Just as we predicted last year, a wave of layoffs has already begun in early 2023 with large workforce reductions announced across crypto, finance, real estate, transportation and Big Tech. Just today, crypto exchange giant Coinbase announced it’s cutting 20% of its workforce (about 950 positions) due to the FTX fallout that’s already ensnaring Gemini
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The long-stalled New York-New Jersey Gateway project will receive just under $300 million in federal funds — the first tranche of what could be billions in federal aid — to help complete early stages of a massive project that President Joe Biden Tuesday called “a national priority.” The Gateway Program is “one of the biggest
The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers started to play catch up. The improving macroeconomic conditions, such as reduced inflation and
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In this article SI Follow your favorite stocksCREATE FREE ACCOUNT Cryptocurrencies have been under immense pressure after the collapse of a so-called stablecoin called terraUSD. Umit Turhan Coskun | Nurphoto via Getty Images Silvergate Capital jumped on Tuesday afternoon after BlackRock reported a 7% stake in the crypto bank. Shares of Silvergate rose 9.96% after
In this article AMD MTCH WDC EA SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in
There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS). Do I know if Dogecoin is switching to PoS? No. Do I think it’s going to PoS? Probably not. But I love the “what if” game. As a person who works in the crypto mining industry, I do my best to gauge where
With so much decor on the market and so many designers, finding something original is rare. It can be challenging to distinguish one brand or artist from the next, but designer Katie Kime has managed to create a truly unique line of decor featuring her sophisticated yet cheerful prints. The designer is perhaps best known
Former US President Donald Trump addresses the crowd during a 2024 election campaign event in Columbia, South Carolina, on January 28, 2023. Logan Cyrus | AFP | Getty Images The New York attorney general’s office on Tuesday said it will ask a judge to impose sanctions on former President Donald Trump and his attorneys in
Puerto Rico’s general fund net revenues were 28% above projections in December and 14% higher than those of December 2021. Through the first six months of the fiscal year, net revenues came in 14% ahead of projections and 3% ahead of July to December 2021, according to the Puerto Rico Department of the Treasury. Net
EU member states have warned Brussels against giving Ukraine an unrealistic expectation of rapidly joining the bloc, ahead of a summit in Kyiv where Volodymyr Zelenskyy is pressing for progress on accession and reconstruction. Zelenskyy is due to host his EU counterparts Ursula von der Leyen and Charles Michel this week, where he is expected to lobby
SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November last year, but judges made it clear that the judgment was only for the direct sale. 357 Total views 3 Total shares Listen to article 0:00 News Own this piece of history Collect this article as
KUALA LUMPUR – Malaysias former prime ministers Mahathir Mohamad and Muhyiddin Yassin have been sued over the terminationof the High Speed Rail (HSR) project between the country and Singapore. The plaintiff is seeking to compel the defendants to pay RM1 million (S$308,000) in damages and compensation to every Malaysian citizen, a new report said. The
close video US seeing ‘very desynchronized economy’: Nancy Lazar Piper Sandler chief global economist Nancy Lazar explains why she’s predicting a recession in the second half of 2023. According to one Wall Street economist, a looming recession this year will feel more like the 1970s than a 2008-07 slump. "People are too focused on ‘08
Microsoftco-founder and former CEOBill Gates has repeatedly said he regretseverinteractingwithconvicted sex offender Jeffrey Epstein. In a newinterviewonABC Australia's 7.30, acurrent affairs program,he downplayed his ties tothe financier, who reportedlydied by suicide in jail in 2019. "Iwill say for the, you know, over hundredthtime, yeah I shouldn't have had dinners with him," Gates said. What To
Chicago’s fiscal progress on structural balance and pensions drew rating upgrades and high-grade investors to recent bond deals but easing the longer term strains of pensions will require state intervention, Mayor Lori Lightfoot said. Whether the city’s fiscal momentum can help Lightfoot win a second term is uncertain. She faces eight rivals vying for
Virunga National Park in the Democratic Republic of the Congo has become the first national park in the world to run a Bitcoin (BTC) mine in an effort to protect its forests and wildlife. Cointelegraph spoke with Sébastien Gouspillou, CEO of Big Block Green Services, and the man who introduced Bitcoin mining to the park.
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