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The fast-food shop, Board Ape Restaurant commenced its business in April and started accepting digital currency as well as dollars. The move of accepting digital currency was soon revoked as the market started plummeting and crashing.
India's largest digital assets exchanges are bracing for a drawn-out crypto winter one with some unwelcome local twists.
Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said.
CoinDCX went on to halt cryptocurrency withdrawals and remarked that the situation of the market has influenced the company to take such a harsh decision.
Crypto winter is here, and so are the widespread layoffs. Here are the layoff counts for Coinbase, Gemini, and BlockFi so far.