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Crypto broker NYDIG dedicates a third of staff to narrow focus

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NYDIG, Bitcoin trading and banking The company, which laid off about a third of its workforce last month, said people familiar with the matter.

Company executives said they notified affected employees of the job cuts, which numbered about 110, on September 22. Employees were told the company was seeking to cut expenses and narrow its focus to include more promising companies, the people said.

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The former US head of FTX is reportedly seeking $6 million in funding to launch Cointelegraph

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Just a month after the controversial fallout Sam Bankman FriedFTX’s FTX stock exchange and 130 affiliates, and a former high-profile CEO is reportedly looking for investors to launch a crypto company.

Former FTX US President Brett Harrison is looking for $6 million in funding to launch a startup that will build cryptocurrency trading software for major investors, depending to the information. Harrison’s funding round will be for $60 million.