Nostr Assets Temporarily Halts Deposit Function Due to User Surge
Nostr Assets has announced a temporary suspension of its deposit function due to a surge in user activity. Nostr Assets, a protocol that uses the Lightning Network to enable fast and cheap transactions of Bitcoin and Taproot assets, has temporarily suspended its deposit function. As reported by Odaily, the decision comes in the wake of […]
Paystack Cuts 33 Jobs to Focus on African Markets
Paystack, a Nigerian fintech startup and a subsidiary of Stripe Inc, has announced a workforce reduction of 33 employees in Europe and the UAE. The move is part of the company’s strategy to concentrate more on its African operations, where it sees more growth potential. Paystack, founded in 2015, is a leading payment service provider […]
Kronos Research Suffers $25 Million Security Breach
Kronos Research, a leading liquidity provider in the crypto space, recently announced a security breach that resulted in a loss of $25 million worth of digital assets. The breach involved unauthorized access to certain API keys on WOO Network, the platform where Kronos Research operates. The incident sparked concerns among the crypto community and prompted […]
Citigroup Employees Brace for Layoffs Amid Restructuring
Citigroup is undergoing a major restructuring plan led by CEO Jane Fraser, who aims to simplify the bank’s structure and cut down management layers. Employees are expecting announcements regarding potential layoffs and management changes next week. Citigroup, the third-largest U.S. lender, is undergoing a major restructuring plan led by CEO Jane Fraser, who aims to […]