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3232Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil
https://www.digit.info/blockchain-com-shutters-asset-management-subsidiary-amid-crypto-winter-and-industry-turmoil/
Sat, 11 Mar 2023 05:30:32 +0000https://www.digit.info/2023/03/11/blockchain-com-shutters-asset-management-subsidiary-amid-crypto-winter-and-industry-turmoil/Read more]]>According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” and the “crypto winter” as some of the reasons for halting the institutional business. The Impact of Crypto Winter on the Cryptocurrency Industry […]
]]>Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments
https://www.digit.info/stablecoin-market-sees-supply-increase-for-tether-as-competitors-decline-in-light-of-recent-regulatory-developments/
Tue, 14 Feb 2023 14:00:51 +0000https://www.digit.info/2023/02/14/stablecoin-market-sees-supply-increase-for-tether-as-competitors-decline-in-light-of-recent-regulatory-developments/Read more]]>While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins by market valuation that has seen a supply increase in the past three months. […]
]]>Coinbase Reduces the Size of the Firm’s Workforce by 18%
https://www.digit.info/coinbase-reduces-the-size-of-the-firms-workforce-by-18/
Tue, 14 Jun 2022 17:30:44 +0000https://www.digit.info/2022/06/14/coinbase-reduces-the-size-of-the-firms-workforce-by-18/Read more]]>Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew Too Quickly,’ Crypto Exchange CEO Says On June 14, Coinbase published […]
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” and the “crypto winter” as some of the reasons for halting the institutional business. The Impact of Crypto Winter on the Cryptocurrency Industry […]
While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins by market valuation that has seen a supply increase in the past three months. […]
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew Too Quickly,’ Crypto Exchange CEO Says On June 14, Coinbase published […]