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Fidelity-Backed Exchange OSL Cuts Workers Amid Ongoing Crypto Winter: Bloomberg
17.1.2023
The number of layoffs at the Hong Kong crypto exchange was not specified
Developers Keep the Candle Burning During Chilly Crypto Winter
17.1.2023
A new report released by Web3 developer platform Alchemy suggests that while this past year saw token trading slow, the number of smart contracts deployed on Ethereum continues to grow
What Bitcoin Price Models Flashing Green Reveal - Is Crypto Winter Turning to Spring
16.1.2023
Bitcoin has been pumping since the start of 2023. The world’s first and largest cryptocurrency by market capitalization was last changing hands close to $21,000, up a stunning 27% so far on the month. That means Bitcoin is on course for its best monthly gain since October 2021, despite the month...
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
14.1.2023
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade...
Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry's Cruel Winter Continues
12.1.2023
The company is shedding 110 staffers in a bloody week of layoffs across the crypto sector
Judge slams senators' letter against FTX lawyers as 'inappropriate'
12.1.2023
Bankruptcy judge John Dorsey called the bipartisan letter “inappropriate," and that he won't take it into account in his decision for an independent examiner
Argo Blockchain mines 25% less Bitcoin due to winter storm at Helios
11.1.2023
Argo Blockchain mined less Bitcoin than expected in December due to the firm curtailing mining operations at Helios amid extreme weather conditions
Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees
10.1.2023
Major cryptocurrency exchange Coinbase has announced its third round of layoffs amid the ongoing bear market, reducing its headcount by a total of 950 employees, or 20% of its workforce. ...
Read More: Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees
These Businesses Will be The Survivors of the Crypto Winter, Says a Top Financial Services Lawyer
10.1.2023
Crypto companies that keep their faith in the sector, and that are able to harness the value of traditional risk management and compliance, will survive the crypto winter, one leading financial services lawyer has argued....
Read More: These Businesses Will be The Survivors of the Crypto Winter...
Coinbase Cuts Around 20% Workforce as Crypto Winter Rages
10.1.2023
Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023
Hong Kong’s Financial Secretary Doubles Down on Crypto Hub Positioning Despite Crypto Winter
9.1.2023
Paul Chan, Hong Kong's Financial Secretary, said that, despite the ongoing market downturn, the city would continue to work toward becoming a major crypto hub, attracting businesses from across the world.
Chan, the Financial Secretary since 2017, was speaking at a Web3 forum, Bloomberg reported...
SuperRare cuts 30% of staff as growth slows during crypto winter
7.1.2023
Despite only being a week into the new year, SuperRare adds to a number of firms announcing staff cuts such as Huobi and Genesis
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
6.1.2023
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm...
The ‘Quantum Miami’ conference turns the heat up on crypto winter from January 25-27th, during Miami Blockchain Week
4.1.2023
Quantum Miami 2023 sets the global cryptocurrency center stage as thousands of crypto industry trailblazers, Web3 leaders, high net worth investors, global media, and blockchain technologists converge together in Miami at the James L. Knight Center from January 25th – 27th, 2023. Building...
As the Industry’s Backbone, DeFi Will Continue to Build Through the Crypto Winter
1.1.2023
Mariano Di Pietrantonio is the Head of Strategy at MakerGrowth, a core unit of MakerDAO, the lending platform that manages the DAI stablecoin.__________...
Read More: As the Industry’s Backbone, DeFi Will Continue to Build Through the Crypto Winter
'Crypto winter' won't end in 2023 — Bitcoin advocate David Marcus
31.12.2022
It will be "another tough year" for crypto in the wake of the FTX scandal, suggests the former Meta executive turned Bitcoin Lightning Network advocate
Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
30.12.2022
Bitcoin miners had a rough 2022, showing “how to not build a mining business,” However, industry experts don’t see 2023 as any better, unless markets improve significantly
Despite the Frost of Crypto Winter, The Wrapture Holders Kept Their Cool
30.12.2022
Dmitri Cherniak's art project-meets-social experiment The Wrapture showed the power of social coordination and trust within the NFT space in the face of market uncertainty
Crypto Winter Will Last 'At Least Another Year' Says Founder of Crypto Firm Which Just Laid Off 40% of Its Workforce
28.12.2022
Octopus Network, a multichain cryptonetwork built on NEAR Protocol, has laid off some 40% of the core team and lowered pay for the rest due to the ongoing crypto winter - a cold wave that will not be ending for at least another year, argued the project's founder Louis Liu.
The string of companies...
First Mover Asia: Bitcoin Drifts Lower as Crypto Winter Continues
28.12.2022
ALSO: CoinDesk Columnist David Z. Morris' early soothsaying about the seriousness of the allegations against Sam Bankman-Fried, the former CEO of embattled crypto exchange FTX; bitcoin drifts toward $16.7K