CryptoCointelegraphabout 2 hours ago
FalconX cuts 10% of workforce amid crypto slump
1 min read
FalconX laid off roughly 10% of its global workforce and will withdraw its Singapore license application, focusing on crypto derivatives. The digital asset prime broker, which acquired 21shares last November, employed about 350 people before the cuts. Bitcoin traded below $64,000, roughly 50% below its October peak.
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