Crypto Bear Market

Coatue Management, a tech-focused investment firm, has lowered its valuation of its investment in the NFT marketplace OpenSea. Coatue's stake has been decreased drastically from $120 million to just $13 million, The Information reported. This adjustment suggests that OpenSea's...

Ava Labs, the company behind the popular blockchain platform Avalanche (CRYPTO: AVAX), has announced a reorganization that resulted in a 12% reduction of its workforce. This move, detailed by Emin Gün Sirer, the founder and CEO of Ava Labs, is part of a broader strategy to harness...