Layoffs in the crypto sector have continued during the Bitcoin bear market, while industry mergers and acquisitions have hit a new high, including a $9.37 billion purchase by traditional financial institutions for crypto infrastructure and compliance licenses.
According to PANews, the deal activity reflects increased spending by traditional finance firms to acquire crypto-related infrastructure and regulatory approvals.
Bitcoin Bear Market Layoffs Continue as Traditional Finance Buys Crypto Infrastructure for $9.37 Billion
2026-06-27 08:34:18
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