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  • DCG-owned crypto exchange Luno axes 35% of staff, citing market turbulence

    From cnbc.com

    Cryptocurrency exchange Luno is the latest company in the industry to make layoffs, setting out to cut 35% of its global workforce. The London-based firm’s CEO, Marcus Swanepoel, informed employees of the redundancies at 12 p.m. London time on Wednesday in a live-streamed town hall. “2022 has been an incredibly tough year for the broader tech industry and in particular the crypto market,” the company said in a statement shared with CNBC Wednesday. “Luno unfortunately hasn’t been immune to this turbulence, which has affected our overall growth and revenue numbers.” Luno has a total headcount of roughly ... (full story)

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    Cryptocurrency Miners Vote with Their Feet

    From cato.org|Jan 25, 2023

    To say the last few months have been tumultuous for the cryptocurrency industry may be an understatement. But it’s interesting to consider how the cryptocurrency mining industry ...

    Replying to @dogeofficialceo: Thank you, Sir Doge!

    From @elonmusk|Jan 25, 2023

    tweet at 12:59pm: @dogeofficialceo Thank you, Sir Doge! tweet at 11:35am: I for one think @elonmusk is hilarious https://t.co/hsCLhO5ULZ

    Stablecoin Issuer Circle Blames SEC for Derailing $9B Plans to Go Public

    From decrypt.co|Jan 25, 2023

    Circle’s plans to go public last year via a $9 billion SPAC merger failed due to inaction by the United States Securities and Exchange Commission, the crypto firm alleges. The ...

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    'Bitcoin Jesus' Roger Ver Says He Doesn't Have to Pay the $21M He Owes Genesis

    From decrypt.co|Jan 25, 2023

    Bitcoin evangelist Roger Ver said in a Reddit post yesterday that he has “sufficient funds” to pay now-bankrupt crypto broker Genesis the $21 million he owes, but argued that he ...

    Binance's 8 Wallet "error" was there for all to see

    From axios.com|Jan 25, 2023

    Binance, the world's largest crypto exchange, kept coins in a wallet with others that didn't belong there, raising the specter of company and customer assets commingling. The big ...

    Tesla Crypto Holdings Unchanged

    From @tier10k|Jan 25, 2023|2 comments

    tweet at 4:07pm: [DB] Tesla Crypto Holdings Unchanged

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  • Posted: Jan 25, 2023 2:09pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 115
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