NEM Foundation Enforces Budget Cuts and Shifts Focus to B2B

The Merkle Thu, 31 Jan 2019

The cryptocurrency industry is under a lot of pressure from different angles. Exchanges are getting hacked or forced to shut down. Numerous projects turn into blatant scams as developers bail. It now seems the NEW Foundation is forced to pivot its approach as well. A bit of an unusual development, although it also seems to make a lot of sense. A Tough Call for the NEM Foundation When cryptocurrencies turn bearish, few people tend to look beyond the repercussions to their own portfolio. A downward price trend isn’t healthy for anyone involved, and it doesn’t just affect traders. Over the