Over $100k Worth of Web3 Jobs and This crypto company lost $200 million

Hey hey hey, Welcome to the Newsletter!! The Newsletter that Keeps you updated with Web3We explain the Top News in Web3 in about 100 words

We Show One Bullish Web3 News 🐂One Bearish Web3 News 🐻Shows you new Job opportunities 🕴Lets you learn something new about Web3 Daily 📚and Put a Smile on your Face 😁

Highlights of the Newsletter

Bullish News: FTX revenue grew 1000% in one yearBearish News: This crypto company lost $200 millionJob Opportunities: Over $100k Worth Of Web3 Jobs Learn: 8 sneaky crypto scams on Twitter right now Smile: The Memes and the personality of the Bull

First off, What are the Top News in the Web3 Space

FTX revenue grew 1000% in one year

The revenue breakdown discloses an 1842.85% increase in operating income for FTX, from $14 million to $272 million in FY 2020-21. Audited financials of Financial Year 2020-2021 show FTX witnessing a 1000% increase in revenue — growing from $90 million in 2020 to $1.2 billion in 2021, claimed CNBC alleging access to the documents. The report further claims that FTX possessed $2.5 billion in cash by the end of 2021 with a profit margin of 27%.

The Bulls Take: Welp thats something to bullhold, having an exchange report this kind of financials is a show that poeple are still using crypo, Which is very bullxciting

This crypto company lost $200 million

Hodlnaut a Singapore-based lender froze withdrawals earlier this month and later filed for creditor protection now during their latest report Hodlnaut reported a nearly $200 million financial shortfall in a court affidavit filed earlier this month and obtained by The Block. The document was made available to customers after the company published a blog post on August 19 confirming that it is facing police proceedings in Singapore and that it has laid off 80% of its staff to conserve cash. The financial data is dated as of August 8. "As of 8 August 2022, the Hodlnaut Group has an outstanding liability balance of SGD 391M and estimated realisable assets of SGD 122M in cryptocurrency. This financial position gives the Hodlnaut Group a realisable cryptocurrency Asset to Debt ratio of about 0.31 (ie. 31 cents on the dollar)," it stated.

The Bulls take: This is bad news for crypto as week over week we have new exploits and companies going under, this just makes crypto hard to trust for the average man

Over $100K worth of web3 Jobs

We got 4 high paying Jobs today!

Community Manager paying $24k - $48k https://www.voicedao.fun/work-in-web3-details?recordId=reco3h7mP5OXrxQS8

Web3 Community Manager paying 2,200 - 2,800 Euros monthly https://www.voicedao.fun/work-in-web3-details?recordId=recuwoTemMbt20BDa

Community Lead at CollectWaves https://www.voicedao.fun/work-in-web3-details?recordId=rec3WCWYrSHw4iZQM

Community and Marketing Manager at Duck All Yacht Club https://www.voicedao.fun/work-in-web3-details?recordId=recXVDvhRl7tZgtnZ

8 sneaky crypto scams on Twitter right now

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