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Coinbase Cuts 14% of Jobs, Citing ‘AI-First’ Restructuring

Coinbase is cutting approximately 14% of its workforce, a move CEO Brian Armstrong linked to a crypto "down market" and a pivot towards an...

Bankers Say Stablecoin Yield Ban Draft Has Flaws

Major U.S. banking groups have publicly opposed the latest draft of the Clarity Act's stablecoin yield clause, arguing it fails to achieve its intended...

PayPal to Use AI, Cut Costs, Save $1.5B Under CEO Lores

Paypal CEO Enrique Lores announced a major initiative to use AI for cost savings and product improvements.The company targets over $1.5 billion in gross...

Ras Al Khaimah free zone launches first onchain business IDs

Innovation City in Ras Al Khaimah has launched the first blockchain-based digital business identity system for its registered companies.The system issues a sovereign, cryptographically...

ScarCruft Hacks Game Platform in Espionage Attack

The North Korean ScarCruft hacking group compromised a video game platform to deploy the BirdCall backdoor, targeting ethnic Koreans.This supply chain attack, ongoing since...

Couple’s Parking Lot Burrito Shed Nets $2.3M

A California couple generated $2.3 million in sales from a burrito cafe they launched in a Home Decor parking lot in 2021.Their success was...

ARK Buys Shopify Ahead of Earnings, AI Focus

Ark Invest purchased over $9.2 million worth of Shopify shares ahead of its Q1 earnings report.Shopify reports earnings Tuesday, with analysts expecting revenue of...

Aave moves to block law firm’s freeze of Kelp DAO exploit funds

DeFi giant Aave filed an emergency motion on Monday in a New York court to block a law firm's attempt to freeze 30,766 Ether...

Latest news

ImmunityBio founder touts sepsis trials, NantX after Binance theft

Patrick Soon-Shiong renewed his “NantX coming soon” teaser after a $6.3 billion Binance theft, spotlighting a separate financial-services venture.ImmunityBio...

Crypto.com Shuts Hong Kong App, Eyes Institutional Exchange

crypto.com will shut down its consumer app in Hong Kong on Feb. 1, 2027, citing regulatory changes.Affected users have...

Kim Yo Jong denies North Korea behind Binance hack, hints US

Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack and rejected the FBI's attribution of...

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