In brief Crypto custody and infrastructure firm BitGo is cutting nearly 15% of its staff, CEO Mike Belshe said Thursday, calling it …
Staff
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TL;DR CFTC staff issued no-action guidance related to digital commodity perpetual futures. The relief applies to CFTC-registered designated contract markets, not offshore …
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Markets
Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
by shayaanby shayaanThe crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a …
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In brief Coinbase is cutting roughly 14% of its workforce, CEO Brian Armstrong announced Tuesday, citing crypto “down market” and AI-driven productivity …
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Regulation
Senate Votes to Ban Senators and Staff From Using Prediction Markets
by shayaanby shayaanIn brief The U.S. Senate unanimously passed S. Res. 708, banning senators from trading on prediction markets. Republican Senator Bernie Moreno of …
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Regulation
White House warns staff as Iran bets add to growing insider trading concerns
by shayaanby shayaanThe White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of …
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Markets
Binance offers UAE staff temporary relocation as Middle East conflict disrupts region
by shayaanby shayaanThe crypto exchange said its operations in the United Arab Emirates remain unchanged and that many employees have chosen to remain www.coindesk.com
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Internal Restructuring Bitcoin mining giant MARA, formerly Marathon Digital Holdings, has laid off roughly 15% of its workforce as part of a …
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Mining
MARA Is Selling Its Bitcoin and Firing Staff — And Calling It a Growth Strategy
by shayaanby shayaanMARA Holdings (MARA) reportedly cut approximately 15% of its workforce and sold over 15,000 Bitcoin ($BTC) for $1.1 billion to retire convertible …
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DeFi
Ex-Fidelity staff target retail investors with onchain gold arbitrage product
by shayaanby shayaanAltura, a decentralized finance protocol founded by former Fidelity and PwC staff is launching an onchain gold arbitrage strategy aimed at retail …