business

CDCROP: Lending money handing over paying cash (Shutterstock)
Porter Finance Team Returns for Second Shot at DeFi Bonds Project
Months after Porter Finance was shuttered due to lack of demand, three of the four team members say they still feel the potential for on-chain bond issuances is massive.
CDCROP: Lending money handing over paying cash (Shutterstock)

Genki Oda
Some, Not All, Crypto Token Screenings Will Be Scrapped, Japan’s JVCEA Official Says
The legally approved self-regulatory body wants to streamline screenings for tokens that are already listed on local exchanges while keeping existing standards for other assets including those only listed on foreign platforms.
Genki Oda

CDCROP: Formula One (F1) team McLaren Racing unveiled a crypto-inspired look for its racing cars at an event in Singapore on Tuesday. (McLaren Racing)
McLaren Racing Unveils Crypto-Inspired Car Livery Ahead of Singapore GP
The Singapore Grand Prix takes place on Oct. 2.
CDCROP: Formula One (F1) team McLaren Racing unveiled a crypto-inspired look for its racing cars at an event in Singapore on Tuesday. (McLaren Racing)

Okay Bears via Magic Eden
NFT Project Okay Bears Signs Licensing Deal With IMG
IMG has been appointed as the exclusive global licensing representative to launch consumer products and experiences for the Solana-based PFP project.
Okay Bears via Magic Eden

Contract
B2B Payments Startup Paystand Acquires Mexican Peer Yaydoo
While the companies will operate independently, there is hope for cross-selling opportunities.
Contract

CDCROP: STEPN rewards runners and walkers with crypto – so long as they buy the NFT (Raúl González/Flickr)
Solana-Based STEPN Reports $122.5M in Q2 Profits
The team will use 5% of the profits to initiate a buyback and burn program of its native GMT tokens.
CDCROP: STEPN rewards runners and walkers with crypto – so long as they buy the NFT (Raúl González/Flickr)

(artisteer/iStock/Getty Images Plus)
CoinFLEX Begins Arbitration to Recover $84M in Delinquent Debt
The trading platform also said it was speaking with depositors looking to help the business by “rolling some of their deposits into equity.”
(artisteer/iStock/Getty Images Plus)

Female office worker feeling sadness after her get layoff notice unemployment after Covid-19 Spread and Covid-19 lockdown, Company recession business.
Prestamista Celsius recorta 150 puestos de trabajo en medio de reestructuración
Los retiros de dinero están todavía pausados y la compañía ha contratado expertos en reestructuración mientras atraviesa una crisis financiera.
Female office worker feeling sadness after her get layoff notice unemployment after Covid-19 Spread and Covid-19 lockdown, Company recession business.

Female office worker feeling sadness after her get layoff notice unemployment after Covid-19 Spread and Covid-19 lockdown, Company recession business.
Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report
Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis.
Female office worker feeling sadness after her get layoff notice unemployment after Covid-19 Spread and Covid-19 lockdown, Company recession business.

businessman with binoculars
JPMorgan Says Crypto Market Deleveraging Cycle Won’t Be Lengthy
Stronger crypto companies are stepping in to help contain contagion, and venture capital funding is still healthy, the bank said.
businessman with binoculars