Bank of America Says Crypto Winter Concerns Haven't Frozen Investor Interest
Blockchain technology is the most significant evolution of software since the internet, the report said. Source
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Winter
Bybit is Reportedly Looking to Reduce its Workforce by 20 – 30% as Crypto Winter Bites
Summary: The Bybit crypto exchange is looking to reduce the organization’s size amidst the ongoing crypto winter. Bybit could reduce its workforce by a staggering 20% to 30% as it removes overlapping functions and build smaller agile teams. Affected employees will receive a severance package and access to Bybit’s employee career support in
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When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won’t Have a Place; Bitcoin Sinks Toward $20K
"I’ve been seeing a lot of speculation about BlockFi’s risk management practices that I want to address. While our policy is to not comment on specific counterparties, we are committed to providing as much transparency as possible, and it’s important to know the following:" (BlockFi CEO Zac Prince) ... "Spot
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The Bright Side of Crypto Winter
Above all, Consensus was a big tent. Huge, in fact, literally and figuratively. We drew 17,000 attendees to the conference itself, and another 3,000 attended satellite events. It was the South by Southwest of crypto, complete with concerts from Disclosure and Big Boi. And it will be next year, too. Original
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Binance CEO plans to leverage crypto winter
Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business.When asked how Binance will fare during the current crypto winter following reports of recruitment freezes at Gemini and Coinbase, he answered confidently. “It’s not the first time we’ve
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No One Is Saying ‘Crypto Winter’ At Consensus
I’ve attended most of the Consensus conferences since 2016, and one point of reference in particular stands out – the infamous 2018 conference at New York’s Marriot Marquis. It was the height of post-initial coin offering mania, and though the mood was beginning to turn sour, the event attracted nearly
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Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?
Coinbase, Gemini and other crypto exchanges are laying off employees. But the cutbacks have not been as deep as previous market downturns, so far. Source
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BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone
Investors wondering why digital assets are not outperforming traditional ones should be aware that the cryptocurrency ecosystem is an “emerging tech asset class and the tokens that power the ecosystem trade like high growth, speculative risk assets,” analysts led by Alkesh Shah wrote in a May 17 note. Original Source
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Bitcoin Miners’ February Production Fell on Shorter Month, Winter Storm
Recently, Argo and privately held Gem Mining both said the curtailing of operations to support community needs for extra power lowered their production in February, among other reasons. Meanwhile, seasonal energy curtailment programs in Quebec, Canada, also hampered the monthly bitcoin production for Canadian miner Bitfarms (BITF). “As planned, seasonal
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Crypto Miner Argo’s Monthly Sales, Bitcoin Output Fell on Higher Difficulty, Winter Storm
Argo Blockchain’s mining margin in February narrowed from the previous month. Original Source
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