Crypto Trading Firm NYDIG Lays Off About 33% of Staff
The layoffs also come amid leadership shuffles. In early October, the company announced CEO Robert Gutmann and President Yan Zhao would be stepping down and returning to Stone Ridge Holdings…
The layoffs also come amid leadership shuffles. In early October, the company announced CEO Robert Gutmann and President Yan Zhao would be stepping down and returning to Stone Ridge Holdings…
The end of Stronghold's deal with Northern Data will eliminate all profit sharing obligations, which it estimates would have been $10 million-$25 million (depending on the price of bitcoin) until…
"NBD does not sell anything, it does not offer services, it does not support products. It just writes code and gives it to the world to do with it as…
La caída del mercado de criptomonedas y la transición de Ethereum a un sistema proof-of-stake (PoS) ha afectado duramente a los mineros. A finales de septiembre, la empresa de minería…
Last year, miners struggled to buy enough rigs. Manufacturers couldn’t fulfill orders fast enough. Now, Matt Schultz, executive chairman of bitcoin miner CleanSpark (CLSK), figures 250,000 to 500,000 mining rigs…
Bitcoin is a macro asset in that it is now part of the global market. But not all macro assets are highly correlated. As fear subsides (which it will, one…
On Oct. 4, Stash expanded access to eight cryptocurrencies for its more than two million active subscribers in the U.S. through separate crypto accounts. Apex Crypto, a subsidiary of Apex…
Starting at around 9:30 a.m. ET, stocks and crypto bounced sharply. Bitcoin rocketed up 7.8% from a low of $18,372 to end Thursday at just over $19,800. At almost the…
Therefore, the bounce in both equities and bitcoin could be fleeting. The Fed has raised rates by 300 basis points this year, yet core inflation, which strips out the volatile…
Instead, bitcoin did the reverse on Thursday, recovering from an early stumble to regain its now familiar perch over $19,000. The largest cryptocurrency by market capitalization, which was recently up…