Huobi Lays Off Staff Due to Falling Bitcoin Price
According to the South China Morning Post, Huobi is the next company in the crypto business to layoff a part of its staff. The newspaper cites the number of employees as high as 1000 employees. Due to the falling price of Bitcoin, the exchange plans to lay off a part of these employees. However, the management did not reveal how many employees are concerned of this measurement.
Renowned Hong Kong Wine Company Buying a Japanese Cryptocurrency Exchange
The main Hong Kong winemaker who is already listed on the GEM board of the Hong Kong Stock Exchange, Madison Holdings Group is planning to get a majority stake in one of the renowned Japanese cryptocurrency exchange platforms. According to verified sources, the deal will offer more returns to the wine company’s shareholders.
Assist Launches Crypto MBA Program
A renowned South Korean business school has announced the launch of a Crypto MBA program. According to the Seoul School of Integrated Science and Technologies, commonly called Assist, the one-and-half-year program will cover areas such as writing whitepapers, game theory, Dapp planning, Crypto funds, smart contracts, and Bitcoin. The institution is working towards addressing the lack of research in blockchain and Cryptocurrencies.