Search results for FalconX
Crypto
Bitwise to cut workforce by 14 percent as crypto slump hits ETF firms
Bitwise cut about 14 percent of its workforce, reducing headcount from around 180 to about 155. The layoffs come as weakness in the cryptocurrency market spreads to spot bitcoin ETF issuers. Bitwise manages more than 70 products and about $9 billion in assets, including a $2.3 billion spot bitcoin ETF. The spot bitcoin ETF market totals about $77.5 billion, but assets are concentrated in larger funds such as BlackRock’s IBIT and Fidelity’s FBTC.
Crypto
FalconX cuts 10 percent of workforce amid prolonged crypto market slump
FalconX has cut about 10 percent of its global workforce to brace for a prolonged slump in the cryptocurrency market. Cointelegraph reported the firm is also adjusting its Singapore business strategy, withdrawing a local licence application and planning to focus on cryptocurrency derivatives trading. Before the layoffs, FalconX employed about 350 people in the United States, Britain, Singapore and Hong Kong. It plans to keep its Asia base while expanding in Europe.
Crypto
SharpLink resumes ETH accumulation after 8 months, adds 5,000 at annual low
Ethereum treasury firm SharpLink resumed purchases after eight months, receiving 5,000 ETH worth about $7.85 million from prime broker FalconX as ether slid to $1,537, its lowest level this year. On-chain data showed its last receipt via FalconX was on Oct. 26 last year. SharpLink holds about 876,285 ETH and ETH-converted assets. Rival BitMine holds 5.67 million ETH after adding 52,203 last week.
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Crypto
21Shares revises 2026 crypto outlook as prices lag and infrastructure advances
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Crypto
Mara buys 1,000 bitcoin after selling $1.5 billion worth in Q1 2026
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AI & Enterprise
AI infrastructure financialisation gains momentum as major investment banks take interest
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Crypto
Satoshi-era miner transfers 2,650 BTC to institutional brokers
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Crypto
21Shares lists STRC ETN on London Stock Exchange linked to Strategy preferred shares
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Crypto
World Foundation subsidiary sells $65 million of WLD tokens as price hits record low
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Crypto
Monad hires executives from FalconX, BVNK and Optimism to speed Layer 1 scaling
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Crypto
Birchill raises $2.5 million to strengthen institutional on-chain credit infrastructure