Crypto companies pull out of sponsorship deals amid market downturn

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! New York Post reveals that cryptocurrency companies are cutting costs by pulling out of sponsorship and marketing deals as the crypto market crashed to its lowest in almost two years. FTX pulls out of sports deal Leading crypto exchange FTX, one…

Arbitrage bot on Polygon (MATIC) makes 218 ETH (or $828,000) in profits

Abstinence from DeFi is ‘no longer an option,’ states founder of Polygon-based QuickSwap Sameep Singhania is a blockchain and software engineer, who has worked on several projects, including Bonded Finance and ParaSwap, but hit the DeFi nail on the head when he and his team, frustrated by the growing Ethereum (ETH) fees, built QuickSwap (QUICK),…