Dec 26, 2018 Forex News
The decline in the cryptocurrency market has a negative effect on mining companies and trading platforms.
Chinese Internet resources reported that Huobi is considering the possibility of laying off 50% of staff.
One of the company's managers, who wished to remain anonymous, said that during the special testing on the blockchain technology, the best employees would be selected and they would be able to save their jobs. If employees fail the test twice (the test will include 2,000 questions), then the Huobi management will say goodbye to them.
According to the top managers of the company, a new measure for determining the professionalism of employees will positively affect the competitiveness of the giant in the face of weakening investor interest in digital assets.
According to another source, last week the company has already laid off about 100 people. Huobi employs 1,000 people in total, half of whom may lose their jobs.
Currently, Huobi occupies the third position in the world ranking in terms of trading digital assets after OKEx and Binance.
Earlier it was reported that the mining giant Bitmain officially confirmed the information that will reduce the number of employees by half. Among the main reasons that prompted him to carry out such optimization, was the fall in revenues due to the collapse of the cost of Bitcoin and altcoins.
Despite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise
Mar 2, 2023 Forex Forecast
Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;
Jul 1, 2022 Company News
On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto
Mar 10, 2022 Company News
Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)
Feb 14, 2022 Company News