ChainCatcher news, Andre Cronje, a director of the Fantom Foundation, stated that the cryptocurrency market is closely related to the overall macro market, and various factors indicate that the macroeconomic environment is far from showing bullish sentiment. Cronje said, "Look at the real estate market, it has just started to slow down, the bubble has not yet burst, and the recession hasn't even fully begun. Purely from the perspective of investor value, the crypto winter is far from over."

ChainCatcher news, Luno, a cryptocurrency exchange under Digital Currency Group, announced a 35% layoff. Its CEO Marcus Swanepoel stated that "crypto turmoil" has affected Luno's "overall growth and revenue numbers," prompting the platform to take layoffs and other measures.According to ChainCatcher previous report, Luno stated that operations are not affected by Genesis, and customer funds are safe. The platform's founder and CTO Timothy Stranex left in December last year. (source link)

ChainCatcher news, according to Bloomberg, Binance CEO Changpeng Zhao stated in a memo sent to employees that the digital asset industry is experiencing "a historic moment," and that Binance's financial condition is good, "we will weather the crypto winter." "While we expect the coming months to be filled with bumps, we will get through this challenging period, and we will emerge stronger for having gone through it." He added that the recent collapse of FTX has brought "a lot of additional scrutiny and sharp questions" to Binance. (source link)

ChainCatcher news, Roman Alekseev, the founder of the Web3 social video platform Cheelee, announced the joint launch of a $200 million "Crypto Winter Solidarity Fund" with the Web2 mobile application NUTSon to support affected global cryptocurrency exchanges and restore the trust of a wide audience in cryptocurrency trading platforms.Roman Alekseev stated, "A stable, predictable, and healthy cryptocurrency industry benefits everyone, while turmoil and industry earthquakes only cause harm and losses." Currently, the fund is collecting information on cryptocurrency exchanges that need financial support due to market impacts to provide assistance. (Tech Bullion)

ChainCatcher news, according to a Reuters report, due to the FTX bankruptcy event, Bank of France Governor Francois Villeroy de Galhau called for global cooperative regulation in a speech in Tokyo to address the financial uncertainty caused by the cryptocurrency market. He stated, "I want to emphasize that this uncertainty is the reason we need strong and swift regulation of crypto assets internationally; we cannot allow the next 'crypto winter' to still have financial uncertainty and instability."