Blockchain.com Cuts Its Headcount by 28%
The company adapts strict cost-cutting to return to profitability in 2023.

The company adapts strict cost-cutting to return to profitability in 2023.
The outstanding loans of $2.8 billion has around 30% of lending made to related parties, including parent company DCG.
The valuations given to some of the tokens on the balance sheet are fiction.
The Financial Times has seen a copy of an FTX balance sheet showing that the bankrupt crypto exchange had only $900mn of assets it could easily sell.
The OKLink, OKG’s blockchain explorer, has supported twenty chains after they launched Aptos blockchain explorer on 18 October 2022.
The U.S. tax service has used the same tactic to gain information from Circle, Coinbase and Kraken in recent years, as analysis finds that half of taxes on crypto go unpaid.
Investments in blockchain initiatives have been patchy, but GameFi is one industry that is sustaining development despite the market's decline. ...
Octagon Networks, a global cybersecurity company, announced it would adopt a Bitcoin standard, offering half-price discounts for Bitcoin payments.
The business intelligence firm now owns a total of 129,218 BTC.