NFT
More industry bad news as now Yuga Labs also cuts staff
By Dan K October 6, 2023 16:11 at 16:11 UTCYuga Labs, the $4billion firm behind the Bored Ape Yacht Club, has announced a reduction in its workforce today.
Dan is a seasoned blockchain reporter and cryptocurrency enthusiast with a passion for making complex topics easily digestible for a broad audience. With years of experience covering the dynamic world of blockchain technology and digital assets, Dan has established himself as a respected voice in the CoinNews community.
Yuga Labs, the $4billion firm behind the Bored Ape Yacht Club, has announced a reduction in its workforce today.
Kraken has today announced a deal to acquire Dutch-based crypto exchange Coin Meester B.V. (BCM) as it eyes a European expansion.
Gemini has declared a suspension of its services in the Netherlands, effective from 17th November.
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CZ has today denied that he is the owner of CommEX, the brand-new company that has bought the Binance arm in Russia.
Crypto exchange Binance has agreed to sell all of its Russia business to CommEX as it aims to totally exit the market over compliance issues.
Ethereum has not delivered desired results on the network since the Shanghai upgrade last April, according to analysts at JPMorgan.