The cryptocurrency market has been in a meltdown. Digital currencies, along with other blockchain-based properties, have plunged in value, lending credence to skeptics who have regarded the crypto phenomenon as a fad.
But crypto companies appear to be here to stay in New York, at least for the foreseeable future, judging from the way they have been leasing Manhattan office space.
It would seem contradictory that businesses known for decentralization and digital assets are even interested in real-world space. Remote work is common at many web3 companies, which includes cryptocurrencies and platforms for nonfungible tokens, or NFTs. And companies are reconsidering the role of the office after the success of work-from-home efforts during the pandemic and the subsequent embrace of hybrid schedules.
But for the last couple of years, cryptocurrency firms have been setting up or expanding offices in New York, often in edgier, somewhat peripheral locations, as opposed to marquee parts of...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...