Eigen Labs cut its workforce by 25%, losing 29 roles, as CEO Sreeram Kannan said he restructured the company to focus on developing EigenCloud, what he called a “verifiable” alternative…
Eigen Labs has laid off 29 employees as it reorients its EigenCloud product, Blockworks has learned. The product, which was unveiled last month, is a developer platform focused on off- and…
Reason to trust
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Key points:US private-sector jobs numbers declined more than 4% in June — the biggest drop since March 2023.Bitcoin sees relief, building on a rebound which has begun to trap late…
The U.S. Department of Justice is sending a message with its recent effort to seize $225 million in crypto tied to pig butchering scams: these funds were stolen from victims.At…
Hedera’s native token HBAR extended its rally on Sunday, trading up 2.1% to $0.1519 as of 19:56 UTC on June 30, according to CoinDesk Research's technical analysis model. The…
South Korea CBDC pause represents a major shift as the Bank of Korea suspends its digital currency pilot to focus on won-backed stablecoin launch. This CBDC pilot suspension comes amid…
Key Points:Jack Zhang questions stablecoin utility, focusing on distribution over technology.Stablecoins seen as Internet currency, not global payment solutions.Regulatory clarity is crucial for stablecoin adoption in fintech.
Jack Zhang, co-founder of…
Key Points:Circle finalizes IPO, aligning governance with financial institutions.Circle’s IPO boosts trust and institutional cooperation.USDC solidifies role as stablecoin within payments infrastructure.
Heath Tarbert, President of Circle and former CFTC Chair,…
Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT
Beyond Aggregation: Building the Liquidity Infrastructure with B2CONNECT
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