NFT marketplace OpenSea to lay off 20% of its staff
The largest NFT marketplace OpenSea will cut 20% of its staff, co-founder and CEO Devin Finzer said in a note to the team.
NFT marketplace OpenSea to lay off 20% of its staff
The largest NFT marketplace OpenSea will cut 20% of its staff, co-founder and CEO Devin Finzer said in a note to the team.
3AC responds to creditors’ accusations of a lack of dialogue
The founder of Three Arrows Capital (3AC), Su Zhu, described the hedge fund creditors' statements as "bullying" and questioned whether they had fulfilled their obligations during the early stage of the company's liquidation.
KuCoin’s user base grows to 18 million users
For the first half of 2022, KuCoin's user base grew 219% year-on-year to exceed 18 million users.
Bullish bitcoin exchange trims 10% of staff
The Bullish cryptocurrency exchange, tied to the EOS project and Block.one, laid off nearly 30 employees, about 10% of its staff. The Block reported this, citing sources familiar with the situation.
Cumberland flags risk of asset liquidations by troubled firms
Market recovery will determine how quickly the assets of troubled firms are liquidated to the benefit of stronger players in the industry, according to Cumberland, the market-maker.
Parity Technologies announces three senior leadership appointments
Parity Technologies, the Polkadot protocol development startup, told ForkLog about new leadership appointments.
Nexo eyes acquisition of Vauld, the crypto-lending platform
The crypto-lending platform Nexo and its competitor Vauld have signed a preliminary agreement for the sale of Vauld, according to sources familiar with the situation cited by The Block.
Coinbase signals continued expansion in Europe
Cryptocurrency exchange Coinbase announced its continued expansion into European markets.
Peter Thiel-backed crypto-lending platform Vauld suspends operations
The Singapore-based crypto-lending platform Vauld announced a potential restructuring. Trading, withdrawal and custody of funds have been suspended.
Media reports Celsius cuts about 150 employees
The crypto-lending platform Celsius Network has laid off about 150 employees amid the ongoing liquidity crisis. Calcalist reports.
Abra cuts staff by about 5%
The digital asset management platform Abra cut 12 jobs "solely for cost-saving purposes," CEO Bill Barhydt told The Block.
JPMorgan sees deleveraging in crypto markets nearing its end
The worst of the bear market may be behind us, as strong players in the crypto industry are 'saving' the weak to contain contagion. This was reported by JPMorgan strategist Nikolaos Panigirtzoglou, according to Business Insider.We use cookies to improve the quality of our service.
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