BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions.
Related Posts
GENIUS Act Ready Or Not? BitGo Says Here Are The 5 Fixes For Successful Rollout
Following the US Treasury Department and the Office of the Comptroller of the Currency (OCC) proposal rules for the GENIUS Act—the country’s first stablecoin bill—Bitcoin (BTC) custodian BitGo has submitted its formal comments to the OCC. BitGo Pushes OCC On GENIUS Act Changes In a social media post on Monday, BitGo called the GENIUS Act […]
Shiba Inu Market Maker Is On The Move With Billions Of SHIB, Here’s What We Know
A fresh wave of on-chain activity shows billions of Shiba Inu (SHIB) tokens shifting hands through a major market maker. This large-scale transfer points to behind-the-scenes moves that could redefine how SHIB is positioned in the market, underscoring the meme coin’s continued presence among high-volume players. Wintermute Moves Billions Of SHIB To Exchange Shiba Inu […]
Phantom XRP Transactions: Who Is Behind The Over 40,000 Traffic On The Blockchain?
Reports have surfaced revealing an unusual spike in transaction activity on the XRP Ledger (XRPL) that appears to have come out of nowhere. These movements have been identified as AccountSet transactions, typically used to configure wallets on a large scale. The sudden emergence of these transactions on the blockchain has sparked speculation about the entity […]