News – Page 192 – MachinaTrader.com

dYdX Chain Completes Mainnet Migration and Launches $20 Million Token Rewards Program

The decentralized trading platform dYdX Chain has completed its mainnet migration and officially launched full trading. This milestone was achieved after a successful governance vote, highlighting the platform’s commitment to decentralized decision-making and community-driven development. Major markets such as BTC-USD, ETH-USD, SOL-USD, and LINK-USD are now available for trading on the platform. The transition to […]

Credit Suisse Employees Enjoy a Year of Rest Thanks to Generous Social Plan

The atmosphere at Credit Suisse is described as miserable, with employees expressing their dissatisfaction with the company. Outplacement and career advisors are urging employees to quickly find new opportunities to avoid appearing stagnant and unresponsive to potential employers. This situation is particularly concerning for employees over the age of 50 who have been with the […]

The Enigma of CEOs: Masters of Deception or Genuine Leaders?

High-level executives are often characterized by their strong self-confidence, which can sometimes cross the line into megalomania. This phenomenon, known as imposture, can have both positive and negative effects on companies. While self-assured leaders are able to effectively convince stakeholders of their company’s strategy and inspire employees, their overconfidence can also lead to harmful decisions […]

Special Visa Options for Digital Nomads: Important Considerations for Remote Workers Abroad

Working remotely from abroad can present various challenges and considerations. Immigration and visa requirements are a major concern, as different countries have different regulations. For instance, working without the proper visa in Thailand can lead to deportation. Remote workers need to determine whether a tourist visa is sufficient or if an employment visa is necessary. […]

Foreign Banks Embrace China’s Digital Yuan as Standard Chartered Leads the Way

More foreign banks have joined China’s digital yuan central bank digital currency (e-CNY CBDC), bringing the total to four. Hong Kong-based HSBC, Hang Seng Bank, and Taiwanese bank Fubon Bank have integrated e-CNY into their platforms, allowing clients to transfer and withdraw the digital currency. Hang Seng Bank has even enabled personal banking customers to […]

Spain Implements New Tax Regulations for Foreign-Held Crypto Assets

Spain has implemented a new regulation requiring Spanish citizens to disclose their cryptocurrency holdings held on foreign platforms for tax purposes. Individuals and businesses must report their holdings exceeding €50,000 by filling out a specific declaration form called Form 721. The reporting period is from January 1, 2024, to April 1, 2024, with the deadline […]

Phoenix Group Delays IPO Listing Date on Abu Dhabi Securities Exchange

Cryptocurrency mining firm Phoenix Group has experienced a high level of interest in its upcoming initial public offering (IPO) on the Abu Dhabi Securities Exchange. Due to the UAE National Day public holidays, the listing date has been rescheduled from December 4 to December 5, 2023. The IPO closed with a significant oversubscription, with retail […]

MAS Director Criticizes Bitcoin as a ‘Private Cryptocurrency’ for Failing the Test of Money

At the GDEC 2023 conference, Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), criticized Bitcoin and similar digital currencies, questioning their viability as a form of money. Menon argued that private cryptocurrencies, including Bitcoin, have failed as a means of storing value due to their volatility and use for speculation. However, […]

Solana (SOL) Price Slips Below $55 Amidst Market Sell-Off

Solana (SOL), a competitor to Ethereum Layer-1, has seen a decline in price recently, falling below $55 amidst a broader market sell-off. Despite this correction, SOL remains above its 50-day and 200-day exponential moving averages (EMAs), indicating some resilience. The coin is currently valued at approximately $55.61. Analysts suggest that as long as SOL maintains […]

Binance Founder CZ Remains in U.S. Amid Sentencing Consideration

Binance founder Changpeng “CZ” Zhao is currently required to stay in the U.S. as a federal judge reviews a motion from the U.S. Department of Justice. This motion seeks to keep Zhao in the country until his sentencing early next year. Zhao recently pleaded guilty to violating the Bank Secrecy Act and subsequently stepped down […]