GSR

It is reported that GSR, a cryptocurrency market maker, said to its customers and communities that due to its proactive risk management approach, GSR’s residual risk exposure to Signature is very small, and there is no direct risk exposure to Silicon Valley Bank and Silvergate. Interpretation of this information: The recent announcement from GSR, a cryptocurrency market maker, has highlighted the company’s proactive approach to risk management. In the statement, the company conveyed its confidence in its risk management approach, stating that its residual risk exposure to Signature is minimal,…

According to reports, according to people familiar with the matter, GSR, a cryptocurrency market maker, has implemented further layoffs, affecting 5% to 10% of its employees. Two of the sources said that the reduction was close to 5%, not 10%. However, according to another person familiar with the matter, some employees also resigned voluntarily due to the lower than expected bonus in January. Interpretation of this information: GSR, a cryptocurrency market maker, has reportedly implemented further layoffs, affecting between 5% and 10% of its employees. Although two sources suggest that…