The Daily LEO #131 - Layoffs, Shipping Industry, FTX, BlockFi, MorphSwap & Crypto Chatter
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How Meta went from a trillion-dollar company to mass layoffs
Layoffs has become the new trend for the giant companies to "adjust" their operational costs against a hard recession term. Meta has followed the trend with mass layoffs ... What pushed Zuckerberg for that? TikTok?
The global shipping industry is facing a new problem — too many containers
Post-pandemic effects are still obvious on several industries. It seems like the global shipping industry has lost its inner balance. Is this a new issue for global trade?
Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse
BlockFi shared an interesting decision made by them to secure their users from the turbulence of FTX exchange. To save customers, BlockFi halted the withdrawals so that the company can protect the user funds.
Genesis Trading reveals $175M of funds are locked in FTX
The fall of FTX will eventually effect the companies that are exposed to it. So far we have not heard of many companies but we will start to see them as usual. Are you ready for the second wave of FTX saga? It has just started ...
White House Ramps Up Crypto Regulation Rhetoric Following FTX Crash
While all eyes are on FTX drama, the regulations are inevitable. White House takes actions for long waited Crypto regulations after all these problems we have experienced in the recent years ...
Chain Chatter with Castles and WOO on LeoFinance!
Crypto Chatter is an amazing meeting concept adopted by LeoFinance team to help crypto investors explore amazing dApps to utilize or invest into. In this episode, we hosted Castles and WOO ...
You're still in time to get in on Morphswap
LeoFinance community seeks for Alpha investment projects that can help investors support promising projects and make gains from their investment. Morphswap is an Alpha that you may wish to explore ...
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https://twitter.com/1415155663131402240/status/1591343947221454849
The rewards earned on this comment will go directly to the people( @idiosyncratic1, @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
FTX is taking so many down with it. What a shitshow!
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I love that Chain Chatter with WOO and Castles.
!PIZZA
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I gifted $PIZZA slices here:
@rzc24-nftbbg(4/5) tipped @idiosyncratic1 (x1)
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I'm at the same surprised and not surprised that this is happening with Meta. On one hand, it's hard to picture that happening to a company that size but on the other hand, they have been making some questionable decisions lately
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Expansion is really good considering it benefits in the global world
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