Payment processing firm Stripe is cutting over 1,000 jobs, or 14% of its staff. Separately, Dapper Labs, the creator of NFT marketplace NBA Top Shot, is laying off 22% of its staff, citing the "macroeconomic environment." "The Hash" panel discusses the latest developments amid headcount reductions across the industry.
OpenNode is partnering with fintech firm Stripe to allow merchant customers to instantly convert all or portions of incoming payments to bitcoin. OpenNode Head of Strategy Josh Held shares insights into the launch, consumer demand from around the world, and the potential obstacles ahead.