Jump Spins Off Wormhole Project, Shrinking its Crypto Business
In the midst of significant security breaches and continuous regulatory scrutiny, Jump Trading has separated its cross-chain protocol, Wormhole, into a separate company. Wormhole, a well-known cross-chain mechanism, has been formally split off by Jump Trading and made its organization. According to a Bloomberg story, important Wormhole personnel have left, including COO Anthony Ramirez and […]