Bitgo Slashes 15% of Workforce to Pivot Toward AI-Powered Crypto Infrastructure
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s total headc...
Archive context
Fresh in the current trading session. It maps to an active market topic.
Why this matters
This maps to the Market Structure hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on Bitcoin NewsRelated market context
Crypto’s RWA boom finds retail demand in physical trading cards as users chase collectibles over Treasuries
Collector Crypt is turning crypto's RWA debate into a consumer stress test: randomized card packs, USDC sellbacks, physical redemp...
England faces Panama in World Cup clash at MetLife Stadium as crypto infrastructure takes center stage
The integration of crypto in the World Cup could accelerate digital asset adoption, influencing both sports engagement and financi...
Bitcoin’s bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&A boom
Bitcoin’s prolonged decline is forcing cryptocurrency companies to cut staff, automate more work, and abandon the expansion plans...
Bitcoin nearly loses $58K as ETF outflows decide whether inflation relief holds
Bitcoin registered an intraday low of $58,189 on June 25 before clawing back toward $60,100 as of press time, even as the Federal...
Sophon shuts down its L2 blockchain, pivots to consumer app studio on Base
Sophons pivot to consumer apps on Base highlights a strategic shift towards sustainable growth, emphasizing product development ov...
Solana hits $1B in weekly tokenized stock trading as demand for hard-to-access equities surge
Solana tokenized equities have crossed a threshold: more than $1 billion in reported weekly volume and a market that now behaves l...