BitGo Cuts 15% of Workforce to Focus on Stablecoins and AI

BitGo Holdings, one of the crypto industry’s most prominent custody and infrastructure firms, has reduced its workforce by nearly 15% as the company restructures around stablecoins, settlement, trading, security, and AI-powered infrastructure. The announcement, made by CEO and co-founder Mike Belshe on June 25, was simultaneously filed with the U.S. Securities and Exchange Commission via…

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Security, regulation, and account types

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A review of XS CFD Broker examines how regulated trading platforms support users from beginner to advanced levels through evolving account features. Summary XS.com review highlights regulated multi-asset trading with demo accounts, fast funding,…

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Aave Founder Kulechov Dismisses Rumors of Selling AAVE at a 70% Discount, Teases Aavenomics 3.0

Stani Kulechov, founder of Aave — the largest decentralized lending protocol on Ethereum — has publicly dismissed reports that Aave Labs is in talks to sell a significant AAVE token allocation to Kraken’s parent company Payward at a steep discount to market value. While stopping short of denying that strategic partnership discussions are underway, Kulechov…

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Tether’s USDT Flips Ether in Market Cap as Stablecoin Climbs to $186 Billion

Key Takeaways USDT briefly passed ether by market cap at about $186.06B versus $185.66B, the first time in roughly 8 years. Tether’s issuance-driven growth met a falling ether price near $1,500, closing a gap that had narrowed for months. Ether subsequently reclaimed second place as prices firmed, but USDT’s continued rise reflects stablecoins’ growing dominance…

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SharpLink Resumes ETH Buying After 8-Month Hiatus but OG Whales Capitulate

In addition, Tom Lee’s Bitmine continues to stake ETH tokens. With the latest major price moves (and mostly corrections) in the cryptocurrency markets, certain major players and whales have returned to act accordingly. However, on-chain data from Lookonchain shows significant divergence between what SharpLink and some OG whales did. Here’s the Ethereum edition. SharpLink…

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Polymarket says hackers stole users’ funds

Prediction market giant Polymarket confirmed that hackers stole funds from an unspecified number of users after a third-party breach. In an X post on Thursday, Polymarket said that a compromise at a third-party vendor allowed hackers to inject malicious code into its website “for some users.” The company said it has “contained” the incident and…

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