"Burns, layoffs, and expansions" April 18th, 2020

Today's blockchain and cryptocurrency news

Bitcoin is up slightly at $7,112
Ethereum is up 2% at $174
and XRP is up 1% at 19 cents

Those are your leaders by market cap

Top gainers in the last 24 hours:
Digibyte up 28%
Loopring up 24%

Todays headlines:

Switzerland based crypto firm Finance AG raised a 14.5m series B to expand into Asian markets.

Binance has completed its 11th quarterly burn of its BNB tokens

The crypto custody firm BitGo has laid off 12% of its workforce

Mining gear manufacturer MicroBT is launching 3 new bitcoin miners.

• Bitmicro leads the industry into the 3X era
• Crypto custody firm BitGo has laid off 12% of its workforce - The Block
• After record Q1, Binance has cumulatively burned 10% of BNB's supply - The Block
• Swiss crypto asset manager raises $14.5M Series B to expand into Asia - The Block