Crypto Winter
Crypto Exchange Bybit to Cut 30% Staff Amid Crypto Winter
Crypto exchange Bybit will implement another round of job cuts, 30% of all staff, as it tries to refocus its operations amid a "deepening bear market," CEO Ben Zhou announced on Sunday in a Twitter post. "The Hash" panel discusses the latest fallout of crypto winter.
Here's Why TIME President Decided to Join MoonPay Amid Crypto Winter
Keith Grossman, president of TIME, is leaving the legacy media firm to join crypto payments infrastructure firm MoonPay. "MoonPay is the natural evolution ... to bring the next billion people into the [Web3] ecosystem," he says, explaining why he's decided to join the start-up amid crypto winter.
Bitcoin Jumps Briefly After Fed Minutes Indicate Officials Favor Slower Rate Hikes
Bitcoin (BTC) briefly jumped about 1% after minutes from the Federal Reserve’s November meeting showed that the majority of central bankers prefer a slower pace of rate hikes going forward. Brett Sifling, director of Get Invested at Gerber Kawasaki, discusses his crypto markets analysis amid continued macro headwinds. Plus, tips for surviving crypto winter.
What FTX Fallout Means for VC Funding in Crypto
In Q3 of this year, venture capitalist funding for crypto startups hit a new low in 2022, at roughly $5.5 billion in fundraising, according to Galaxy Digital. Dragonfly Capital Partner Tom Schmidt discusses the impact of crypto exchange FTX's collapse on the industry and outlook for investments in DeFi and NFTs amid crypto winter.
Arca CIO on the Prolonged Crypto Winter
Arca CIO Jeff Dorman discusses the impact of FTX’s collapse on the crypto industry and why this crypto winter will continue. "We could go through a couple of months of stagnant prices," Dorman said.
Arca CIO on Crypto Outlook After FTX Collapse
Cryptocurrencies are trading in sync following the collapse of Sam Bankman-Fried's FTX exchange while U.S. stocks remain unfazed. Arca CIO Jeff Dorman discusses the collateral damage of FTX’s bankruptcy and his markets outlook in a crypto winter.
How NFL Legend Tom Brady Is Caught in FTX Fallout
2022 has been a rough year for seven-time Super Bowl champion Tom Brady: a tarnished record after coming out of retirement, a divorce and now a potential wipeout of a strategic investment in troubled crypto exchange FTX. "The Hash" hosts discuss the latest fallout of the proposed FTX-Binance deal and crypto winter at large.
Marathon Digital CEO: We're Bullish on Bitcoin
Marathon Digital Holdings (MARA) mined 615 bitcoin (BTC) in October, the highest monthly total in its history. CEO Fred Thiel shares insights into Marathon Digital's business operations and the state of bitcoin mining amid crypto winter.
SuperRare COO on NFT Volumes in Crypto Winter: Crypto Art Is Alive and Well
Ethereum-based art marketplace SuperRare launches a subscription-like art distribution service. Chief Operating Officer Kyle Olney discusses the state of crypto art amid low NFT volumes in crypto winter, saying "there is no pullback in the [art] market."
Crypto's Reported Staff Cuts at BitMEX, Digital Currency Group, Galaxy Digital
Crypto venture capital company Digital Currency Group (DCG), the parent company of CoinDesk, has promoted Chief Operating Officer Mark Murphy to president amid a restructuring in which some 13% of its staff departed, according to Bloomberg. This comes amid news of other staff cuts at BitMEX and Galaxy Digital. "The Hash" panel discusses the latest hurdles for companies amid crypto winter.
