China’s regulators are planning new restrictions on live-streaming services, in the latest development in Beijing’s continued crackdown on the internet sector, the Wall Street Journal reported. Regulators are working on new rules that would set limits on how much money internet users spend per day on digital tips, the Journal said. On live-streaming platforms in China, viewers spend money to...
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Crypto Company Bakkt’s Make-or-Break Deal
The crypto industry is littered with the corpses of now-shuttered businesses. Among the survivors, at least so far, is Bakkt, a crypto company founded by New York Stock Exchange owner Intercontinental Exchange. But after a previously unreported second round of layoffs earlier this month, a slew of executive exits and the shuttering of its consumer app, few would be betting on Bakkt. Yet Bakkt...
Coinbase Hires Former Shopify Executive as Country Director
Circle’s USDC Outflows Exceed $10 Billion Since Crypto Bank Crisis
Virgin Orbit Lays Off 85% of Staff, Ceases Operations
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