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Muhammad Humair Qureshi 🧑‍🔬✍️ Profile picture
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Dec 4 • 7 tweets • 4 min read
1- Crypto Winter everywhere @Bybit_Official Crypto Exchange Layoffs
🧵👇
#layoffs #cryptocrash $BTC $ETH
cryptoavanza.com/crypto-winter-…
2- After $UST incident, everyone is talking about “Crypto Winter” because of the liquidity crunch that’s why Exchange reduced its workforce today’s #Bybit announced layoffs workforce to survive the bear market. #Bybit previously cut its workforce by an unspecified number in June
3- @benbybit, the CEO, and co-founder of the Singapore-based crypto exchange, previously worked for XM, one of the world’s largest forex and CFD trading brokerage firms. made the announcement on Twitter at 12:32 a.m. ET.
4- “The planned downsizing will be across the board,” Zhou tweeted, adding: “For our impacted colleagues, we will try to make this process as smooth as possible and take care of each individual’s needs as much as we can.”
5- #Bybit is not the only blockchain and cryptocurrency company to lay off workers as the industry tries to get back on its feet after a rough year. The Terra, hedge fund 3AC , major cryptocurrency exchange #FTX, and its sister firm #Alameda all went out of business last year.
6- You can read my previous blog post about why Crypto Exchange Layoffs because of Crypto Winter
#Bybit #cryptocrash #Cryptocom
cryptoavanza.com/crypto-winter-…
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Dec 5
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Dec 3
1- #FederalReserve hikes 75bps interest rate? Stocks Analysis After US jobs report.
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Muhammad Humair Qureshi 🧑‍🔬✍️ Profile picture
Dec 2
1- Crypto Winter is here Cryptocurrency Exchange fires 1,100 global workforce
🧵👇
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cryptoavanza.com/crypto-winter-…
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Dec 1
#Fantom On-Chain Analysis, $FTM surged more than 50% after #FTX and #Alameda collapsed
🧵👇
1- 75% of the $FTM current supply is locked, with the remaining 25% unlocked, indicating that whales and holders believe in the FTM token. #Fantom
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Nov 30
1- #Fantom is Up 25% in 2 days Let’s discuss FTM’s next price move after Andre Cronje’s article
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Just a recap about $FTM is a layer 1 decentralized, permissionless, open-source smart contract platform for #dApps & digital assets like #Ethereum. The network competes with Solana, Avalanche, and Polygon to take over the market share of $ETH.
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Muhammad Humair Qureshi 🧑‍🔬✍️ Profile picture
Nov 29
🚨🚨Nexo High-Yielding Crypto: The Next Luna After the #FTX Collapse?

#Nexo has come under the microscope for its high-yield-bearing crypto products.
$nexo #BlockFi
🧵👇
1- The concerns come a month after the co-founders assured that the platform is solvent.
We all Know about #Luna $UST 20% APY is also not sustainable, Nexo’s double-digital yields can’t be sustainable.
$nexo
2- Crypto lender $Nexo is being sued in the London High Court by a group of investors. The investors allege that the firm blocked them from withdrawing over $126 million worth of crypto.
coindesk.com/business/2022/…
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