Search

Nalezeno "cuts": 454

World’s Largest Asset Manager Blackrock Predicts No Fed Rate Cuts This Year

30.3.2023
The world’s largest asset manager, Blackrock, does not see the Federal Reserve cutting interest rates this year. “That’s the old playbook when central banks would rush to rescue the economy as recession hit. Now they’re causing the recession to fight sticky inflation – and that makes...

Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

26.3.2023
Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall. He further stressed that the economy “will have a hard landing.” Barry Sternlicht on Hard Landing, Economic...

Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon

25.3.2023
Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S. Treasury yields two years and out are “well below the fed funds...

Animoca Brands cuts metaverse fund target to $800M: Report

24.3.2023
The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023

NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters

24.3.2023
When Animoca initially unveiled its plans for the fund last November, its target was $2 billion. This was then cut in half to $1 billion in January

Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper

16.3.2023
State Street and Copper have mutually decided to end their licensing agreement, a spokesman for the bank said

Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty

15.3.2023
It's unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector

Crypto layoffs decelerate, with layoffs falling to 570 in February

1.3.2023
The number is a stark contrast to over 2,900 employees from the crypto industry let go in January

Crypto Analytics Firm Messari Cuts 15% of Workforce as Part of Restructuring

23.2.2023
The crypto intelligence firm, which is led by Ryan Selkis, had closed a $35 million Series B last year

Australian Crypto Gaming Firm Immutable Cuts Staff By 11%: Report

22.2.2023
Australian crypto gaming company Immutable is cutting 11% of its workforce, according to a report by The Sydney Morning Herald on Wednesday

Polygon Labs Cuts 20% Workforce, Almost 100 Jobs

21.2.2023
The firm said that the job cuts are part of its consolidation earlier this year

Crypto Miner Hive Blockchain's Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin

21.2.2023
The Canadian miner is launching its high-performance computing cloud business, which is 25 more profitable than mining

Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions

20.2.2023
According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended reality division, while Bytedance...

JPM Cuts Coinbase Price Target Due to Regulatory Risks

17.2.2023
Analysts at J.P. Morgan cut their price target for Coinbase (COIN) stock from $60 to $52 for the year ending in December, a report from the bank on Friday showed

ConsenSys CEO: 'We've retained virtually all of our capabilities' after job cuts

7.2.2023
The executive stated that the layoffs were due to concerns about “macroeconomic and geopolitical” issues that may affect the venture capital markets

Binance Says Indian Crypto Exchange Wazirx Can No Longer Use Its Wallet Services

4.2.2023
Binance has announced that Indian crypto exchange Wazirx can no longer use Binance wallet services. Zanmai, the operator of Wazirx, has until Feb. 3 “to remove the funds from the accounts that they used for Wazirx’s operations.” The move followed a public dispute regarding...