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In the early days, Bitcoin and crypto market cycles were largely influenced by halving events. These happen approximately every four years, or every 210,000 blocks, when the block reward for…
BlockchainCom – a crypto financial services company – has let go of 25% of its employees due to harsh market conditions. That’s 150 roles cleared from the firm. A Loss…
One of the worst affected crypto companies by the unpleasant macroeconomic conditions – Vauld – reportedly filed for protection against creditors in Singapore. The process should grant the entity the…
Edward Dowd – former Managing Director at BlackRock – thinks that bitcoin will be a much more stable asset once the bear market is over. He described it as “the…
Michael Novogratz – CEO of Galaxy Digital – recently said that he underestimated the extent to which leverage was circulating in the crypto economy over the past two months. He…
In its latest Insight report, the world’s largest digital asset manager, Grayscale Investments, compared the current bear market with other market cycles in crypto history to predict when the next…
On July 18,2022, an anonymous source linked to the crypto exchange Gemini said that the company had laid off 7% of its workforce. The source, who spoke with the Tech…
Devin Finzer – CEO of OpenSea – announced on Thursday that roughly 20% of employees have been let go by the NFT marketplace. The move is intended to better prepare…
Protagonist – a venture capital firm that supports entities in the digital asset industry – launched a $100 million fund that will be distributed to early-stage crypto companies. The initiative…
Dunamu – the company behind South Korea’s leading crypto exchange Upbit – plans to invest 500 billion won ($380 million) in the next five years and create approximately 10,000 new…