Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam

bitsoBitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept cryptocurrency as part of its payment options. Bitso Partners Addem Capital to Allow […]

Go to Source

Powered by WPeMatico

2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down

2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making it reconsider its position, and reducing its operative expenses. […]

Go to Source

Powered by WPeMatico

Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms

As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of its employees. The same day, one of the Middle East’s […]

Go to Source

Powered by WPeMatico

Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia

bitsoBitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy for the company, […]

Go to Source

Powered by WPeMatico

Mexican Crypto Exchange Bitso Launches Stable Yield Program

BitsoBitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on the quantities deposited by users, and it is designed to help […]

Go to Source

Powered by WPeMatico

Bitso to Offset Carbon Emissions From the Trading Platform’s BTC, ETH, ERC20 Transactions

Bitso to Offset Carbon Emissions From the Trading Platform's BTC, ETH, ERC20 TransactionsOn Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto company’s environmental impact. Bitso to Offset Crypto Transaction Carbon Emissions by […]

Go to Source

Powered by WPeMatico

Ripio Announces Expansion to Colombia in Next Months

ripioRipio, an Argentinian cryptocurrency exchange, has announced concrete actions regarding its expansion to Colombia. The company will offer a new option for cryptocurrency users and traders in Colombia, and will also offer a financial education proposal that is yet to be revealed. This launch will crystallize in the following two months with the opening of […]

Go to Source

Powered by WPeMatico

Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia

nequiNequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with the limits set by current regulators. Colombian Nequi to Enter Crypto […]

Go to Source

Powered by WPeMatico