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BitGo Cuts Nearly 15% of Staff Six Months After IPO, Refocuses on Stablecoins and AI

BitGo Cuts Nearly 15% of Staff Six Months After IPO, Refocuses on Stablecoins and AI

Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI infrastructure following a difficult post-IPO stretch.

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BitGo Cuts Nearly 15% of Staff Six Months After IPO, Refocuses on Stablecoins and AI

BitGo Cuts Nearly 15% of Staff Six Months After IPO, Refocuses on Stablecoins and AI

Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI infrastructure following a difficult post-IPO stretch.
Five Former EF Researchers Launch Ethlabs, an Independent Non-Profit R&D Lab for Ethereum

Five Former EF Researchers Launch Ethlabs, an Independent Non-Profit R&D Lab for Ethereum

Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma have launched Ethlabs, an independent non-profit R&D lab backed by Bitmine, Sharplink, and Consensys founder Joe Lubin, with a thesis that Ethereum will become the universal onchain settlement layer.
'Peirce Out': A Decade of Dissent

'Peirce Out': A Decade of Dissent

She arrived at the SEC in 2018 as a Republican commissioner with light crypto baggage and left this week as the regulator whose quotes had narrated the industry's regulatory story. A retrospective on eight years of dissent.