Search
Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business
5.12.2024
Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader restructuring effort. Foundry Spins off AI Arm, Cuts Jobs Bitcoin miner Foundry has laid off nearly a third (27%) of its employees, with more than half of those affected based in the U.S....
XRP cuts reserve requirement by 90%, allowing for smaller new wallets
3.12.2024
XRP Ledger reduced its reserve requirement from 10 to 1 XRP, letting users fund wallets with as little as $2.56
Sky Mavis, Creator of Web3 Game Axie Infinity, Cuts Workforce by 21%
27.11.2024
Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce....
Axie Infinity Creator Cuts 21% of Staff Despite Year of ‘Valuable Growth'
25.11.2024
Sky Mavis has laid off 21% of its workforceThe web3 firm said the decision was not related to its finances
Latam Insights: Trump and Milei Parley, Deep Chainsaw Cuts Into Argentine State
11.11.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, we discuss the conversation between President-Elect Donald Trump and Argentine President Javier Milei, the thousands of job positions axed by Milei’s Deep...
MicroStrategy shares up 20% in the week following Trump’s victory, rate cuts
8.11.2024
MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027
Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts
8.11.2024
BlackRock’s IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of Powell's First Speech Since Trump Win
7.11.2024
Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win of the U.S. presidential election
What Next For Bitcoin After Trump Win? Traders Look to Fed Rate Cuts as BTC Sets New Highs at $76K
7.11.2024
Analysts expect a 0.25% rate cut this week, which has historically benefited assets like BTC by diluting the dollar's value and pushing investors towards alternative investments
Trump’s Stand on Tariffs Will Affect Both Rate Cuts & Crypto
6.11.2024
Donald Trump’s victory in the US Presidential election brings with it the probability of increased tariffs. That means…
Alibaba reportedly cuts dozens from metaverse unit
4.11.2024
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.
Alibaba reportedly cuts dozens from metaverse unit
4.11.2024
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.
Alibaba reportedly cuts dozens from metaverse unit
4.11.2024
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.
dYdX lays off 35% of staff shortly after major Consensys cuts
30.10.2024
The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.
dYdX lays off 35% of staff shortly after major Consensys cuts
30.10.2024
The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.
ConsenSys Cuts 20% Staff, CEO Cites SEC Legal Battles
29.10.2024
ConsenSys, the company behind MetaMask wallet, announced the layoff of 162 employees across all divisions, reducing its workforce…
Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’
29.10.2024
“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post
Consensys to cut workforce by 20% — CEO outlines decentralization plans
29.10.2024
Consensys CEO Joe Lubin confirmed that the firm’s restructuring plan will impact 162 permanent employees
Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts
24.10.2024
The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
23.10.2024
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased...