Tag: cuts
New Klarna AI Assistant Cuts Down Consumer Errand Times by Over 80%
A new AI assistant has been launched by Klarna, the AI-powered payments network and shopping assistant, to…
Revolut Business reportedly cuts crypto services ahead of new rules
Neobank Revolut will temporarily halt cryptocurrency purchases on its business platform in the United Kingdom at the…
Airwallex Cuts KYC False Positives in Half With Generative AI and Boosts Customer Onboarding
A new generative AI tool has been dramatically enhancing the speed and efficiency of Know Your Customer…
Markets rethink Fed rate cuts as Bitcoin circles $44K on US jobs data
Bitcoin (BTC) tapped $40,000 after the Dec. 8 Wall Street open as United States employment data shrunk…
Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees…
HTX’s Justin Sun claims record profits despite staff cuts
Chinese blockchain personality Justin Sun, who also serves as the de facto owner of crypto exchange HTX…
Yuga cuts staff, NFT trading volume on Mythos Chain surges and more…
Cutbacks at Yuga Labs Bored Ape Yacht Club creator Yuga Labs has announced a restructuring that has…
Curve Finance founder cuts debt to $42.7M, settles entire Aave loan
Michael Egorov, the founder of decentralized finance (DeFi) protocol Curve, has recently settled his loans on the…
Binance.US cuts third of staff as CEO Brian Shroder leaves: Report
Binance.US, the United States arm of the crypto exchange has reportedly cut around a third of its…
Argo Blockchain cuts 2022 debt by half, down to $75M
The mining company, which has been one of a number of firms to struggle amid negative market…