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Economy

Luxor Rejects Claims Linking Its Bitcoin Hashrate-Backed Product to BlockFi, Celsius 2.0

"A Luxor Technology Executive Emphasizes Hashrate's Legitimacy Over Pixie Dust and Ponzi Schemes" An upcoming Bitcoin hashrate-backed product, potentially offering 10% to 13% returns, distinguishes itself from BlockFi or Celsius

By William 4 Min Read

Paxos Implements Workforce Reduction Despite Healthy Financials

Stablecoin issuer Paxos has made the difficult decision to reduce its workforce by approximately 20%, despite maintaining a strong financial position. In an email obtained by The Block, Paxos co-founder

By William 2 Min Read
Saudi Arabia becomes part of a trial for central bank digital currency led by BIS

Saudi Arabia has joined a significant central bank digital currency trial led

2 Min Read
Paxos Implements Workforce Reduction Despite Healthy Financials

Stablecoin issuer Paxos has made the difficult decision to reduce its workforce

2 Min Read

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Oponion

SEC should consider proposing rules to regulate crypto, Republican commissioner says

Mark Uyeda of the Securities and Exchange Commission suggests that

German Government Nears Completion of Bitcoin Sell-Off

As reported by cryptocurrency analytics firm

A16z Crypto Drives $4.2 Million Seed Investment for UK’s Pimlico in Web3 Infrastructure Sector

UK web3 infrastructure company Pimlico recently

Bitget Announces $10M Fund for Investment in Indian Blockchain Startups

Bitget, the renowned crypto derivatives and

The Latest

Paxos Implements Workforce Reduction Despite Healthy Financials

Stablecoin issuer Paxos has made the difficult decision to reduce its workforce by approximately 20%, despite maintaining a strong financial

2 Min Read

Saudi Arabia becomes part of a trial for central bank digital currency led by BIS

Saudi Arabia has joined a significant central bank digital currency trial led by BIS, signaling a potential shift away from

2 Min Read