing regular legal advice on crypto-related matters, and digital currencies and guiding the company’s efforts in relation to emerging technologies. Disney Readies Itself for the Journey Into The Metaverse In November 2021, during the company’s fourth-quarter earnings, Bob Chapek, CEO, said that the company was readying itself to blend physical and digital assets in the Metaverse. Mere weeks later, the company files a patent for a “virtual-world simulator,” which suggests the possibility of a theme park in the Metaverse. Per its patent applications, the company’s possible foray into the Metaverse could involve visitors to its theme parks using mobile phones to generate and project personalized 3D effects onto nearby spaces such as walls and other objects. At the time of the patent application, it was reported that there were “no current plans” to use the “virtual-world simulator” patent.” The latest job listing however could suggest that this might be changing. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital asset. That day seems to have come, though it appears it was an inside job. Lido-staked Ethereum (stETH) and other liquid staking derivatives are primed to render […] The post ETH has become obsolete Post-Merge appeared first on CryptosRus.

“The collaboration-maxi nature was a welcome breath of fresh air.”

Blockchain gaming is an industry that excites more people than just gamers. Even industry bigwigs, like former EA and Unity Technologies Executive Steve Taylor, see merit in this new video gaming and asset ownership approach. Taylor has joined Affyn as the project puts the final touches on its live game demo and NFT Land sales reveal event. Another Big Hire For Affyn The Affyn project has fired on all cylinders as of late. Based out of Singapore, the blockchain firm will develop mobile video games featuring geolocation and AR capabilities. Moreover, it aims to introduce Web3 technology through a sustainable play-and-earn economy. Players earn rewards that have a purpose in both the game environment and the real world. The team must possess the necessary expertise to make that vision come true and make a big mainstream splash. While Affyn will have a native token powering the in-game economy, it will also be used as a medium of exchange for real-world goods and services. More importantly, that will be possible without converting the native token into other cryptocurrencies first. Expanding the Affyn team remains a key priority in that regard. The project has attracted a large talent pool with expertise in mainstream video games. The latest hire is Steve Taylor, who will fulfill the role of Chief Product Officer for Affyn. Steve has decades of expertise in digital entertainment and worked for Electronic Arts, Unity Technologies, and various startups tackling mobile and ad-tech. Pushing The Pace Ahead Of Key Events The hire of Steve Taylor comes on the heels of Affyn launching the "Generation Zero Buddies" NFT collection. It is a set of rare NFTs playing a key role in the NEXUS World metaverse built by Affyn's team. All NFTs sold out in under two minutes at a price of roughly $150 in $FYN tokens. Moreover, the collection's price floor climbed to over 30x that value in the first few weeks of being listed on the OpenSea marketplace. Affyn CEO and Founder Lucaz Lee adds: "Steve is a dynamic individual with significant experience that will help Affyn build and grow products while delighting our users. I am thrilled to welcome him on board and am really excited to work with him as we continue meeting key development milestones." Taylor's first job will be to accelerate Affyn's ongoing product optimization. In addition, he will play a role in preparing the project for the ALPHA live game demo and the upcoming NFT Land sales reveal event. Both events are crucial milestones for Affyn and its vision for geolocation-based play-and-earn gaming. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

U.K.-based algorithmic market maker service Wintermute becomes the latest victim of decentralised finance (DeFi) hacks when its protocol suffered a breach early on Tuesday, September 20, 2022, with hackers making off with around $160 million across 90 assets within the platform’s portfolio. The news of the breach was announced by company CEO and founder, Evgeny Gaevoy, on Twitter. He stated that “We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected.” While Gaevoy said that around $160 million was taken by hackers, he noted that “out of 90 assets that have been hacked only two have been notional over $1 million (and none more than $2.5 M),” and as a result a “major selloff” of assets should not occur. According to data from Etherscan, over 70 different tokens have been transferred to “Wintermute exploiter,” including $61, 350, 986 in USDC, 671 in Wrapped Bitcoin, and $29, 461, 533 in USDT. CEO: Company Remains Solvent The CEO assured the company’s users, lenders, and partners that the platform is “solvent with twice that amount of equity left.” Associated entities should expect full restoration of operation over the next few days. Gaevoy added: If you have a MM agreement with Wintermute, your funds are safe. There will be a disruption in our services today and potentially for next few days and will get back to normal after. According to the company’s CEO, the platform is still willing to treat the incident as white hat hacking, meaning it is willing to engage with the attacker. In this instance, the hacker would be required to return the funds, but would also be allowed to keep a percentage as a bounty. The hacker may also contact Wintermute to share the vulnerabilities they have discovered to avoid a repeat of hacks in the future. White hat hacking has become commonplace in the crypto market, even more so in the bear market. Exchange, market markets, and companies often reward hackers with bounties in the form of cash or job opportunities. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In Todays Headline TV CryptoDaily News: South Korean prosecutors issued Do Kwon an arrest warrant. South Korean prosecutors have issued an arrest warrant for Do Kwon, the co-founder and CEO of Terraform Labs – the firm behind the Terra ecosystem coins LUNA and LUNC. Chinese court OKs trading crypto if it's considered a virtual asset- A Beijing court has ruled that locals are permitted to trade cryptocurrencies – but not use them as a substitute for money. The decision may seem odd at face value, given that China's government banned dealing in Bitcoin in 2013 and has extended its prohibition on using digital currency many times since. Celsius network plots a comeback after a crypto crash. The chief executive of the experimental crypto bank Celsius has told employees about an audacious plan to revive the firm, which filed for bankruptcy in July. BTC/USD plummeted 1.3% in the last session. The Bitcoin-Dollar pair dove 1.3% in the last session. The MACD's positive signal contradicts our overall technical analysis. Support is at 181631 and resistance is at 237551. The MACD is currently in positive territory. ETH/USD exploded 1.4% in the last session. The Ethereum-Dollar pair exploded 1.4% in the last session. The Stochastic indicator is giving a negative signal. Support is at 1440.2567 and resistance is at 1818.2567. The Stochastic indicator is currently in negative territory. XRP/USD exploded 2.9% in the last session. The Ripple-Dollar pair exploded by 2.9% in the last session. The CCI's negative signal is in line with the overall technical analysis. Support is at 0.312, and resistance is at 0.3705. The CCI is currently in the negative zone. LTC/USD rose 0.6% in the last session. The Litecoin-Dollar pair rose 0.6% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 52.5667 and resistance is at 70.6467. The Stochastic-RSI is currently in negative territory. Daily Economic Calendar: JP Tertiary Industry Index The Tertiary Industry Index is an indicator of the health of the domestic service sector and related economic factors. Japan's Tertiary Industry Index will be released at 04:30 GMT, Australia's Unemployment Rate at 01:30 GMT, and the Dutch Unemployment Rate at 04:30 GMT. AU Unemployment Rate The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. NL Unemployment Rate The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. US Retail Sales The Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. The US Retail Sales will be released at 12:30 GMT, the Eurozone's Labor Cost at 09:00 GMT, and the US Initial Jobless Claims at 12:30 GMT. EMU Labor Cost The quarterly Labor Cost shows the short-term development of the total hourly costs of maintaining their employees incurred by employers. US Initial Jobless Claims The Initial Jobless Claims measure the number of people filing first-time claims for state unemployment insurance. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.