• Chipper Cash, a Nigerian fintech firm, recently announced it has laid off a second batch of workers due to the macroeconomic climate.
• Reports have estimated that the layoffs are around 12.5% of the company’s entire workforce.
• CEO Ham Serunjogi dismissed reports that the fintech has shut down its crypto department, claiming it is one of their “fastest growing products.”
Chipper Cash Lays Off More Workers
The Nigerian fintech firm Chipper Cash recently said it has let go of more employees in order to help contain their operating costs. Although no exact figure was given, one report estimated this to be around 100 people, or 12.5% of Chipper Cash’s entire workforce.
CEO Dismisses Crypto Department Shutdown Rumors
Chipper Cash CEO Ham Serunjogi has denied reports that the fintech has shut down its crypto department. He claims that this is one of their fastest growing products and they will continue to invest in it despite the deteriorating macroeconomic climate.
Deteriorating Macroeconomic Climate
The retrenchment exercise conducted by Chipper Cash affects all areas from human resources to research and legal departments. Due to unfavorable circumstances prevailing for more than one year, Chipper Cash can only operate effectively with a smaller team.
Chipper Cash Remains Committed
Despite these cuts, Chipper Cash remains committed to its core markets and products where they believe they can thrive best in this environment. The firm also believes that investing in their crypto trading platform will help them remain competitive and reach new heights in Africa’s digital economy space .
Conclusion h2 > The layoffs conducted by Chipper cash demonstrate how important it is for companies operating in this sector to adapt quickly to changing economic conditions if they want to remain successful and relevant in today’s rapidly evolving digital world.
• Dogecoin (DOGE) and Shiba Inu (SHIB) surged after Elon Musk tweeted a picture of a Shiba Inu dog.
• The global cryptocurrency market cap rose 2.42% as a result of this tweet.
• Both dogecoin and shiba inu saw their prices climb for the second consecutive day, breaking out of various resistance levels.
Elon Musk Tweets Dog CEO Pictures
On Feb. 15th, Tesla CEO Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing.
Dogecoin (DOGE) rose by as much as 6% on Wednesday, as markets reacted to tweets from Tesla CEO Elon Musk. DOGE/USD surged to an intraday high of $0.08707 earlier in today’s session, which comes a day after trading at a bottom of $0.08141. Today’s move saw the meme coin climb for a second straight session, breaking out of a resistance level at $0.0840 in the process .Upside momentum comes as the 14-day relative strength index (RSI) surged, and as of writing it is tracking at 50.81 Price strength has now risen to its highest point in nearly a week, and is fast approaching a ceiling at 52.00. As a result of this, earlier gains have somewhat eased, with dogecoin now trading at $0
• A Reddit user discovered a 7zip file containing a file named “Julianassange.txt” in the Bitcoin blockchain
• Many speculated that it was created by Julian Assange as a “dead man’s switch”
• The contents of the 7zip remain unknown until someone cracks it
Redditor Discovers 7zip File Possibly Linked to Julian Assange
A Reddit user recently discovered an encrypted 7zip file hidden in the Bitcoin blockchain, which may be linked to Wikileaks founder Julian Assange. According to u/sprxzk34620, who posted about the discovery on r/bitcoin, the file can be obtained by splicing the pubkhash seg of all output scripts from a specific transaction that occurred on January 5th 2017 and was mined at block height 446,713.
Speculation Surrounds Purpose of File
The file is labeled “Julianassange.txt” leading many to speculate that it was created by Assange himself as a “dead man’s switch” – i.e., data intended to be released publicly if something happens to him. Others have suggested that it may contain an encrypted link or files exposing sensitive information related to Wikileaks or Assange himself. However, others are more skeptical and suggest it’s likely just a hoax given its name and content.
Coincidence with Video Read From Blockchain Hash
Coincidentally, this transaction took place five days before Assange read from Bitcoin’s block hash height 447,506 in a recorded video- seemingly proving he was still alive at the time despite being held up for eight years in the Ecuadorian embassy in London. When asked about his wellbeing he stated: “Don’t take some cryptographic proof as evidence that I am okay…I’m not.” He was later arrested when police raided the embassy on April 11th 2019.
Content of 7Zip Remains Unknown Until Cracked
Unless someone is able to crack open this encrypted zipfile, its contents will remain unknown and speculation around whether or not it is associated with Wikileaks or Assange will continue indefinitely – potentially forever if no one ever manages to crack it open..
Debate Over Arbitrary Data Added To Blockchain
The discovery has also sparked debate amongst redditors over whether arbitrary data added into blockchains is wasteful and should be avoided since every byte added onto them increases their size exponentially.