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Economy

Bitcoin Wallet Activity Hits Lowest Levels Since 2010

Bitcoin (BTC) has entered a period of subdued activity, with on-chain data revealing a significant decline in wallet activity. According to IntoTheBlock, the weekly active wallet ratio has plunged to

By William 2 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

Major Inflows Reported in US Spot Bitcoin ETFs, Setting New Records

In a landmark day for the cryptocurrency market, spot Bitcoin

Norwegian Authorities Freeze and Return $5.7 Million Linked to Ronin Hack

The Norwegian government has successfully frozen

Major German Bank Invests €2.1M in 21Bitcoin’s Crypto Services

In a bold move aimed at

May Sees a 46% Drop in Bitcoin Miner Revenue

Bitcoin miners experienced a sharp revenue

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