Only two months since entering 2023, thousands have been laid off in the digital currency industry, but hopes of a bull market remain, though it may not likely be the same as before.
A New York judge ruled that the use of money bag, stock chart, and rocket ship emojis by Dapper Labs amounted to financial advice in its class-action lawsuit.
Dapper Labs CEO Roham Gharegozlou announced the layoffs in an email to investors, just three months after the NBA Top Shots maker initially laid off 20% of its team.
A U.S. District Court finds the NBA Top Shot Moments NFTs have elements of being security based on the Howey test, thereby violating the securities laws, a ruling slammed by Dapper Labs.
