Oil trades higher on Israel-Lebanon conflict: Brent, US WTI hit two-week high ahead of OPEC+ verdict | Stock Market News

Oil trades higher on Israel-Lebanon conflict: Brent, US WTI hit two-week high ahead of OPEC+ verdict | Stock Market News

Source: Live Mint Oil prices rose slightly on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts this week while heightened geopolitical tensions continue to dominate market sentiment. Brent crude futures rose 38 cents, or 0.5%, to $74.00 a barrel by 1428 GMT, while U.S. West Texas Intermediate crude futures were up…

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Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures | TheSpuzz

Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures | TheSpuzz

Source: Bitcoinist On Monday, Foundry, the world’s largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company’s headcount from over 250 to around 80-90 employees. Foundry Focuses On Core Business…

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