Reduces
Tiger Global Reduces Investments in Bored Ape Yacht Club and OpenSea Holdings
Tiger Worldwide Investors Experience Losses The investment firm Tiger Worldwide has reportedly decreased the value of its holdings in Bored Ape Yacht Club (BAYC) and OpenSea.…
Tiger Global, a prominent VC firm, reduces holdings in OpenSea and BAYC NFT collection
Investment Firm Tiger Worldwide Reduces Stakes in Bored Ape Yacht Club and OpenSea According to Bloomberg, investment firm Tiger Worldwide has dropped its stakes in Bored…
Ark Invest, led by Cathie Wood, reduces GBTC holdings and acquires Robinhood shares
Cathie Wood’s Ark Invest Reduces Grayscale Bitcoin (GBTC) Holdings According to recent transactions, Cathie Wood’s Ark Invest fund ARK Next Generation Internet ETF (ARKW) has sold…
China reduces its holdings of US Treasury by $518 billion, leading to Moody’s downgrade of US credit outlook
China’s Divestment of United States Debt and Its Broader Implications Over the previous ten years, China has consistently declined its holdings of United States Treasury securities, resulting in a…
Nigerian Fintech Company Paystack Reduces Staff, 33 Workers to Leave
‘Localizing Costs and Getting Closer to Customers’ The Nigerian fintech startup, Paystack, has announced a scale-down of its operations outside of Africa, leading to the departure…
Coinbase reduces startup assistance as VC funding decreases
Decline in Cryptocurrency Funding According to PitchBook, cryptocurrency funding saw a whole lot of fall of over 60% in Q3 2023 compared to the same period in 2022.…
Report: Coatue Reduces OpenSea’s NFT Marketplace Valuation by 90%
American investment firm Coatue Management has reportedly devalued its stake in OpenSea, one of the leading NFT platforms. The company reduced its previously valued $120 million…
Coinbase reduces net loss amidst Q3 2023 trading volume decline
Coinbase Reports $2 Million Net Loss in Q3 2023 Regardless of Growing Revenue Coinbase, a leading digital currency exchange, has revealed a net loss of $2 Million in…
OpenSea Reduces NFT Marketplace Team by Half, Ensuring Efficiency
OpenSea Announces Staff Layoffs as it Concentrates on Building a Better Version OpenSea, our trending NFT marketplace, has confirmed that it has laid off approximately 50%…
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