2020-2-20 01:08 |
Banking giant HSBC plans to terminate about 35,000 of global jobs while doubling down on disruptive technology
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Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank, HSBC, and more.
2019-12-4 15:30 | |
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Coinspeaker HSBC Cuts 10,000 Jobs to Curb Its ExpensesHSBC job slashing will address those whose positions are high-paid. An official announcement from HSBC will be probably made later this month when the company is to report on its third-quarter results. HSBC Cuts 10,000 Jobs to Curb Its Expenses
2019-10-7 15:44 | |
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In our world today, blockchain technology is at the forefront of almost every innovation. A groundbreaking innovation itself, the blockchain was initially associated with cryptocurrencies but is rapidly disrupting other industries.
Solana-based DeFi memecoin platform Pump. fun experienced a significant breach on May 16 when an exploiter apparently utilized flash loans to manipulate the platform’s bonding curve contracts.
The US Treasury Department intends to place a significant emphasis on addressing the risks posed by cryptocurrencies and other emerging technologies in the coming months via comprehensive regulation.
A loose liquidity environment and new narrative outbreaks are the main determinants of the bull market after the Bitcoin halving. The high-interest rate environment may last longer than expected but will not end the bull run.
Worldcoin Foundation has introduced a new system using Secure Multi-Party Computation (SMPC) for biometric template protection, developed with cryptography engineers from TACEO. The advancement has allowed the foundation to securely delete the previous iris code system.
Paolo Ardoino, the Chief Executive Officer of Tether and co-founder of peer-to-peer platform Holepunch, recently hinted at plans to potentially develop a “Pear Phone” in the future. In an X post, Ardoino floated the idea of building an Android-compatible phone based on the Android Open Source Project (AOSP).
Aave Labs has released its strategic roadmap for 2030 that introduces several key initiatives, including the launch of Aave V4, a new visual identity, and expanded DeFi functionalities. The “Temp Check” proposal aims to gather the Aave community’s feedback on the proposed enhancements to advance the Aave protocol.