Crypto News Daily – Aug 3, 2022

Last Updated on August 3, 2022

Robinhood to Reduce its Workforce by 23%, Citing Broad Crypto Market Crash:
https://cryptopotato.com/robinhood-to-reduce-its-workforce-by-23-citing-broad-crypto-market-crash/

Robinhood Crypto Fined $30 Million by New York Regulator:
https://cryptopotato.com/robinhood-crypto-fined-30-million-by-new-york-regulator/

MicroStrategy records $918M impairment loss in Q2, Saylor moves to new Chairman role:
https://cryptoslate.com/microstrategy-records-918m-impairment-loss-on-bitcoin-saylor-moves-to-new-executive-chairman-role/

Institutional bank Sygnum announces Cardano staking, community divided over institutional adoption;
https://cryptoslate.com/institutional-bank-sygnum-announces-cardano-staking-community-divided/

Celsius facing legal action by aggrieved custody customers over $180M deposit:
https://cryptoslate.com/celsius-to-face-legal-actions-by-aggrieved-custody-customers-over-180m-deposit/