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
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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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
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Kraken Parent Payward Breaks Trading Reliance as Services and Custody Drive Q3 Margin
Kraken parent Payward is decoupling its profitability from the crypto trading cycle. In the third quarter, client assets and enter...
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U.S. Wholesale Inflation Hits 6.5%—What It Means for Bitcoin’s Next Move
Bitcoin’s inflation problem has a fresh complication. U.S. wholesale prices rose 6.5% over the year to October, their fastest annu...