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Cryptocurrencies: 28575
Markets: 116788
Market Cap: $2,330,937,494,168     
24h Vol: $97,915,944,620
Bitcoin.com 2022-11-17 11:00:27

Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees

Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus on building a more decentralized crypto future. Using FTX as Custodian
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