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.
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New Ethereum proposal would cut issuance to zero if staked ETH reaches $112 billion
Validators would still be paid the same way for doing the same work, and they keep all the transaction fees and tips they earn from building blocks. Only the newly created ETH gets burned. The deduction from validator rewards arrives slowly, phasing in over 18… Read More
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 infrastructure. The Omaha, Nebraska-based company said in a filing the layoffs are part of a broader effort to lower costs while… Read More
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 advance the bill out of the Senate Banking Committee, has repeatedly said he will not support the legislation on the Senate… Read More
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 co-founder Vitalik Buterin said in a blog post published Tuesday. The reduction comes on the same day the EF confirmed… Read More
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 land before the open, giving markets insight on whether the Fed has room to cut rates. Prediction markets and the CME’s… Read More