Tag: slashing
EigenLayer to begin ‘slashing’ restakers in April
EigenLayer plans to start “slashing” restakers on April 17, resulting in the Ethereum restaking protocol’s “first feature-complete iteration,” it said [...]
DOGE proposes slashing Internal Revenue Service staff by 20%
The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service’s (IRS) workforce by 20% in a change expec [...]
Musk’s Slashing of the Federal Budget Faces Big Hurdles
The so-called Department of Government Efficiency, with Elon Musk as co-leader, has advantages that past budget-cutters did not, but laws and court ch [...]
Mynaric MYNA stock tanks after slashing revenue guidance, CFO exit
A rendering of the company's laser communications system on satellites in orbit.MynaricSpace stock Mynaric tanked in trading Tuesday after the company [...]
Army Is Slashing Thousands of Jobs to Focus on Russia and China
Recents events suggest that the U.S. military will face challenges in the Middle East for years to come, even as it tries to shift priorities.
www.ny [...]
ICE Considers Slashing Detention Capacity Because of Budget Shortfall
The agency has circulated a money-saving proposal after Republicans in Congress blocked a bill that would have provided billions in funding.
www.nyti [...]
Lido Finance discloses 20 slashing events due to validator config issues
Ethereum staking protocol Lido Finance has disclosed its protocol saw 20 slashing events due to a series of infrastructure and signer configuration is [...]
Robinhood not giving up on crypto despite Q3 crypto revenue slashing 12%
Crypto and stock trading platform Robinhood highlighted lagging cryptocurrency revenue in the third quarter of 2022, though the results will do little [...]
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
The end of Stronghold's deal with Northern Data will eliminate all profit sharing obligations, which it estimates would have been $10 million-$25 mill [...]
If Ethereum Starts Slashing, It Burns
A move to penalize "bad actors" would make ether as politicized as fiat currency, says Nic Carter.
www.coindesk.com [...]
New Tether Auditor Confirms Slashing of Commercial Paper Holdings
Stablecoin issuer Tether has cut its commercial paper exposure to $8.6 billion, with a reduction to $200 million on track by the end of the month.
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Peloton slashing 780 jobs, closing stores and hiking prices in push to turn profit
Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking prices on some equipm [...]
Walmart lays off corporate employees after slashing forecast
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New JerseyVIEW press | Corbis News | Getty ImagesWalmart confirmed on Wednesday t [...]
Robinhood Slashing Nearly One-Quarter of Workforce
Robinhood's job cuts come after the brokerage slashed 9% of its headcount in April to streamline costs and combat the market rout.
www.coindesk.com [...]
Cash-rich states are slashing taxes amid revenue windfalls
Anchiy | E+ | Getty ImagesAnd this year, at least a dozen states have made cuts or are eyeing reductions, including both temporary and permanent measu [...]