Huobi employees revolt, GameFi lives, Antminer on steroids: Asia Express By Cointelegraph

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Huobi employees revolt, GameFi lives, Antminer on steroids: Asia Express

Our weekly roundup of news from East Asia curates the industrys most important developments.

According to local media reports, cryptocurrency exchange Huobi Global has terminated all year-end employee bonuses and benefits, as well as axed its entire core development staff located in mainland China. The laid-off staff will be instead switched to advisory contracts that do not receive protection under Chinese labor laws. Employees also claim that their leftover paid vacation days and sick leave days for 2022 were set to zero without prior notification.

Superpower Squad is a multiplayer battle arena blockchain game. Source: Superpower Squad
A Bitmain ASIC miner. Source: Newegg
WangYi’s Chinese New Year metaverse. Source: WangYi

Continue Reading on Coin Telegraph

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Huobi employees revolt, GameFi lives, Antminer on steroids: Asia Express

Our weekly roundup of news from East Asia curates the industrys most important developments.

According to local media reports, cryptocurrency exchange Huobi Global has terminated all year-end employee bonuses and benefits, as well as axed its entire core development staff located in mainland China. The laid-off staff will be instead switched to advisory contracts that do not receive protection under Chinese labor laws. Employees also claim that their leftover paid vacation days and sick leave days for 2022 were set to zero without prior notification.

Superpower Squad is a multiplayer battle arena blockchain game. Source: Superpower Squad
A Bitmain ASIC miner. Source: Newegg
WangYi’s Chinese New Year metaverse. Source: WangYi

Continue Reading on Coin Telegraph

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