Crypto Derivatives Platform Paradigm ຫຼຸດຜ່ອນການຈ່າຍເງິນເພື່ອຫຼີກເວັ້ນການຖືກປົດຕໍາແໜ່ງ

• Entire derivatives platforms felt the effects, with the major firms laying off employees.
• Recent times have witnessed a rise in the number of layoffs throughout the sector.

Because of the current bear market, the crypto derivatives platform Paradigm has decided to reduce employee pay by 15%. After FTX ຂອງ bankruptcy last month, derivatives trading took a significant hit. Exchange co-founded by arrested entrepreneur ແຊມທະນາຄານ-ຈືນ is accused of using billions of dollars in client cash to finance the uncollateralized margin trading of Alameda Research, a subsidiary of the exchange.

ບໍລິສັດກ່າວວ່າ:

"ຫຼັງການລົ້ມລົງຂອງ FTX, ມັນເປັນທີ່ຊັດເຈນວ່າການຕິດເຊື້ອແມ່ນເລິກເຊິ່ງແລະກວ້າງຂວາງແລະຄືກັນກັບລູກຄ້າແລະເພື່ອນມິດຂອງພວກເຮົາຈໍານວນຫຼາຍ, ພວກເຮົາບໍ່ມີພູມຕ້ານທານ. ການຕັດເງິນເດືອນຫຼຸດຜ່ອນຄວາມຕ້ອງການຂອງການຈ້າງງານທີ່ເຫັນໄດ້ໃນທົ່ວລະບົບນິເວດແລະມີຜົນກະທົບຫນ້ອຍລົງຕໍ່ຈັງຫວະຂອງອົງການ.”

New Approach to Handle Sluggish Market

The previous month has witnessed a rise in the number of layoffs throughout the whole cryptocurrency sector. Coinbase (18%), Opensea (20%), and Kraken (30%) are just a few of the exchanges and trading platforms that have seen significant layoffs. However, the recent approach by Paradigm is much better compared to mass layoffs.

The firm further added:

“These are tough times, but we must do the hard thing and retain the financial flexibility to navigate the turbulent times we find ourselves in as an industry.”

In the end, the exchange and large parts of the cryptocurrency sector were devastated by unsecured borrowing. As a result of the mayhem, derivatives platforms felt the effects, with the major firms laying off employees.

Financial institutions have also been hit hard. The gap between the value of the GBTC trust and Bitcoin has widened this week as the price of Grayscale’s flagship GBTC trust, a mechanism for investors to obtain exposure to Bitcoin without engaging in it directly, hit a new low earlier in the week.

ແນະ​ນໍາ​ສໍາ​ລັບ​ທ່ານ​:

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