Category Archives: Blog

Binance’s bitcoin reserves are fully collateralized according to auditing firm Mazars

Auditing firm Mazars has released a report about Binance’s BTC reserves. The auditing firm has reached the same conclusion as Binance itself. As of November November 22 at 23:59 UTC, Binance held enough bitcoins and wrapped bitcoins to cover all users’s balance on the exchange. Binance had already launched a proof-of-reserves website nearly two weeks…

Dear Sophie: How do tech layoffs impact PERM and the green card process?

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: How…

Microsoft Teams targets Facebook Groups with new ‘Communities’ feature

Microsoft Teams launched a new “Communities” feature on Android and iOS devices, the company announced today. Users can now create and organize groups with their recreational sports club, event planning committee, parent-teacher association, or any other group in their community. The feature gives users access to group calendars, event scheduling, meetings, document/photo sharing, video calls…

Plaid lays off 20% of staff, CEO says the fintech company ‘hired and invested ahead of revenue growth’

Fintech decacorn Plaid is laying off 260 employees, or about 20% of its workforce, the company announced today. While specific details around who exactly was affected remain unknown, sources in recent months had told TechCrunch that the San Francisco-based startup’s engineering team was likely to take a big hit. In March, Plaid CTO Jean-Denis Greze…