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Anchorage Digital, $4.2B Crypto Bank, Cuts 17% of Workforce: Report
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Anchorage Digital, $4.2B Crypto Bank, Cuts 17% of Workforce: Report

Key Highlights Anchorage Digital has reportedly cut 17% of its workforce amid a prolonged cryptocurrency market downturn. The reported layoffs were communicated by CEO Nathan McCauley to employees this week. Based on Anchorage’s reported headcount of about 400 employees in February, the reduction could affect roughly 68 jobs. Anchorage Digital Reportedly Cuts 17% of Workforce ...

BNY and Kraken Parent Payward in Talks Over Infrastructure Partnership
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BNY and Kraken Parent Payward in Talks Over Infrastructure Partnership

Key Highlights: BNY is in talks with Payward, the Wyoming-based parent company of crypto exchange Kraken, over a potential broad partnership. The proposed agreement could cover digital-asset products, custody, wealth management, trading, payments and financial-market infrastructure. Discussions remain ongoing, with no guarantee that BNY and Payward will reach a final agreement. BNY and Payward Discuss ...