Riot Platforms wants to buy Bitfarms for $950 million
Riot Platforms offers $950M to acquire Canadian Bitcoin miner Bitfarms. Bitfarms is facing leadership turmoil amid CEO Geoffrey Morphy’s lawsuit. The merger would create largest publicly listed Bitcoin miner by…
Coinbase lays off 950 employees, CEO says the exchange is well capitalized
The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has however confirmed that the exchange…