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Paystack Cuts 33 Jobs to Focus on African Markets

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 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 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 […]

ENS Founder Challenges Unstoppable Domains’ Patent Claims

ENS Founder Challenges Unstoppable Domains’ Patent Claims

Nick Johnson has written an open letter to Unstoppable Domains (UDs), questioning their patent applications for blockchain domain resolving. The founder and core developer of Ethereum Name Service (ENS) has questioned their patent applications for blockchain domain resolving. Johnson argues that UDs infringe on ENS’s innovations and calls for a legally binding patent commitment. The […]

UniSat Wallet Launches API for Bitcoin Ordinals, BRC-20 Tokens

UniSat Wallet Launches API for Bitcoin Ordinals, BRC-20 Tokens

UniSat Wallet has announced the launch of its developer services, offering a comprehensive API for creating and interacting with ordinals and BRC-20 tokens on the Bitcoin blockchain. The developer services enable users to access various functionalities within the UniSat ecosystem, such as deploying their own inscribing services, crafting wallet applications, and developing unique browsers. Developers […]