Tag: Cut

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Ethereum

Bitcoin Suisse plans to cut up to half its Swiss jobs as it shifts work abroad

The company is closing its Copenhagen IT site while maintaining Bratislava and opening a new hub in Vietnam to reduce costs.
Markets

Exodus (EXOD) to cut 25% of global workforce in payments shift

Crypto wallet firm Exodus Movement (EXOD) will cut about 25% of its global workforce as it reshapes its business around stablecoin payments and card...
DeFi

Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on

The lack of an ethics provision remains one of the biggest sticking points. Sen. Ruben Gallego (D-Ariz.), one of two Democrats who voted to...
Markets

Bitcoin Drops Gains As Bulls Cut Risk Ahead of Fed Minutes Release

Bitcoin (BTC) trades slightly above $62,000 and is down nearly 2% over the past 24 hours amid a risk-off mood across global markets. The...
DeFi

Aave Confirms Aavenomics 3.0 Is Live With Buybacks and DAO Spending Cut

Aave confirmed Saturday that Aavenomics 3.0 is now active, with automated AAVE token buybacks running and DAO operational spending reduced, completing a governance roadmap...
Ethereum

Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset

The Ethereum Foundation (EF) will slash its budget by roughly 40% this year as part of a shift toward a leaner, endowment-style operating model,...
Ethereum

Ethereum Foundation Lays off 54 Employees as Buterin Reveals 40% Budget Cut

The Ethereum Foundation (EF) has laid off 54 employees, roughly 20% of its workforce, as part of a major organizational restructuring.According to a blog...
NFTs

Bitcoin Rebounds to 64K After Brutal Selloff as Fed Rate Cut Bets Fade and Saylor Strategy Concerns Ease

Bitcoin rebounded on Monday, offering traders a partial reprieve after a sharp liquidation-driven slide that had pushed the world’s largest cryptocurrency into one of...
Markets

PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead

The coming week appears to be macro-led, with U.S. economic data carrying the main calendar risk. Inflation, growth, jobless claims and housing numbers all...
Regulation

New Fed Chair Kevin Warsh Will Cut Interest Rates: Analyst

Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the...
Regulation

New Federal Reserve Chair Sworn In, but Rate Cut Odds Remain at 0

Kevin Warsh was sworn in on Friday as the chairman of the United States Federal Reserve, but investors and traders still forecast no interest...
Bitcoin

Hot inflation data pours cold water on Federal Reserve rate cut hopes

U.S. inflation data came in hotter than expected on Wednesday, reinforcing expectations that the Federal Reserve will keep interest rates steady at 350-375bps not...
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