Blockchain.com will suspend its asset management division. Blockchain.com Asset Management (BCAM), which has yet to file any annual accounts, has applied for deregistration on Monday, according to a document. BCAM was launched in April 2022, shortly after macroeconomic conditions deteriorated rapidly. A spokesperson for the company said in an email: "As the cryptocurrency winter has lasted for nearly a year, we have made the commercial decision to suspend operations in this department." According to previous news, Blockchain.com said in January this year that it would lay off staff. 28%, about 110 employees. The company laid off about 150 workers last July following the collapse of Three Arrows Capital.