Decentralized autonomous organizations (DAOs) are the new way of work, attracting people who don’t want to work for companies anymore. Author: Ben Schiller
Australian Crypto Exchange Banxa Cuts 70 Staff
The publicly traded crypto exchange said the “crypto winter” drove the decision to reduce headcount by about 30%. Author: Shaurya Malwa
First Mover Asia: Bitcoin Holds Above $21K in Weekend Trading; Solana Web3 Phone Faces Long Odds
Prior blockchain phones have failed because the market have realized their functionalities are available already via apps that can be loaded onto any old phone; ether stays above $1,200. Author: Sam Reynolds, James Rubin
Opaque Platforms and Intertwined Protocols Pose Big Risk to Crypto
Second article in a series about risks we’re thinking about during these crypto down days. Author: George Kaloudis
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors. Author: Tracy Wang
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