Tag: slashes

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NYCB lost 7% of deposits in past month, slashes dividend to 1 cent

NYCB lost 7% of deposits in past month, slashes dividend to 1 cent

The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024.Bing Guan | Bloomberg | Getty ImagesNew York Co [...]
China Slashes Mortgage Lending Rate To Support Property Funding

China Slashes Mortgage Lending Rate To Support Property Funding

RBA Board Considered Rate Hike, Minutes Show Policymakers of the Reserve Bank of Australia considered whether to hike the key interest rate by a qu [...]
Fantom Slashes Validator Staking Requirements by 90%, FTM Prices Unchanged

Fantom Slashes Validator Staking Requirements by 90%, FTM Prices Unchanged

The move could help improve network security as validators are more widely distributed across the world, developers said. www.coindesk.com [...]
Weight loss drug Wegovy slashes risk of serious heart complications

Weight loss drug Wegovy slashes risk of serious heart complications

Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used with a weight loss plan an [...]
Sequoia slashes its crypto fund by 66% after industry collapses: Report

Sequoia slashes its crypto fund by 66% after industry collapses: Report

Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pi [...]
Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ

Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ

Sequoia told investors earlier in the year that it would shrink the fund to reflect a changed market, with the crypto fund focusing more on backing ne [...]
Binance slashes costs, Ripple ready for US banks and crypto VCs return

Binance slashes costs, Ripple ready for US banks and crypto VCs return

The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. Duri [...]
Crypto Exchange Binance Slashes Worker Benefits as Profit Falls: WSJ

Crypto Exchange Binance Slashes Worker Benefits as Profit Falls: WSJ

Changpeng “CZ” Zhao, Binance’s CEO, however, told workers in a company meeting on Friday that Binance was still profitable and had not been impacted b [...]
Temasek slashes compensation for execs responsible for its $275M FTX investment

Temasek slashes compensation for execs responsible for its $275M FTX investment

Singapore investment firm Temasek Holdings has reduced compensation for the execs responsible for the firm’s investment into the now-defunct crypto ex [...]
DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot

DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot

Balancer’s OpCo, which manages the protocol’s front end, has laid off two engineers and reduced its operating budget, the providers’ team revealed dur [...]
Chinese yuan approaches 7 level as PBOC slashes midpoint rate … – Investing.com Canada

Chinese yuan approaches 7 level as PBOC slashes midpoint rate … – Investing.com Canada

Chinese yuan approaches 7 level as PBOC slashes midpoint rate ...  Investing.com Canada m.ca.investing.com [...]
Reserve Bank slashes lending rates, increases forex retention – Bulawayo24 News

Reserve Bank slashes lending rates, increases forex retention – Bulawayo24 News

Reserve Bank slashes lending rates, increases forex retention  Bulawayo24 News news.google.com [...]
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption

ConsenSys slashes headcount 11% as chief economist reveals formula for adoption

ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brou [...]
Silvergate gets more bad news as Moody’s slashes its ratings

Silvergate gets more bad news as Moody’s slashes its ratings

Things seem to be going from grim to grimmer at Silvergate Bank, with a hit to its Moody’s rating and a selloff by Ark Invest. The bank already experi [...]
Bitcoin Miner Cathedra Slashes Payroll Costs More Than 60% With Job, Salary Cuts

Bitcoin Miner Cathedra Slashes Payroll Costs More Than 60% With Job, Salary Cuts

Cathedra has been cutting costs in the last two months through a "combination of lay-offs and salary reductions, canceling real estate leases, and eli [...]
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