In brief Crypto custody and infrastructure firm BitGo is cutting nearly 15% of its staff, CEO Mike Belshe said Thursday, calling it …
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Tag:
Slashing
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Mining
Hut 8 swaps Coinbase loan for cheaper FalconX deal, slashing borrowing costs as it bets big on AI
by shayaanby shayaanHut 8 (HUT), a bitcoin miner turned energy and AI compute company, has refinanced its bitcoin-backed credit facility, replacing its existing Coinbase …
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Finance
Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook
by shayaanby shayaanBlock (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook Block, Inc. will cut more than 4,000 employees, …