Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey

A survey from the Financial Industry Regulatory Authority (FINRA) suggests that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors.

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Crypto Lending Company Blockfi Cuts Staff by 20%

Crypto Lending Company Blockfi Cuts Staff by 20%On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince and Flori Marquez follows a slew of well known crypto firms cutting back employees due to […]

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