BlockFi cuts 20% of workforce citing market downturn
BlockFi founders Zac Prince and Flori Marquez said that "market conditions that have had a negative impact on our growth rate," driving their decision to make the job cuts.
BlockFi founders Zac Prince and Flori Marquez said that "market conditions that have had a negative impact on our growth rate," driving their decision to make the job cuts.
The Bit4Sure API provides subscribers with direct access to Virtual Crypto’s proprietary algorithm model, giving them real-time confirmation of cryptocurrency transactions.
While the checklist guides influencers in properly promoting digital currencies, regulators in the United Kingdom say they remain adamant about advertising such risky assets.
After relaxing its digital asset listing regulations, Japan has its eyes set on improving taxation directives under a white paper being worked on by lawmaker Masaaki Taira.
Anchorage Digital clarified that the layoffs do not stem from financial challenges, and affirms that they remain in good financial standing despite the collapses of Silvergate and Signature Bank.
The exchange blamed the decision on the prolonged “crypto winter” plaguing the digital asset industry since the second quarter of the year.
Intercontinental Exchange (ICE), the company behind NASDAQ and the upcoming Bakkt cryptocurrency trading platform, is ready to launch its Cryptocurrency Data Feed.
Revolut is bucking this year’s massive tech layoffs tide, raising headcount by 20%, including in its digital assets business which accounts for 10% of revenue.
Devin Finzer attributed the decision to the "crypto winter and broad macroeconomic instability," stating that they need to prepare the NFT company "for the possibility of a prolonged downturn."
Formula One has entered the digital assets market to widen its audience reach by filing eight trademarks, focusing on NFTs, the metaverse, and virtual currency mining.
The Hong Kong government intends to amend the AML and CFT regulations to recognize exchanges legally but plans to limit the platforms’ services only to qualified investors.
Sources at NYDIG say the firm, which aimed to introduce BTC to the banking system, burned through the $1b it raised amid leadership shuffles at the top.