Block Cuts 4,000 Jobs in AI-Driven Restructuring
Block Inc. lays off nearly half its staff - 4,000 people. Jack Dorsey bets on AI. Company stock surged 24% on the news.
News - Page 54
Nvidia Smashes Records - Crypto Market Surges
Nvidia reported record revenue of $39.3B. Bitcoin bounced 9% from lows, altcoins posted double-digit gains as markets rallied.
Tether Invests $200M in Whop
Tether invested $200 million in marketplace Whop with 18.4M users. USDT payment integration and plans for a Tether Card.
Ethereum Foundation: 7 Hard Forks by 2029
Ethereum Foundation published a strawmap - a plan for 7 hard forks by 2029 to achieve 10,000 TPS, second-level finality, and quantum resistance.
Mastercard hires Director of Crypto Flows
Mastercard has opened a Director of Crypto Flows role to launch stablecoin cards and integrate DeFi payments across its 150 million merchant network.
Ethereum Foundation begins staking 70,000 ETH
Ethereum Foundation has started staking 70,000 ETH from its treasury. Initial deposit of 2,016 ETH made. Rewards will fund research and grants.
Meta's stablecoin comeback via Stripe
Meta plans to integrate stablecoin payments via Stripe into Facebook, Instagram and WhatsApp in H2 2026, reaching 3 billion users worldwide.
SEC Appoints Chainlink Lawyer as Crypto Counsel
Taylor Lindman from Chainlink Labs became chief counsel of SEC's Crypto Task Force. What this appointment means for crypto regulation in the United States.
Gemini Cuts Staff and Exits International Markets
Crypto exchange Gemini lays off 200 employees and exits UK, EU, and Australia. Reasons, consequences, and outlook for the Winklevoss twins' platform.