Tag: company
Paxos Reportedly Downsizes Workforce by 20%: Details
Due to the job cuts, Paxos’ headcount now hovers between 200 and 300.
Semler Scientific’s Bitcoin Bet: 828 BTC and Counting, $150M Raise for More
With a market capitalization of over $1 trillion, Semler Scientific said it views BTC as a major asset class worthy of inclusion in its treasury reserves.
Jack Dorsey’s Bitcoin Mining Chip Is Now Complete
With chip development now undergoing its full tapeout, Block has also announced work on its own full Bitcoin mining system.
USDC Issuer Circle Expands Support for Web3 Services on Solana
The aim is to create a more open and inclusive financial system for stablecoins such as USDC.
MicroStrategy 2.0? This Public Company Just Went All-In On Bitcoin
Metaplanet just invested 1 billion JPY into Bitcoin, and has adopted it as its “core treasury reserve asset.”
Tether Doubles Down on AI Plans, Looks to Hire Relevant Employees
Over time, Tether has ventured into other sectors like peer-to-peer telecommunications, renewable energy, and Bitcoin mining.
WSJ Parent Company Sued Over Tether, Bitfinex Article
The article in question alleged that a Tether shareholder committed several financial crimes.
Bitcoin Miner Hut 8 Appoints New CEO Weeks Following Short-Selling Report
J Capital Research called HUT an “obvious pump and dump target,” alleging that Hut 8 inherited “a pile of debt” from USBTC.
MicroStrategy Now Holds 190,000 Bitcoin After January Purchase
MicroStrategy reached an even 190,000 BTC in January after a $37.2 million purchase.
PayPal to Cut 2,500 Employees to ‘Right-Size’ the Company
Newly appointed CEO announces workforce reduction to “right-size” the organization. Affected staff to be informed by week’s end.
