Bitcoin News·
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s total headcount to nearly 520. Crypto Custody Company Bitgo Announces Layoffs Bitgo, a company that offers staking, trading, OTC services, financing, settlement, and provides custody […]
Read full articleBinance's crypto aid in Venezuela highlights stablecoins' potential to bypass economic instability, but execution challenges remain critical. The post Binance Charity donates $3M in USDT to support Venezuela earthquake victims appeared first on Crypto Briefing.
BitGo cuts nearly 15% of its workforce as the crypto custodian shifts focus to AI, stablecoins, trading, and settlement. Crypto custodian BitGo is reducing its workforce by nearly 15% as it narrows its business focus. The company said the decision follows changes in the digital asset market and financial services sector. BitGo said it will […] The post Crypto Custodian BitGo Cuts Jobs as It Bets on AI and Stablecoins appeared first on Live Bitcoin News.
Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI infrastructure following a difficult post-IPO stretch.
The SEC's data access concerns highlight potential risks to privacy and security, raising questions about oversight in government efficiency initiatives. The post SEC emails reveal concerns over DOGE’s data access issues appeared first on Crypto Briefing.
BitGo reportedly reduced its workforce by about 15% as the digital asset custodian shifts focus toward stablecoins, settlement and AI infrastructure.
Invesco filed a GENIUS Act-compliant fund for stablecoin reserve management. The fund will invest in cash, Treasuries, and repos to maintain liquidity. Superstate will tokenize fund shares and manage blockchain shareholder records. Invesco has filed to launch a GENIUS Act-compliant tokenized money market fund designed for stablecoin issuers. The proposed product will provide yield-bearing, liquid […] The post Invesco Files GENIUS Act-Compliant Money Market Fund for Stablecoins appeared first on Live Bitcoin News.
The newly public crypto custodian is slashing nearly 15% of its workforce as it pivots to focus on stablecoins and AI infrastructure.
Cathie Wood’s Ark Invest has increased its positions in Coinbase, Circle, Bullish, and Robinhood after all four stocks posted losses in Thursday’s trading session. Ark Invest’s latest daily trading disclosure showed the firm bought 9,014 Coinbase shares across its ARK…
