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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »

2024-6-13 04:00


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Grayscale switches CEO following $144 million reduction in fees as Bitcoin outflows finally subsiding

Grayscale Investments, the world’s largest crypto asset manager, announced the appointment of Peter Mintzberg as its new Chief Executive Officer, effective August 15, 2024. Mintzberg will succeed Michael Sonnenshein, who stepped down from the position after a decade with the firm to pursue other interests. дальше »

2024-5-21 17:06


Why Is Bitcoin Cash (BCH) Token Price Up?

Bitcoin Cash (BCH), one of the leading cryptocurrencies, is witnessing a surge in price and investor interest ahead of its upcoming halving event scheduled for early April 2024. The spike in demand has been fueled by two key factors: the imminent reduction in new BCH supply and reports of massive accumulation by large investors, often […] The post Why Is Bitcoin Cash (BCH) Token Price Up? appeared first on CaptainAltcoin. дальше »

2024-3-29 19:50


Post-Halving Pressure: Marathon Digital Anticipates Bitcoin Break-Even Price Of $43,000

The Bitcoin (BTC) market has been on a wild ride recently, hitting a new all-time high (ATH) before experiencing notable volatility that resulted in an 8% drop to the $65,500 level on Friday.   Meanwhile, Marathon Digital, one of the largest US-based Bitcoin mining companies, is preparing to acquire more power infrastructure and streamline operations to meet the challenges posed by a reduction in revenue due to the upcoming April halving event. дальше »

2024-3-18 09:00


CARDANO PRICE ANALYSIS & PREDICTION (February 24) – ADA Preps For A Serious Clampdown Amid Latest Market Loss, Where Next?

Cardano’s ADA price looks set for a fresh drop following recent price rejections. It has posted some notable losses over the past days as it looks poise for a serious clampdown. Following an unexpected price movement this week, ADA has seen a noticeable reduction and at the same time showing […] дальше »

2024-2-24 09:09