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Crypto Downzing Continues as Huobi Plans to Prune Workforce by 20%

Crypto Downzing Continues as Huobi Plans to Prune Workforce by 20%

The downsizing wave that swept through the cryptocurrency industry in 2022 is still on track as Seychelles-based cryptocurrency exchange, Huobi, has disclosed its plans to prune down its workforce by 20%. Huobi told Reuters on Friday that it intends to maintain “a very lean team” to cope with the current bear market in the industry. …

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LCG Enlists IG Group, to Engage Other ‘Industry-Leading Providers’

LCG Enlists IG Group, to Engage Other ‘Industry-Leading Providers’

London Capital Group (LCG), a spreadbetting and CFD trading provider, has announced its partnership with online trading provider, IG Group. LCG said it wants to leverage IG Group’s platform, pricing and execution technology. “IG’s Web Trading Platform is well established, industry-leading technology, backed by IG’s excellent pricing, liquidity and execution. We’re delighted to add their …

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Ransomware incident exposes medical data in Pennsylvania

Ransomware incident exposes medical data in Pennsylvania

Maternal & Family Health Services, a nonprofit organization that oversees and supports a network of health and nutrition centers in 17 northeastern Pennsylvania counties, announced Tuesday that it was hit with “sophisticated” ransomware on April 4, 2022.  WHY IT MATTERS The unauthorized access to the organization’s systems occurred between August 21, 2021 and April 4, …

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LDO holders might be in profitable position, thanks to upcoming ETH upgrade

LDO holders might be in profitable position, thanks to upcoming ETH upgrade

LDO demand may surge thanks to an upcoming Ethereum upgrade. LDO bulls for the win, but short-term momentum is losing steam. Anyone planning to stake Ethereum [ETH] and other cryptocurrencies is probably contemplating going the route of Lido Finance [LDO]. The latter is currently one of the largest staking platforms, and this, by extension, makes …

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Southwest’s meltdown could end up being good for travelers

Southwest’s meltdown could end up being good for travelers

Illustration: Shoshana Gordon/Axios A combination of regulatory threats and competitive pressure in the wake of Southwest Airlines’ disastrous holiday meltdown could make it easier for travelers to assert their rights when travel plans go wrong. Why it matters: Nearly 1 in 4 U.S. flights was canceled or delayed between January and September 2022, according to …

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Pete Buttigieg shuts down Fox News anchor’s question on traveling overseas with husband: ‘Why is it any different?’

Pete Buttigieg shuts down Fox News anchor’s question on traveling overseas with husband: ‘Why is it any different?’

Transportation Secretary Pete Buttigieg in an interview with Bret Baier at Fox News on Thursday. (Paul Morigi/Getty Images) Transportation Secretary Pete Buttigieg deftly shut down accusations raised by Fox News anchor Bret Baier on Thursday about bringing his husband on an international presidential delegation, asking why it should be “any different” from trips taken by …

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