Well-known Singaporean Korean Charles Lee's Web3 business landscape is facing major challenges. It is unknown whether this is his Waterloo in the industry.
JinseFinanceThe restructuring unfolds as the corporate parent of Facebook approaches the conclusion of its designated "year of efficiency."
KikyoCake Group, led by CEO Julian Hosp, announces a significant retrenchment and restructuring effort to realign with its core business, Bake, impacting 52 team members, while unveiling Cake 2.0 for a strategic shift in focus amidst challenges in the crypto landscape.
Jasper
Coinlive As part of the defunct crypto lender's reorganization plans, Celsius is mulling the issuance of a new crypto token that would let the firm aise funds and repay its creditors.
decryptJohn Ray's statement on Twitter stressed that SBF no longer speaks on behalf of the exchange and affiliated companies.
CoindeskCelsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing.
CointelegraphLessons from the crypto crash: Just like in the aftermath of the dot-com bust, the crypto market now has to trim the fat.
CointelegraphCelsius, a crypto lending firm, froze their withdrawals on Sunday and now has hired restructuring attorneys from a law firm ...
BitcoinistThe Nasdaq 100 is looking increasingly like it did in the year 2000, warns Peter Brandt, and that has no positive implications for Bitcoin.
Cointelegraph