Hamster News Hey Hamsters! So much to unravel today – Humanoid robots taking over, huge layoffs in the industry, FTX’s exec going free, and more in today’s episode ofHamster News. Let’s dive in! Reddit got rid of almost all of its crypto assets, the recent SEC filings show. And it did so before the market saw the current market rise. Two major crypto companies – Consensys and dYdX – are laying people off. Blockchain software company Consensys let 160 people – 20% of its workforce – go. While dYdX, a DeFi protocol developer, cut their workforce by 35%. Nishad Singh, FTX’s former engineering exec, is not going to prison, unlike his former colleagues, for cooperating with authorities and testifying against Sam Bankman-Fried. Crypto adoption is at an all-time high in Eastern Europe – Chainalys
Leave a Reply