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While the FTX collapse may have had a severe effect on the broader crypto market, some companies bore the brunt of the impact and were directly hit by the storm that the embattled crypto exchange brought. Here are some of the affected companies that Cointelegraph tracked up to Nov. 17, 2022.
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The regulator is actively courting companies. James Bernard, founding partner of consultancy JBLV and founding member of the Dubai Global Blockchain Council told CryptoX that VARA is “inviting some of the top companies around the world to be part of its MVP,” he said, whether that be exchanges, decentralized finance
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GameFi's constantly evolving model could make "today's AAA game companies look like peanuts", said Jack O’Holleran, CEO of Skale a multichain Ethereum native network that powers Web3 games. In fact, blockchain-based games and metaverse projects are showing resilience amid a winter that has dragged down many players in the crypto
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The Information Commissioner’s Office (ICO) has issued a reprimand to the Department for Education (DfE) following the prolonged misuse of the personal information of up to 28 million children. An ICO investigation found that the DfE’s poor due diligence
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Second, and as discussed above, the CFTC cites the respondents’ public statements and marketing as examples of business control. For example, the commission points out that the co-founders “made public statements, appeared in interviews, wrote articles, led calls with community members that are publicly available on YouTube and otherwise publicly
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As inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. To put this in perspective, data from Layoffs.fyi found that over 700 tech startups have experienced layoffs this year, impacting at least 93,519 employees globally. It has also been
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Crypto companies are still hiring but might not be actively recruiting amid the market downturn. If you are considering joining the space, however, this is still a good time to get your feet on the door, sources in the industry told Cryptox. “While there may not be as many open roles
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If a fully decentralized, completely on-chain, crypto-native entity governed by a decentralize autonomous organization is the solution, then Spindl ain’t it – at least not yet. While García Martínez said he’s “absolutely for decentralization and composability and trustlessness,” convincing crypto companies that Spindl’s data is worth it comes first. Source
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A number of food companies have recently begun to position themselves within the Web3 ecosystem by filing trademark applications for the Metaverse and nonfungible tokens (NFTs). Licensed trademark attorney Mike Kondoudis shared in a tweet that Kraft Foods Group had filed a trademark for its iconic hot dog-shaped Weinermobile on Oct. 12.
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Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a record $5.3 billion in July, which is a 16.5% increase year-over-year compared to the same period last year. The steady growth presents myriad opportunities for fintech companies.Not
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