ChainCatcher news, according to a blockchain analytics company, despite Tesla transferring all funds to an unidentified wallet on October 15, the company may still hold its entire Bitcoin reserve worth $780 million. Arkham data shows that since October 15, these wallets have not moved any Bitcoin funds. While it is currently unclear why Tesla made the transfer, Arkham points out that some observers speculate that these funds may be moving to a custodian, which could allow Musk's company to obtain loans using Bitcoin as collateral. Tesla executives may reveal their plans for Bitcoin during the third-quarter earnings call scheduled after the market closes on October 23.

ChainCatcher news, according to Forbes, blockchain analytics company Chainalysis CEO Michael Gronager notified employees via email that approximately 150 people will be laid off, slightly more than 15% of its total workforce of 900. This is the company's second round of layoffs, a move that comes as the company intensifies its exit from the commercial market while focusing on more stable government contract business.

ChainCatcher news, according to Forbes, blockchain analysis company Chainalysis plans to lay off 44 employees, accounting for 4.8% of its total workforce. The main reason is the sharp decline in private sector demand as cryptocurrency asset prices and trading volumes fall. Additionally, Chainalysis is focusing on developing new products aimed at the financial industry.Chainalysis's communications director Maddie Kennedy confirmed the news, stating that the layoffs primarily affect sales personnel. Chainalysis is also restructuring about 5% of its staff. (source link)