Tag: slashes

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Crypto.com Slashes Card Rewards, CRO Tokens Drop 11% as Community Reacts

Crypto.com Slashes Card Rewards, CRO Tokens Drop 11% as Community Reacts

"Staking CRO tokens enabled rewards for users and incentivized the use of their debit card," shared Edson Ayllon, Product Manager at dHEDGE, in a Tele [...]
California slashes supplies to water agencies amid record drought

California slashes supplies to water agencies amid record drought

A cracked lake bed at Nicasio Reservoir during a drought in Nicasio, California, on Wednesday, Oct. 13, 2021.David Paul Morris | Bloomberg | Getty Ima [...]
Citi slashes euro area growth forecasts on Russian decoupling

Citi slashes euro area growth forecasts on Russian decoupling

The firm is slashing its 2022 GDP growth forecast for the Eurozone to 2.2%, down from 3.3% previously. As for 2023, the GDP growth forecast is cut to [...]
Lucid slashes 2022 vehicle production forecast

Lucid slashes 2022 vehicle production forecast

Lucid AirCourtesy: Lucid MotorsLucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehi [...]
Tether Slashes Commercial Paper Holdings by 21%

Tether Slashes Commercial Paper Holdings by 21%

The largest stablecoin issuer by total supply released its latest attestation report on Tuesday. www.coindesk.com [...]
Tether slashes commercial paper by 21% in latest reserves attestation

Tether slashes commercial paper by 21% in latest reserves attestation

USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one fifth between September and December last year, droppin [...]
Peloton slashes full-year outlook as company replaces CEO, cuts jobs

Peloton slashes full-year outlook as company replaces CEO, cuts jobs

Peloton on Tuesday slashed its financial outlook for the full year after the company announced CEO John Foley will be stepping down, as part of a broa [...]
Peloton freezes hiring after it slashes its forecast and shares drop 35%

Peloton freezes hiring after it slashes its forecast and shares drop 35%

Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California. More people are turning to Peloton due to sh [...]
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