BitGo will not acquire Prime Trust In a surprising turn of events, BitGo, a prominent cryptocurrency custody company, recently announced the termination of its plans to acquire Prime Trust, a competing firm. This decision has raised eyebrows within the cryptocurrency community and warrants a critical evaluation of the factors that led to this unexpected outcome. ...

Circle logo and a USDT coin with a dollar in the background Circle, a prominent US-based stablecoin issuer, recently announced layoffs, signaling a strategic shift in their business operations. The company, best known for its USD coin (USDC) cryptocurrency, has decided to refocus its efforts on core activities and execution. While the news of layoffs...