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10 Traditional Companies that are Moving into Crypto Despite Market Downturn


Big traditional companies have continued to embrace crypto in a variety of ways over the past year, despite the current market downturn.  To keep you up to date on who is doing what to secure their slice of the crypto economy, we have gathered a list of 10 traditional companies that have recently...

Banking Giant Barclays to Invest in Crypto Firm Copper Amid Market Downturn


Multinational banking giant Barclays reportedly aims to invest in crypto custody firm Copper despite the declining global appetite for risk-on assets like cryptoassets. The UK-based bank is one of several new investors joining a funding round for Copper, Sky News reported Sunday, adding that...

Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot


Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg...

Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin


Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla...

Blockchain Games Strongest Category Amid Crypto Market Downturn


  Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar’s Industry Report for May shows. The sector’s resilience is clear despite a drop in the number of game transactions of 5% in May compared...

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