Categories Finance

US March Challenger layoffs 275.24k vs 172.02k prior

US-based employers announced a surge in job cuts last month, with the number of planned layoffs rising by over 60% compared to February to 275,240. That’s the highest level since the recession during the pandemic as the DOGE impact continues to reverberate. Challenger notes that there were 497,052…

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Categories Finance

Bybit Beefs Up Asset Security Following $1.45B Hack

Cryptocurrency exchange Bybit, which was hit by a $1.45 billion hack six weeks ago, has teamed up with Zodia Custody to beef up its security offering for institutional clients. Backed by a troupe of heavyweight traditional finance (TradFi) companies including Standard Chartered, Zodia offers segregated custody and off-venue…

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