Bitcoin finance firm NYDIG quietly laid off around 110 people, or roughly one third of its employees, in September, The Wall Street Journal reported . The cuts came less than two weeks before the company announced its CEO Robert Gutmann and President Yan Zhao were stepping down. The roles will be filled by Tejas Shah, who previously led the company’s institutional finance unit, and Nate...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors

Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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