Bybit to Cut 30% of Workforce as Crypto Bear Market Deepens
Centralized crypto exchange Bybit has become the latest to axe staff as crypto winter deepens. The move adds to layoffs by the company earlier this year in June.
Centralized crypto exchange Bybit has become the latest to axe staff as crypto winter deepens. The move adds to layoffs by the company earlier this year in June.
Bankman-Fried is “not sure” if he’ll appear before Congress for a hearing later this month. The post Sam Bankman-Fried ‘will testify’ before Congress — eventually appeared first on The Block.
Lawmakers wanted the disgraced cryptocurrency exchange founder to testify about the collapse of FTX.
One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress.
The Ethereum co-founder has recommended weary crypto investors to shift away from price watching and focus on the tech instead.
Bybit is the latest crypto exchange to slash a sizeable portion of its workforce.
FTX founder Sam Bankman-Fried tweeted on Sunday that he would testify before the House Financial Services Committee after he finished “learning and reviewing” the events that led to the spectacular…
Nobel laureate and noted economist Paul Krugman says the collapse of FTX could be the beginning of the end for the crypto industry. In his New York Times column, Krugman…
Brian Armstrong says only the “most gullible person” would believe an $8 billion hole was due to lackluster accounting.
According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onboarding platform “as a fiat on-ramp to buy crypto.