The USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%.
This is the summary Decrypt publishes in its feed. The full article lives on their site.
Plus, pro-crypto spending largely failed to produce results as the Democrats swept the Senate and House in Midterms.
Experts say the Democratic sweep was largely priced in, but it makes the road ahead harder for crypto policy.
The USDC issuer disclosed the reduction in a footnote to third-quarter results that showed revenue up 17% to $865 million on its ARC token presale, without saying how many people lost...
A Polymarket trader topped the prediction market’s leaderboard after Democrats swept the US midterms, but Alaska could still flip it.
The onchain investigator says the theft is being "covered up," and that a lack of disclosure let more than $30 million be laundered.
A Nova Scotia judge found prosecutors failed to link William Sandeson's Bitcoin to the 2015 murder of fellow student Taylor Samson.
