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At the same time, on-chain data shows that market interest in Dapper Labs' products is declining, following a broader trend of investors shying away from NFTs. On NBA Top Shot, October sales volume came in at $2.6 million, down from $40.8 million during the same time last year. During the
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"We are going to refocus on liquidity, latencies and a vibrant derivatives community including BMEX Token trading," BitMEX said in a statement shared with CoinDesk. "As an undesirable consequence, we had to make changes to our workforce. Our top priority is to make sure all employees who will be impacted
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CFTC Staff Recommend Rejecting Kalshi's US Election Contracts: Bloomberg Original Source
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The layoffs also come amid leadership shuffles. In early October, the company announced CEO Robert Gutmann and President Yan Zhao would be stepping down and returning to Stone Ridge Holdings Group, the parent company of NYDIG. Tejas Shah and Nate Conrad, both executives at NYDIG, would take over as CEO
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The move-to-earn blockchain game has seen a significant drop in
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The trading shop cut less than 10% of staff to “continue to position our business for long-term growth,” a spokesperson told CoinDesk Original Source
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Binance Australia's CEO says it is imperative that customer support
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"You may understandably ask what has changed in the past twelve months," TrueLayer CEO Francesco Simoneschi said in the blog post. "We are now operating in a very different context and more challenging market conditions. TrueLayer, while being in a position of strength, is not immune to these broader factors." Source
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEC Chairman Gary Gensler on Crypto Regulation Gary Gensler, the chairman
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Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com has continued to move forward with an agreement to rebrand the Los Angeles-based venue formerly known as the Staples Center.In a Monday tweet, Crypto.com released an artist’s rendering of some
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