A Bitwise spokesperson confirmed reports that the company had reduced its workforce from about 180 to 155 people.
Bitwise cut 14% of staff to about 155, six months after buying Chorus One's 50 engineers, while its BITW index fund lost 48.27% of net assets.
Bitwise cut 14% of its workforce during a crypto price slump, joining Dune, Polygon, and Coinbase in 2026 layoffs.
Bitwise's Ryan Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure.
Bitwise said STRC’s collapse is a classic late-cycle deleveraging event, not a sign of impending liquidation at Strategy. Strategy’s new framework shifts MSTR from a one-way bitcoin buyer to a more ...
The investment seeks to provide exposure to the value of bitcoin held by the trust, less the expenses of the trust’s operations. In seeking to achieve its investment objective, the will trust will ...
According to an April 20 news release from the U.S. Attorney’s Office for the Eastern District of California, 61-year-old David Hardcastle pleaded guilty to conspiracy to commit wire fraud, totaling ...
Bitwise said it will be contributing $233,000 to support the programmers who maintain and secure the Bitcoin network. Bitwise Asset Management announced its second annual donation to Bitcoin ...
California disbars Jake Soberal after two-count wire fraud conviction Court orders $114.6 million restitution; Soberal sentenced to 11 years Bitwise collapse in May 2023 furloughed 900 employees amid ...
The Bitwise Crypto Industry Innovators ETF is filled with crypto miners that are pivoting to AI infrastructure. Unfortunately, this fund has a 0.85% expense ratio, which is quite excessive compared to ...
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