Crypto Winter News

Bitcoin has maintained a higher market capitalization than electric vehicle powerhouse Tesla, despite about 50% below its all-time high.

The Justin Sun Group, including TRON, HTX, Poloniex and TUSD, reported a 14% increase in revenue from the previous quarter.

Superdao founder Yury Lifshits hints at shutting down the platform despite launching many decentralized autonomous organizations (DAOs) since its launch in 2021.  According to a letter published on the company’s Notion, Superdao has ceased operations, saying that the crypto ecosystem…

A spokesperson for the firm behind the browser said the layoffs were made due to a challenging economic environment. Brave Software, Inc., a company behind the Brave crypto web browser, reduced its workforce by 9% to optimize cost management amid…

Chainalysis, a blockchain analysis company backed by Singapore’s leading wealth fund GIC, has reduced its workforce by 15%.

Dapper Labs announces layoffs of 51 colleagues in a bid to ensure a lean and innovative future. This comes as the second round of lay-offs within a years time.

CleanSpark has announced the purchase of 12,500 units of the Antminer S19 XP bitcoin mining machines for a sum of $40.5 million. Once CleanSpark receives a shipment of the miners, its total hash rate is expected to reach 16 eta…

Binance has reportedly begun laying off employees. The news was first reported by Wu Blockchain on Twitter, who cited multiple sources confirming the layoffs. Binance, which employs approximately 8,000 people worldwide, is rumored to lay off about 20% of its…

Blockchain analytics platform Nansen has revealed plans for a significant reduction in its workforce by 30%. The latest development comes as the company aims to streamline operations and reduce costs amidst a prolonged downturn in the crypto markets.

The ongoing crypto winter is serving as a much-needed purge for the industry, weeding out "unsavory operators" and sparking expedited regulatory action, according to Fred Thiel.

New York's H.C. Wainright's analysts beleive the crypto winter is now over and its all bullish for crypto now. The analysts also predict that C

The crippling crypto winter has necessitated massive layoffs across all industry sectors. But despite those, the employment rate has hit a record high this year. Crypto winter not slowing down Web3 projects Since the beginning of the crypto winter earlier…

Bobby Lee, a renowned crypto enthusiast, in a recent CNBC interview, said he is not a "know-it-all" expert, as his earlier prediction of BTC soaring to $100k failed.

The Executive Director of Mastercard, Grace Berkery, reportedly considered the crash of the FTX network as a chance for the crypto market to stabilize.

According to a recent survey released by CNBC, Only 8% of Americans are bullish on crypto. The report shows low interest levels on crypto by American citizens as Brook believes the FTX collapse to be the cause.

U.K. crypto startup, Koinly, is laying off 14% due to unfavourable crypto market conditions.