expenses

Qredo reduces staff, lowers annual expenses by 35%

Theon BarrettSep 4, 20232 min read

Qredo significantly reduces workforce, cuts 50 jobs Crypto infrastructure provider Qredo has made significant job cuts, resulting in a reduction of about 35% of its workforce,…

FTX Bankruptcy: Legal Expenses Reach $1.5M Daily as Creditors Raise Concerns

Wyatt NewsonAug 24, 20232 min read

The FTX Bankruptcy Saga: Alarming Legal Expenses and Concerns from Creditors Creditors of the bankrupt crypto exchange FTX are raising concerns as daily legal expenses reach…

Mango Markets Struggles with Legal Expenses

Cyrus DaileyAug 24, 20232 min read

Stakeholders Reluctant to Foot the Bill The blockchain-based trading protocol Mango Markets is facing financial challenges due to mounting legal expenses from a crypto market manipulation…

Coinbase Takes Cautious Approach to Deal-Making, Lowering Expenses

Theon BarrettAug 10, 20232 min read

Key Points: Coinbase is taking a more cautious approach to deal-making and lowering expenses. The company’s chief financial officer, Alesia Haas, described their non-organic growth strategy…

Celsius Bankrupt: $24 Million Allocated for Legal Expenses Sparks Viral Buzz

Lola CoinJul 18, 20232 min read

Celsius Files Motion for Distribution of Funds The bankrupt crypto lending firm, Celsius, has filed a motion seeking relief for the distribution of funds resulting from…

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