ICYMI: EU policymakers largely overturned a proposal from @Europarl_EN calling for money-laundering checks on all transfers to unhosted crypto wallets on Wednesday.
Under the new agreement, verification requirements for unhosted wallets will only apply for transfers to one’s own private wallet, and only when the transfer is over 1,000 euros (~$1,052). coindesk.com/policy/2022/06…
EU lawmaker @OKovarikMEP told CoinDesk the final result had “moved quite far from the initial proposal of the European Parliament.” Back in March, lawmakers demanded checks on all transfers to and from private crypto wallets. coindesk.com/policy/2022/03…
Happening now: Join us as we discuss what the job market looks like in the midst of this crypto winter as part of #FutureofWorkWeek, presented by @Nexo.
“The mood is actually not all that grim … some of the best ideas and some of the best businesses get built during these times.” — @BlockchainAssn’s @DanSpuller
“I think this is a really good time for companies to regroup and really determine what their core product is. I have not seen any layoffs in product or engineering which is very encouraging.” — @jennapilgrim
CoinDesk interviewed over a dozen former employees and insiders. Nearly all asked for anonymity for fear of reprisal.
They say execs downplayed some cyber breaches, did not disclose others and prematurely stopped investigations into a $90 million hack. bit.ly/3wkTM46
Employee concerns about regulatory, cybersecurity and business risks were dismissed and ignored by management. They were also blamed for not generating more revenue. bit.ly/3wkTM46
Utilizing the Lightning Network, millions of people can send fractions of a bitcoin at instant speed – at the same time. But it does not come without drawbacks.
Retention is an important metric for the business of mobile games and monetizing them with #bitcoin seems to suggest an overall improvement to the business of the game. But what about adoption?