BitMart Weighs Phased Restart as Withdrawal Freeze Drags On
The restart proposal carries no recovery rate, no reserves proof, and no list of which services would come back, while former employees say salaries remain unpaid.
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The restart proposal carries no recovery rate, no reserves proof, and no list of which services would come back, while former employees say salaries remain unpaid.
The reference to 'creditors' is what changed. White & Case is now restructuring counsel, with a detailed roadmap due Sept. 9. BMX already dropped 58% in 24 hours on the original shutdown news.
The wallet provider is shrinking roughly a quarter of its headcount to fund a build-out of stablecoin payment rails, a bet that the next growth lane for self-custody wallets is merchant and…
The analyst kept a Buy rating even while cutting the price target by nearly half, a split that signals Benchmark sees the stablecoin move as a rerating catalyst the market has not yet priced in.
A co-executive director exit in February, nine senior departures, a June restructuring that cut 54 roles and 40% of the budget, and three new external bodies absorbing the work the foundation is…
Roughly 54 roles are going as the Foundation reorganizes around the Mandate and a new Treasury Management Policy, signaling a narrower execution focus at the top of Ethereum's core org.
A 40% spending cut this year is the number, but the real signal is Vitalik framing the EF as a 5%-spend endowment by 2030 while nine senior figures have walked out since January.
The Foundation is collapsing its old pods into five protocol-facing clusters plus an ops arm, a structural reset that lands as ETH trades under macro and competitive pressure.
Robinhood Markets (HOOD) said Tuesday it is laying off roughly 10% of its workforce, a move CEO Vlad Tenev framed to…
Meta is preparing a sweeping restructuring set to take effect on May 20, with plans to cut roughly 20% of its global…