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ByBit Crypto Exchange to Layoff Third of Workforce Amid Ongoing Bear Market


Crypto exchange ByBit is planning to cut its workforce by 30% due to poor market conditions - which are likely to worsen, said its CEO Ben Zhou. Bloomberg cited co-founder and Chief Executive Officer Zhou as saying that reductions will be across the board. ... Read More: ByBit Crypto Exchange...

Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market


The crypto related revenue for the major chipmaker Nvidia reached $5.93bn in revenue for the third quarter. The figure was higher than expected, despite a slump in demand from both crypto miners and gamers. According to the company’s latest earnings report, Nividia’s total revenue for the third...

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