TrueLayer Set To Lay Off Employees
About 45 people will lose their jobs at the company, which was worth more than $1 billion a year ago. TrueLayer, an open banking startup in London, said it will lay off 10% of its staff because of “challenging market conditions.” LinkedIn says that TrueLayer has 443 workers, which means that about 45 people will […]
Price of Ether Trades Flat After Successful
At block 15537391, which is just after 2:30 a.m. Ether or 5:30 a.m. GMT, the switch from Proof of Work to Proof of Stake was successfully made. The price of Ether changed by less than 1% in the first few minutes after the merge, going from $1,604 to $1,605. It stayed pretty much the same […]
Before Merge F2Pool Mined the Last-Ever PoW Ether Block
The miner paid for that deal with almost 30 million gwei. F2Pool mined the last proof-of-work (PoW) ether (ETH) block before the network switched to proof-of-stake (PoS) this morning.Data shows that the last ether block before the Merge was 15537393. F2Pool paid a gas fee of about 29,991,429 gwei, which is the smallest unit of […]
After the Merge Ether Futures Market Discount Evaporates
After the Merge, the negative spread between futures and spot prices has gone from $20 to almost $0. The month-long oddity on the ether futures market, which was mostly caused by traders who wanted to make money from Ethereum’s technological change, the Merge, has gone away. Ether futures are almost at the same price as […]
Coinbase Enlists Broadridge Financial to Improve Liquidity
Broadbridge’s NYFIX order-routing network will be used by Coinbase. Ray Tierney, president of Broadridge Trading and Connectivity Solutions, says that the deal will help bring crypto trading to the institutional market. A press release says that the cryptocurrency exchange Coinbase (COIN) is working with the financial technology company Broadridge Financial Solutions (BR) to improve the […]