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About MBET

Cryptocurrency is rapidly expanding into the Metaverse. We envision our polished platform as the leading Metaverse casino. Picture yourself as a poker player sitting across the table from your favorite celebrity. We intend to bring life to a professional, trustworthy and user-friendly virtual platform.

MetaBET (MBET) is a cryptocurrency launched in 2022. MBET has a current supply of 100.00M with 0 in circulation. The last known price of MBET is 0.00603982743 USD and is -0.00044703147 over the last 24 hours. It is currently trading on active market(s) with $3,949.61 traded over the last 24 hours. More information can be found at http://metabetcasino.net/.

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MBET Price Statistics
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Updated Jun 14, 2024 6:40 am
Mkt Cap $0
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Paxos Reduces Workforce By 20%, Focuses On Tokenization And Stablecoins
Paxos Reduces Workforce By 20%, Focuses On Tokenization And Stablecoins
According to CryptoPotato, Paxos, a company known for issuing stablecoins, has reduced its workforce by 20%, resulting in a loss of 65 employees. This information was revealed in an internal email. Charles Cascarilla, the CEO and co-founder of Paxos, stated that this reduction would enable the company to seize future opportunities in the stablecoin and tokenization sectors. The company plans to discontinue some of its services to concentrate on these areas. The affected employees were offered three months of subsidized health insurance, outplacement support, 13 weeks of severance pay, and a two-year extension to exercise vested options. Employees participating in a quarterly incentive program will receive bonuses for the second quarter. Those on approved parental or medical leave will receive certain payments and benefits. Following these layoffs, Paxos' workforce now ranges between 200 and 300. Despite the layoffs, Cascarilla confirmed that Paxos is in a strong financial position, with over $500 million in its balance sheet. He took responsibility for the decision, expressing regret but emphasizing the opportunity ahead in tokenization and stablecoins. The layoffs at Paxos follow a similar move by crypto payments infrastructure company MoonPay, which recently let go of 10% of its workforce due to overinvestment and a high-cost structure. In related news, Paxos' United Arab Emirates branch recently launched a new yield-bearing stablecoin, the Lift Dollar (USDL). The USDL is designed to distribute the yield generated from its reserves to eligible wallet addresses daily.
Jun 14, 2024 6:30 am

Frequently Asked Questions

  • What is the all-time high price of MetaBET (MBET)?

    The all-time high of MBET was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of MetaBET (MBET) is 0. The current price of MBET is down 0% from its all-time high.

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  • How much MetaBET (MBET) is there in circulation?

    As of , there is currently 0 MBET in circulation. MBET has a maximum supply of 100.00M.

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  • What is the market cap of MetaBET (MBET)?

    The current market cap of MBET is 0. It is calculated by multiplying the current supply of MBET by its real-time market price of 0.00603982743.

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  • What is the all-time low price of MetaBET (MBET)?

    The all-time low of MBET was 0 , from which the coin is now up 0%. The all-time low price of MetaBET (MBET) is 0. The current price of MBET is up 0% from its all-time low.

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  • Is MetaBET (MBET) a good investment?

    MetaBET (MBET) has a market capitalization of $0 and is ranked #6769 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze MetaBET (MBET) price trends and patterns to find the best time to purchase MBET.

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