The company Coin Cloud, operator of cryptocurrency ATMs, announced that it is filing for bankruptcy, according to Chapter 11 of the United States Bankruptcy Law. Coin Cloud currently operates some 4,000 bitcoin ATMs in this country and in Brazil. However, due to a debt of more than USD 150 million,…
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Disney announces the layoff of 7,000 employees

The US leisure and entertainment giant The Walt Disney Company has decided to cut 7,000 employees, representing 3.6 percent of its workforce, all in an effort to improve its profit margins. This was announced this Wednesday by the…

Dell announced the layoff of 6,500 workers

The wave of layoffs in technology reached the manufacturer Dell, in Texas, which announced on Monday the reduction of 5 % of its workforce. According to the vice president of Dell, Jeff Clarke, the company in the technology area, the…

Binance launches cryptocurrency taxation tool

Binance, the world's largest cryptocurrency exchange, has launched a tool to help its clients calculate and report their tax liabilities related to digital currency trading activity. The solution, called Binance Tax, is free and can support…

BlockFi starts selling mining assets

BlockFi, the bankrupt cryptocurrency lender, has begun receiving offers for its mining business assets and expects more before its February 20 deadline. According to BlockFi's lawyer, Francis Petrie, the company wants to get offers as soon…