Tag: cuts

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Harvard Endowment Cuts Bitcoin ETF Holdings by 43%, Exits Ethereum Fund Entirely

Harvard Management Company slashed its BlackRock Bitcoin ETF position by roughly 43% in Q1 2026 and fully exited its Ethereum ETF stake, according to...

Goldman Sachs Cuts Crypto ETF Exposure, Rebalances Holdings

US investment bank Goldman Sachs sharply reduced its exposure to cryptocurrency exchange-traded funds (ETFs) in the first quarter of 2026.No XRP-linked ETFs appeared in...

Odds against Interest Rate Cuts High as New US Fed Chair to be Sworn in

Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation...

Dune Analytics Cuts 25% of Staff, Doubled Down on AI and Institutional Crypto Data

The crypto data platform laid off a quarter of its workforce this week while refocusing on AI-powered dashboards and institutional adoption of onchain assets.Dune...

Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO

The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.

Coinbase Cuts 14% Of Workforce, Signals AI-Driven Future

Coinbase announced a 14% reduction in its workforce on Tuesday, a decision CEO Brian Armstrong described as preparation for what he called...

Hut 8 cuts bitcoin credit costs with FalconX refinancing, freeing 3,300 BTC from collateral

Hut 8 (HUT), a bitcoin miner turned energy and AI compute company, has refinanced its bitcoin-backed credit facility, replacing its existing Coinbase Credit arrangement...

U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony...

StarkWare Cuts Staff and Restructures Into Two Units

The company behind Starknet is pivoting from pure infrastructure toward revenue-generating products built on its proprietary tech stack.StarkWare, the Israeli company behind the Starknet...

Starkware Cuts Jobs as Starknet Revenue Collapses – Crypto News Bitcoin News

Key Takeaways: Starkware revenue fell from close to $6 million in 2023 to $48 in April 2026, forcing layoffs and restructuring. EIP-4844 cut...

StarkWare cuts jobs in reorganization as Starknet revenue plunges 99% from peak

StarkWare is restructuring into two business units and cutting staff as it pivots from scaling Ethereum toward building revenue-generating products of its own —...

TD Cuts Bitcoin Giant Strategy’s Price Target, Calls Ethereum Treasury Sharplink a ‘Buy’

In brief TD Cowen reiterated a “buy” rating for Bitcoin treasury firm Strategy, despite cutting its price target. The company initiated coverage on Ethereum treasury company...