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Consensys and cut jobs, Reddit sells off all crypto, FTX scandal twist Hamster News #tagrumble #
Hey Hamsters! 🐹 So much to unravel today — Humanoid robots taking over, huge layoffs in the industry, FTX’s exec going free, and more in today’s episode of Hamster News. Let’s dive in! Reddit got rid of almost all of its crypto assets, the recent SEC filings show. And it did so before the market saw the current market rise. Two major crypto companies — Consensys and dYdX — are laying people off. Blockchain software company Consensys let 160 people — 20% of its workforce — go. While dYdX, a DeFi protocol developer, cut their workforce by 35%. Nishad Singh, FTX's former engineering exec, is not going to prison, unlike his former colleagues, for cooperating with authorities and testifying against Sam Bankman-Fried. Crypto adoption is at an all-time high in Eastern Europe — Chainalysis reports. Elon Musk believes humanoid robots will outnumber people by 2040. A group of researchers accused a YouTube vlogger MrBeast of crypto insider trading and allegedly linked 50 cryptocurrency wallets to the streamer. That’s all for today! Subscribe and remember: Hamsters are power 💪
🚀 Watch every video closely to get clues that you can use later #tagrumble #tagloverumble
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