Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28 workers, or 13% of its non-call center staff. “The reduction in force is a component...
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that keeps money flowing and fast-tracks valuations. It’s the opposite of the standard venture capital strategy...
Crypto.com wants to increase its sports sponsorships to reach a wider audience. The company is targeting sports as a driver to reach non-crypto enthusiasts and “will double down on our strategy,” Chief Marketing Officer Steven Kalifowitz told Bloomberg News on Sunday (May 5) ahead of Formula One’s Miami...
Like the Summer Olympics and the presidential election, bitcoin’s “halving” comes every four years. The latest halving — a preprogrammed event that cuts the amount of available coins to be mined in half — happened Friday (April 19) evening, according to multiple published reports. As...
March 28, 2024
When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s legal defense hewed to on Thursday (March 28) during the fallen wunderkind’s sentencing hearing — but, as it turned out, all the hot air in the world can’t fill the sails of […]
January 04, 2024
Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial inclusion for marginalized and unbanked...
May 12, 2023
Real estate firms have historically run on paper — but that may be about to change. Real estate firms are weighing the benefits of adopting digital payments methods such as...
April 11, 2023
Nearly one-third of United States consumers own cryptocurrency, and consumers who own crypto consider it when making various financial decisions. For example, 45% of crypto owners keep accounts with financial...
May 06, 2024
Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28 workers, or 13% of its non-call center staff. “The reduction in force is a component of a broader strategic review of the company’s operations that […]
May 05, 2024
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that...
May 05, 2024
Crypto.com wants to increase its sports sponsorships to reach a wider audience. The company is targeting sports as a driver to reach non-crypto enthusiasts and “will double down on our strategy,” Chief...
April 21, 2024
Like the Summer Olympics and the presidential election, bitcoin’s “halving” comes every four years. The latest halving — a preprogrammed event that cuts the amount of available coins to be...
