Layoffs Are Approaching 1.2 Million, the Worst Since the 2009 ‘Great Recession’

The data was provided by global outplacement firm Challenger, Gray & Christmas on Thursday, and may partly explain the recent bitcoin downturn. Layoffs Climb to a Grim Milestone: Nearly 1.2 Million…and Counting A Chicago-based outplacement firm quietly announced a rather dire metric that appears to have largely gone unnoticed: American employers have laid off nearly … Read more

Paradigm Leads $13.5M Round Backing Crown’s Real-Pegged BRLV Stablecoin

Crown has raised $13.5 million in a Series A round led by Paradigm as the São Paulo fintech expands its institutional stablecoin infrastructure and the circulation of its Brazilian real–pegged token, BRLV. Crown Expands Institutional Stablecoin Push With Paradigm-Led $13.5M Funding In a note shared with Bitcoin.com News, Crown disclosed it raised $13.5 million in … Read more

Report: Ripple Funding Round Offered Investors Protection Against XRP Volatility

Ripple’s successful $500 million strategic funding round that valued the company at $40 billion reportedly included rare and stringent protections for investors. Guaranteed Returns and Put Options According to a Bloomberg report, Ripple’s successful $500 million strategic funding round, which valued the company at $40 billion, included unusual protections for investors. These concessions reportedly gave … Read more

Crypto-to-Fiat Conversion at Checkout Reaches US Retailers via Oobit

Oobit has expanded its crypto payments platform to the United States, enabling Americans to connect self-custody wallets to pay at Visa-supported checkouts worldwide. Oobit Enters U.S. Market, Tapping Bakkt Infrastructure for Nationwide Coverage According to the note shared with Bitcoin.com News, Oobit’s expansion into the United States marks the company’s largest global rollout to date, … Read more