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Fintech Group Zepz Lays Off 420 Employees to Restructure Its Business

Zepz, however, noted that it is hiring more than 200 new roles including software developers, managerial positions and marketing roles, among many others. In a bid to streamline its business structure for future growth prospects, Zepz,  a London-headquartered money transfer platform, has announced the reduction of its workforce by about 26 percent. In a report by CNBC, it is said that Zepz has sent home 420 of its employees but not due to macroeconomic pressure. As a result, Zepz has been...

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Google Cloud Launches Two New AI Solutions to Speed Up Drug Discovery & Precision Medicine

Google Cloud’s AI-enabled ‘Target and Lead Identification’ and ‘Multiomics’ Suites are set to improve drug discovery and precision medicine.  Google Cloud has launched two AI-powered solutions to speed up drug discovery and advance precision medicine for relevant companies. On Tuesday, the tech giant’s cloud computing suite said its newly-launched AI-powered tools would immensely help biotech and pharmaceutical companies. One of the tools, the Target and Lead Identification Suite, can...

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P2P Bitcoin Marketplace Paxful Is Shutting Down

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Peer-to-peer (P2P) bitcoin marketplace Paxful has closed its doors, meaning the digital currency space is still not yet out of the woods when it comes to exterior, negative circumstances. Paxful Says Goodbye Paxful used to be one of the most prominent, well-known bitcoin marketplaces in the world. Employing 200...

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Vodafone CEO Announces Record Layoff of 11,000 Workers, Shares Sink 7%

Vodafone shares took a beating today amid company plans to layoff thousands of workers, and properly allocate resources. Vodafone (LON: VOD) shares fell 7% on Tuesday following a mass layoff announcement by the British multinational telecom company. In a statement, chief executive officer Margherita Della Valle said the company’s plan to ax a record 11,000 jobs is necessary to remain profitable. Vodafone forecasted flat profit growth and explained that the massive downsizing would take...

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Banking Giant BNY Mellon Announces Its Long-Term Committment to Digital Assets

The American banking giant will be focusing on three key initiatives – distributed ledger technology, tokenization, and digital cash. Over the last few years, traditional banking players have been showing some affinity towards crypto assets and America’s oldest bank BNY Mellon is the latest to join the bandwagon. BNY Mellon is pushing for digital innovation while focusing on digital assets, not necessarily crypto. Roman Regelman, CEO of securities services and digital at BNY Mellon, said...

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We Asked ChatGPT Which 5 Cryptos Will Survive in 10 Years: The Answer Might Surprise You

Many crypto naysayers are heard arguing that most of the existing projects won’t stand the test of time. And it’s true that a lot of them haven’t been existing for a long period. In the grand scheme of things, even Bitcoin is a baby. With that said, we took the opportunity to talk to no other but ChatGPT itself – the AI language model that took the world by storm in the past few months. We decided to ask which five cryptocurrencies will survive in the coming decade. The...

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US Secret Service Shares Insight into Its Love for Crypto

To combat illegal crypto transactions, the Secret Service has successfully seized millions of dollars in cryptocurrency from criminals. The US Secret Service revealed that it trades crypto and owns a small collection of NFTs in an Ask Me Anything (AMA) session on Reddit. According to reports, the Secret Service also acknowledged the potential of blockchain to boost the security and effectiveness of innovations beyond cryptocurrency. On Monday, representatives from the US Secret Service San...

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SEC Says Crypto Regulatory Clarity May Take Years and They’re in No Rush

The regulator argues that it is under no obligation to meet the requirements outlined in Coinbase’s recent petition. The United States Securities Exchange Commission (SEC) has finally replied to Coinbase’s demand for regulatory clarity. Recall that the American exchange recently filed a petition asking the regulator to make clear crypto regulations. In a formal response issued to the court, the SEC insists that it will take its time to come up with regulations. But while the rules may take...

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PEPE Bounced 40% Off the Weekend Lows, But Is Another Crash Incoiming? (PEPE Price Analysis)

PEPE managed to find support and buyers were quick to jump in over the weekend. Key Support levels: $0.0000011 Key Resistance levels: $0.0000020 This meme coin managed to rally and double in price between Friday and Saturday, but it was not enough to break the key resistance at $0.0000020. Sellers came in strong and stopped the rally. In the process, the price made a lower high which is a bearish signal. The current support is at $0.0000011. Chart by TradingViewTrading...

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Opinion: Joe Biden Will Never Take Responsibility for Hurting Crypto or America’s Standing

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Joe Biden is responsible for a growing number of mishaps since he first entered the White House. He’s responsible for the collapse of the crypto space, the death of the American economy, the border crisis, the list goes on and on. The problem is that he’ll never admit to any of this, as he and his fellow nation...

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