๐๐๐ ๐ก๐๐ฌ ๐ฎ๐ง๐๐๐ซ๐ ๐จ๐ง๐ ๐ ๐ง๐จ๐ญ๐๐๐ฅ๐ ๐ข๐ง๐ญ๐๐ซ๐ง๐๐ฅ ๐ฌ๐ก๐ข๐๐ญ, ๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐ข๐ญ๐ฌ ๐ข๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐๐ฅ ๐ญ๐๐๐ฆ ๐๐ฌ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ ๐๐ซ๐จ๐๐๐๐ซ ๐ฌ๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐ซ๐๐๐ฅ๐ข๐ ๐ง๐ฆ๐๐ง๐ญ.
โ๏ธ Reports suggest a significant portion of the team was let go, with estimates ranging from 8โ10 people to nearly half the division.
โ๏ธOKX denies โmass layoffs,โ framing the move as a transition toward a more traditional institutional coverage model.
โ ๏ธ Institutional desks drive liquidity, partnerships, and longโterm growth.
A restructuring of this scale signals a pivot toward deeper, more specialized institutional engagement and potentially preparation for tighter global regulatory standards.
-----๐๐ฎ๐ญ๐ฎ๐ฎ๐ฆ ๐ ๐ข๐ง๐๐ง๐๐ ๐๐๐ฏ๐๐ง๐๐๐ฌ ๐๐ข๐ญ๐ก ๐๐๐ฅ๐๐จ๐ซ๐งโ๐๐ฎ๐๐ข๐ญ๐๐ ๐๐ -----
On the DeFi side, Mutuum Finance continues building through market volatility. The team announced progress on its lending protocol.
๐ Halborn completed the audit for Mutuumโs V1 release โ a strong credibility milestone.
๐ Phase 7 of the MUTM presale is now live, showing ongoing community interest.
โ๏ธWhile major exchanges consolidate, earlyโstage DeFi projects are accelerating development. Securityโfirst progress โ especially with reputable auditors โ positions these protocols well for the next adoption cycle.
----- CONTRAST -----
Centralized exchanges are optimizing and restructuring.
DeFi builders are pushing forward with audits, releases, and presales.
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