Tether Slashes Commercial Paper, Increases Treasury Bill Holdings in Latest Portfolio Update
Tether CTO Paolo Ardoino has announced a 14.6% increase in Treasury bills and lower commercial paper holdings since June 2022....
Slashes
Hodlnaut Slashes Staff and Faces ‘Proceedings’ by Singapore Authorities
Beleaguered crypto lender Hodlnaut has fired 80% of its workforce and asked to be placed under judicial management in Singapore....
Robinhood Slashes Offer To Buy Crypto Exchange Ziglu by 60%
Early crowdsourcing investors could lose up to 41% of their investments Remaining part of the Robinhood acquisition was the “best...
Blockchain.com Slashes 25% of Workforce, Cuts Exec Compensation
CEO Peter Smith told Blockworks last month that many crypto firms spent unsustainably Smith and other executives will take compensation...
NFT marketplace OpenSea slashes 20% of jobs
Non-fungible token (NFT) marketplace OpenSea has cut 20% of its workforce to reduce costs in the face of a prolonged...
Private Equity Firm Slashes Valuations of BlockFi Investments
A prominent private fund has downgraded the status of its investments in BlockFi, the beleaguered crypto lender. The Private Shares...
Another week of job slashes and crypto crashes – TechCrunch
Hi friends! Welcome back to Week In Review, the newsletter where we wrap up many of the top stories to...
Crypto.com slashes rewards to ‘ensure long-term sustainability’
Crypto.com has announced changes to its CRO Card rewards program, effective from June 1, 2022.The changes include a reduction in...
Galaxy Heroes Launches Own NFT Marketplace, Slashes Listing Costs
Galaxy Heroes has launched its NFTs marketplace. The marketplace will operate on Binance Smart Chain (BSC) and is freely accessible...