The bear market induced losses are shaking the foundations of one the even most influential Crypto market players with the massive layoffs, lawsuits & a doubtful IPO launch. The most recent news to hit the wires is the suspending of mining operations in its Texas, US based facility. This follows the news earlier that Jihan Wu and Micree Zhan Ketuan were stepping down as the co-CEOs of the company as a part of the massive restructuring. Certainly not good news for the Cryptoverse. Wonder what would prove as the last straw for the mining giant?

Written by

A devout futurist keeping a keen eye on the latest in Emerging Tech, Global Economy, Space, Science, Cryptocurrencies & more

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store