W

FalconX cuts 10% of workforce amid prolonged crypto market slump: Report

Business Management
Share
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report

According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies continue to trim costs.

FalconX cuts 10% of workforce amid prolonged crypto market slump: Report

FalconX cuts 10% of workforce amid prolonged crypto market slump: Report


Source:Cointelegraph

DisclaimerPlease read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Meta’s stock jumps as new personal AI agent Muse addresses a major investor concern

Meta’s Muse could be the beginning of a product cycle that the market has not yet priced into the stock, an analyst says. Source:MarketWatch

Hunter Biden’s laptop controversy gets a memecoin afterlife

The project’s disclosures say LAPTOP has no utility, lock founder tokens for six months and reserve 2% for wallets that lost money on TRUMP.…

Italy’s central bank orders sanctions screening for crypto transfers

Banca d’Italia ordered crypto service providers to implement internal controls to screen for crypto transfers tied to sanctioned entities. Source:Cointelegraph

Germany moves to tax bitcoin like stocks as new draft bill targets tax-free gains

Existing holdings would keep the current tax treatment, which can allow taxfree sales after a 12month holding period. Source:CoinDesk

Sourcehttps://cointelegraph.com/news/falconx-workforce-reduction-amid-crypto-market-slump-report