Crypto Briefing·
Crypto card adoption signals a shift towards stablecoin-driven transactions, raising questions about long-term stability and regulatory impacts. The post Weekly crypto card transaction volumes surpass $200M as stablecoins fuel everyday spending appeared first on Crypto Briefing.
Read full articleMike 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 […]
Binance'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.
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.
BitGo cut nearly 15% of staff as Mike Belshe shifts focus to security, trading, stablecoins, settlement and AI infrastructure after its IPO.
