Search results for Exodus
Crypto
Shiba Inu exchange holdings near $400 million threshold as short-term rebound seen as limited
Shiba Inu (SHIB) holdings on centralised exchanges are increasingly likely to fall below $400 million in dollar terms, an analysis said. The drop is seen as driven mainly by a decline in SHIB’s price rather than large-scale investor withdrawals. SHIB has tried to rebound on rising volume but failed to break key resistance levels and has turned weak again. On-chain activity appears relatively steady, with slight increases in addresses and transactions.
Crypto
Exodus cuts workforce 25 percent in restructuring
Cryptocurrency wallet firm Exodus is cutting 25 percent of its workforce as it restructures its organisation. The company said it is reducing headcount to adjust its cost structure and organisational priorities to fit a strategy to build a full-stack card issuance and payments platform. The announcement followed Exodus\' acquisitions of Monavate and Vank. Exodus reported 215 full-time employees as of Dec. 31 last year.
AI & Enterprise
Gartner warns AI overconfidence to cause most 2026 mainframe migration projects to fall short
More than 70 percent of mainframe migration projects launched this year will fail to deliver targeted results because organisations overestimate the capabilities of generative AI tools, Gartner warned on June 18. It also forecasts that 75 percent of vendors active in the mainframe migration market will change their business models or cease operations by 2030 as expectations are tempered and demand for uniform migration solutions declines.
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Industry
SpaceX IPO spurs millionaire employees as wealth managers compete for clients
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Crypto
Exodus launches tokenised stock market with Ondo Finance
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Industry
Samsung Electronics management and union reach tentative wage deal, halt general strike
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Crypto
Bitcoin bullish bets return; retaking $85,000 hinges on ETFs
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Finance
Circle unveils Agent Stack to let AI agents pay with USDC
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Crypto
Flows return as gold price decline narrows; Europe and Asia lead rebound in spot gold ETFs
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Crypto
Ethereum seen reaching $12,000 by 2026; BitMine\'s ETH bet back in focus
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Crypto
Exodus launches Solana-based stablecoin for AI agents
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Crypto
SoFi bank to support XRP deposits; Ripple says accessibility expansion drives growth
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Crypto
Rakuten, Exodus and Binance speed up XRP ecosystem expansion
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Crypto
USDT supply hits record high as stablecoin use expands
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Games & Commerce
Netflix faces backlash over Apple TV app overhaul, rewind and subtitles become harder to use
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Crypto
Tom Lee says crypto bear market nearing end, sees Ethereum at $62,000 within years
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Crypto
Stablecoins, ETFs surge as whales stay quiet in crypto market
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Crypto
Strategy takes 94% of listed firms\' bitcoin buying in March