CoinDesk CEO Kevin Worth Steps Down in Major Restructuring Led by Bullish CoinDesk’s CEO Kevin Worth has resigned as part of a significant restructuring effort led…
DCG Challenges Genesis’ Bankruptcy Strategy Digital Currency Group (DCG) has raised legal concerns and objected to Genesis’ updated bankruptcy scheme. Attorneys from Weil, Gotshal, and Manges…
Polygon Labs Cuts Workforce by 19% Polygon blockchain developer Polygon Labs has made the difficult decision to lay off 19% of its workforce, according to CEO…
FTX Aims to Fully Reimburse Customers and Creditors in Restructuring Plan FTX, a former leading cryptocurrency exchange, has undergone a turbulent period in late 2022. The…
SAP Announces Restructuring Plan for 2024 SAP SE, a global leader in enterprise application software, has announced a sweeping restructuring plan for 2024, with a budget…
Successful Reorganization For Core Scientific Texas-based Bitcoin mining giant Core Scientific has successfully returned to the Nasdaq after undergoing a company-wide reorganization. The company filed for…
Texas-based Bitcoin mining company Core Scientific resumes trading on Nasdaq Texas-based Bitcoin mining company Core Scientific has successfully resumed trading on the Nasdaq after undergoing a…
GameStop Shuts Down NFT Marketplace Due to Regulatory Uncertainty GameStop has announced the closure of its NFT marketplace, citing “the continuing regulatory uncertainty of the crypto…
NEAR Foundation Announces Workforce Reduction The NEAR Foundation has revealed plans to reduce its team by 40% as part of a realignment initiative, impacting 35 employees.…
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