There’s no doubt that the crypto industry is at an inflection point. In the past months, a series of scandals—including bankruptcy, insider trading, and unorthodox withdrawals—have rocked fragile conf...
Tag: IndustryWide
Matrixport looking to raise $100M amid industry-wide lending crisis
Singapore-based Matrixport is out to raise funds. The firm, which is among the largest crypto-lenders in Asia, is seeking a funding of $100 million amid a brutal market for lenders as the crypto-indus...
The crypto bear market is causing industry-wide workforce reduction
As the crypto bear market continues, organisations across the industry are reducing their workforce to tackle massive financial losses. The cryptocurrency industry has met the sharp end of the global ...
How Polygon Averted An Industry-wide Disaster
Polygon, a Layer 2 scaling network based on Ethereum, has kept its silence for almost a month about a critical vulnerability that almost destabilized its ecosystem, with roughly $24 billion worth of M...