Exodus to cut 25% of staff in company reorganization
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build...
Tag : Cut
June PPI Misses Forecast by 0.7 Points, Boosting Rate Cut Expectations
June PPI came in at -0.3% month over month against a consensus of 0.0%, and 5.5% year over year versus an expected 6.2%. The downside...
Ethereum’s Merge cut power use over 99.9%, Cambridge finds
The Cambridge Centre for Alternative Finance has estimated Ethereum’s annual electricity consumption at 7.87 gigawatt-hours. That equals a continuous power demand of about 0.90 megawatts....
Bitcoin peels back to $62K as Fed-wary futures traders cut risk: Is the BTC rally over?
Bitcoin (BTC) trades slightly above $62,000 and is down nearly 2% over the past 24 hours amid a risk-off mood across global markets. The pressure...
Ripple’s $200M Rail Acquisition Loses AngelList as Crypto Payments Get Cut
AngelList, the venture capital platform hosting more than 50,000 funds and 800,000 accredited investors, is terminating its partnership with Rail – the B2B payments platform...
Indonesia Crypto Overhaul and Europe’s MiCA Deadline: Who Gets Cut from Major Markets
Indonesia parliament just passed the revised crypto law, formally cementing OJK’s authority over crypto as a regulated financial asset just as Europe’s MiCA transitional window...
Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally
The world’s third-largest economy is reclassifying crypto as a financial instrument and charting a path to slash punishing tax rates. The change reaches far beyond...
May Jobs Report Kills Rate Cut Hopes: Bitcoin And Gold Sold Off in Tandem
Bitcoin News: Bitcoin price is trading at $61,100 on Wednesday, down 3% over 24 hours and 6.9% on the week, as a blowout May jobs...
Bitcoin price falls below $60K as hot U.S. jobs report crushes rate cut hopes
Bitcoin price has fallen below $60,000 after a stronger-than-expected U.S. jobs report prompted traders to scale back expectations for Federal Reserve rate cuts and price...
Will Solana price slide to $50 next as whales cut exposure?
Solana price has fallen to a multi-year low as a major corporate holder moved $31.9 million worth of SOL to Coinbase Prime, adding to fears...