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Blockchain.com
Blockchain.com Takes Step Towards IPO With New Executive Appointments
The company is joining a growing number of cryptocurrency firms for IPO ambitions amid growing institutional adoption and a more favorable regulatory environment.
Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com
Blockchain.com President Lane Kasselman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars.
Blockchain.com Closes $110M Raise: Bloomberg
The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.
Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg
The business was launched just 11 months ago.
Crypto.com to Cut 20% of Workforce Amid Crypto Winter
Crypto.com said it is cutting its workforce by around 20% as the crypto industry continues to reel from the effects of the ongoing crypto winter. "First Mover" hosts discuss the series of job cut announcements from companies, including Genesis, Coinbase, Blockchain.com and ConsenSys.
Bitcoiner Jimmy Song On Crypto Contagion Concerns
"Thank God for Bitcoin" author Jimmy Song weighs in on the ongoing contagion concerns in the crypto space as companies like Coinbase and Blockchain.com announce layoffs.
Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce
Troubled crypto lender Genesis owes its creditors over $3 billion prompting its parent company, Digital Currency Group, to look at asset sales to pay off the debt, according to the Financial Times. DCG is the parent company of CoinDesk. Plus, cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce as crypto's cruel winter continues.
Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry's Cruel Winter Continues
The company is shedding 110 staffers in a bloody week of layoffs across the crypto sector.
Blockchain.com May Raise Money at Significant Discount to Previous Valuation: Bloomberg
The company was valued at $14 billion in a funding round earlier this year, but may only fetch $3 billion to $4 billion, the publication reported.
Russian Journalists, Activists Kicked Off Crypto Exchanges Due to EU Sanctions
The European Commission last week boosted restrictions on providing financial services to Russians.
