On January 7, Bridgewater, the world's largest hedge fund, cut 7% of its workforce on Monday in an effort to keep the company's organizational structure lean and ensure it can hire top talent flexibly, according to a person familiar with the matter. The cuts affect about 90 employees. The company's current headcount has returned to 2023 levels and will continue to hire selectively, the person said. A spokesperson for Bridgewater said, "For the past three years, Bridgewater has focused on growing...
Vitalik Buterin, co-founder of Ethereum, said that the streamlined Instruction Set Architecture Compute V (RISC-V) is an important part of the Ethereum Virtual Machine (EVM). Buterin pointed out that the open-source Instruction Set Architecture is crucial in the existing roadmap for formal verification of proof of validity.