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3232Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced
https://www.digit.info/report-blockchain-com-cuts-staff-by-25-executive-salaries-reduced/
Thu, 21 Jul 2022 21:00:15 +0000https://www.digit.info/2022/07/21/report-blockchain-com-cuts-staff-by-25-executive-salaries-reduced/Read more]]>According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the report that noted Blockchain.com lost $270 million due to exposure to Three Arrows Capital (3AC). Blockchain.com Lays Off 150 Workers Citing Crypto Winter Conditions On […]
]]>Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
https://www.digit.info/report-blockchain-com-ceo-reveals-company-lost-270-million-from-3ac-exposure/
Fri, 08 Jul 2022 20:30:37 +0000https://www.digit.info/2022/07/08/report-blockchain-com-ceo-reveals-company-lost-270-million-from-3ac-exposure/Read more]]>According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive stressed that the firm “remains liquid, solvent and our […]
]]>Report Claims Harvard, Yale, and Brown University Endowments Have Been Discreetly Buying Bitcoin
https://www.digit.info/report-claims-harvard-yale-and-brown-university-endowments-have-been-discreetly-buying-bitcoin/
Tue, 26 Jan 2021 14:30:00 +0000https://www.digit.info/2021/01/26/report-claims-harvard-yale-and-brown-university-endowments-have-been-discreetly-buying-bitcoin/Read more]]>According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. The prominent schools have been reportedly leveraging exchanges like Coinbase and other trading platforms. Prominent university endowments have been quietly purchasing digital currencies according to a report […]