Meta prepares to layoff thousands of employees this week: WSJ

Meta intends to cut thousands of employees in the second week of November, the Wall Street Journal reported, citing people familiar with the matter. With over 87,000 employees at Meta, the layof...

Institutions are getting serious about staking, Alluvial executive Mara Schmiedt says

Alluvial Chief Growth Officer Mara Schmiedt said she expects significant growth in the staking industry in the coming years. However, before that growth can be realized, she said issues must be addres...

BlackRock preps ETF targeting metaverse companies: Bloomberg

BlackRock, the world’s largest asset manager, is planning a new ETF aimed at capitalizing on metaverse-facing companies, Bloomberg reported. The new fund, the iShares Future Metaverse Tech and C...

Horizon software VP Sharma is leaving Meta: CNBC 

Vivek Sharma, vice president of Meta’s Horizon social media virtual reality (VR) software, is leaving the company, CNBC reported on Friday, citing a company spokesperson.  Sharma had been with Meta fo...

Analysis of Galaxy Digital’s $1.2bn Acquisition of BitGo

August 16, 2022, 1:23PM EDT • 3 min read Quick Take This is part of The Block Research’s Market Commentary series Galaxy Digital’s $1.2bn acquisition of BitGo has been called off with Galaxy Digital c...

Commentary on Robinhood’s Q2’22 Earnings

August 4, 2022, 11:45AM EDT • 6 min read Quick Take Vlad Tenev, Robinhood Co-founder & CEO, affirms no desire to sell the business Announced ~23% headcount reduction amidst declining share price a...

What Is All The Fuss About ESG Ratings?

Investors are demanding ESG ratings for companies. Should ratings be applied to governments, too? getty The recent growth of ESG in finance cannot be denied. It was originally adopted as a tool to ens...

Silvergate Q2’22 Earnings Update

July 20, 2022, 3:35PM EDT • 3 min read Quick Take Market intelligence series includes our latest on Celsius, Voyager and BlockFi Silvergate Capital closed at $79.60 per share, reflecting a +22.4% rall...