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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »

2024-6-13 04:00


VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000

Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to $100,000. дальше »

2024-6-8 18:30


Cardano Founder Lauds Bitcoin Innovation, Can ETH Still Flip BTC Following Spot Ethereum ETFs Approval?

Cardano founder Charles Hoskinson praised Bitcoin (BTC) for its impressive innovation, which has driven the blockchain landscape forward. However, the spotlight has shifted to Ethereum amid the recent approval of Spot Ethereum ETFs, which begs the question, “Can Ethereum (ETH) still flip Bitcoin (BTC)? Amid the exciting price action on […] дальше »

2024-6-3 20:13


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Hoskinson says PRAGMA adds ‘second set of eyes’ to Cardano but won’t speed development

Charles Hoskinson, creator of Cardano and CEO of IOHK, commented on the launch of the community association PRAGMA. In an X statement on April 22, Hoskinson praised PRAGMA for supporting Cardano-related projects, noting that “multiple clients and a diverse and resilient ecosystem” are essential for Cardano. дальше »

2024-4-23 02:44