Newsletter Jun 21, 2022
Bybit To Lay Off Employees Due To Inflation And Market Volatility

Cryptocurrency exchange Bybit has decided to lay off 20-30% of its employees, as per Chinese crypto reporter Colin Wu.

Dogecoin Co-Creator Blames DeFi For Crypto Crash, Says Cryptocurrency Is A 'House Of Cards'

"If you think of [Crypto] as a house of cards, some of the cards at the bottom of that have started to crumble," Palmer described the crypto crash.

Top Cryptos Indicate Signs Of Recovery But Bullish Reversal Not Foreseen Yet

Meme cryptos Shiba Inu and Dogecoin surged too. 

Google Search For 'Bitcoin Dead' Reaches All-Time High Following Worst Crypto Bloodbath

Binance CEO Changpeng Zhao says it is the best time to invest in crypto.

South Korean Authorities Impose Travel Ban On Terraform Labs' Employees

A whistle-blower reportedly revealed to the authorities that Kwon once told them about making enough money to buy an island.

Blockchain Firm Metajuice To Launch NFT Marketplace

To kick off the NFT Marketplace, IMVU is collaborating with metaverse-native luxury fashion house Auroboros to host a design challenge. 

KYC Not Mandatory For Unhosted Wallets In The UK

The United Kingdom Treasury published its June report confirming its decision to rescind requirements for crypto firms to collect personal user data.

ProShares Is Set To Debut Bitcoin Short ETF On NYSE

ProShares will debut an inverse Bitcoin ETF called the ProShares Short Bitcoin Strategy ETF on the New York Stock Exchange on Tuesday.

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