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Bitcoin Could Follow S&P 500’s Potential Fall After Slight Bullish Trend from US Employment Report

Bitcoin Could Follow S&P 500’s Potential Fall After Slight Bullish Trend from US Employment Report

Bitcoin showed signs of a slight bullish uptick in its first session in July and maintained a short-term positive correlation with the S&5 500. Bitcoin and stocks investors are waiting for the next big decision that could drive a new rally—whether or not the Federal Reserve would expand its stimulus operation before it expires in July.

Ternio Research Finds Blockchain-Affiliated Companies Are Employing Over 86,000 People

Ternio Research Finds Blockchain-Affiliated Companies Are Employing Over 86,000 People

Ternio, a leading white-label technology company, has revealed the findings of a new study dubbed “The State of Crypto Entrepreneurship 2019.” It was, therefore, estimated that crypto/blockchain organizations employ 86,443 people across the globe.

OpenSea Desperate to Hire New Engineers to Relieve its Overwhelmed Staff

OpenSea Desperate to Hire New Engineers to Relieve its Overwhelmed Staff

OpenSea is on the hunt for new staff members as NFT mania continues to grow

Vitalik Buterin Holds Taiwan Employment Gold Card

Vitalik Buterin Holds Taiwan Employment Gold Card

Vitalik Buterin holds a Taiwan Employment Gold Card, integrating work, residence, and travel permits. Valid for 1-3 years, it simplifies processes for global professionals in Taiwan.

AI's Mainstream Impact and Workforce Dynamics in 2023

AI's Mainstream Impact and Workforce Dynamics in 2023

2023 was a transformative year for the workforce, marked by AI becoming mainstream, changes in job roles and hiring processes, the rise of hybrid work models, the decline of corporate jargon, and notable increases in job interview compensation.

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

The CEO and CFO of Compass Mining firm have left their job positions at a time when the firm is experiencing challenges to maintain its operations. The miner has appointed interim officials to take over.

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.

Top Executives Quit as Babel Finance Sees Financial Woes

Top Executives Quit as Babel Finance Sees Financial Woes

Top employees are leaving Babel Finance as the firm has not reached an amicable solution to its accounting challenges. Meanwhile, thousands of customers are still unable to access their funds.

Bitfinex Partners with ODEM to Revitalize Crypto Education

Bitfinex Partners with ODEM to Revitalize Crypto Education

Bitfinex has joined hands with ODEM, an on-demand education and employment marketplace, in creating a new education model on the importance of digital tokens in the blockchain and crypto space.

The UK's HMRC Begin Tax Talks for Cryptocurrency

The UK's HMRC Begin Tax Talks for Cryptocurrency

November 2019 has seen newly published guidelines come into place, with Her Majesty’s Revenue and Customs (HMRC) collecting advice and consulting with third parties to create new principles on different taxes in the United Kingdom.

Paraguay Begins to Audit Local Crypto Industry to Comply with FATF Guidelines

Paraguay Begins to Audit Local Crypto Industry to Comply with FATF Guidelines

Paraguay is looking to take its cryptocurrency industry mainstream, in light of the Financial Action Task Force’s (FATF) guidance on virtual asset service providers (VASPs) released earlier this year.

How Can Blockchain Technology End Labour Market Woes?

How Can Blockchain Technology End Labour Market Woes?

In its usual bid to take over the technology ecosystem, blockchain technology can be instrumental in the fight against unemployment through a creative aggregation of data for easy verification. This is revealed in a research report published on June 8 and sponsored by the American Council on Education.

What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook

What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook

Bitcoin saw a negative correlation with the traditional stock market, as hopes of the old normal economy were to be revived again.

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve officials voted at the Federal Open Market Committee (FOMC) meeting to maintain the same monetary conditions that have aided Bitcoin's 2020 price surge.

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi said yesterday that discussions over a new $1.8 trillion stimulus package have ground to a halt, what could the stimulus delay mean for Bitcoin?

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.

DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist

DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist

The US Department of Justice has extradited two criminals from Cyprus—one with known connections to terrorism and the other on suspicion of stealing thousands in Bitcoin.

Korea's Educated Jobless Individuals are Building their Blockchain Expertise

Korea's Educated Jobless Individuals are Building their Blockchain Expertise

Korea’s surging ahead with its blockchain and crypto aspirations. Weeks after the government announced a $400 million blockchain fund, a prominent university added blockchain curriculum to its coursework.

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