Coinbase Cuts 14% of Workforce, Targets Leaner AI-Era Model
Key Takeaways: Coinbase will reduce its workforce by about 14%, affecting roughly 700 employees. Restructuring costs are estimated at $50...
Employees
Paxos Labs Amplify Pushes Built-In Yield Into $1B Toku Payroll Platform
Key Takeaways: Paxos Labs Amplify integrates with Toku, letting employees earn yield on USDC, USDT, and USDG the moment pay...
Illinois Governor Bars State Employees From Insider Bets on Prediction Markets
Key Takeaways: Illinois EO 2026-04 bars state employees from insider wagers on Kalshi, Polymarket, Crypto.com. Illinois Gaming Board has issued...
Binance’s UAE Haven Tested By Iran Strikes — Should BNB Traders Be Worried?
Binance is offering temporary relocation to employees based in the United Arab Emirates (UAE), as the Iran conflict rattles the...
Binance Relocates UAE Staff Amid War Tensions
Binance is relocating employees from the UAE to Hong Kong, Tokyo, Kuala Lumpur, and Bangkok after escalating war-related disruptions in...
Trump to pay DHS employees; Iran drafts hormuz protocol with Oman
Trump will sign an order to pay DHS employees during the Democrat-led shutdown. Iran is working with Oman on a...
Plume Pilots Tokenized Payroll Using Wisdomtree’s WTGXX Fund
CryptoIt allows employees to receive part of their salary in a tokenized money market fund instead of cash.WTGXX is a...
Crypto Pump‑And‑Dump Era Ends Here? Why DOJ’s New Indictments Should Scare Market Makers
The U.S. Department of Justice (DOJ) charged ten senior staff and employees at four crypto “market‑making” firms with running fraudulent...
Meta cuts 700 jobs as it dangles up to $921 million for top executives in AI push
Meta laid off about 700 employees on Wednesday, with cuts concentrated in Reality Labs as well as parts of recruiting,...
OpenAI targets 8,000 staff as AI competition heats up
OpenAI plans to almost double its workforce to about 8,000 employees by year’s end as it ramps up its enterprise...
Crypto.com cuts 12% jobs, bets big on AI
Crypto.Com has laid off about 12% of its workforce, cutting roughly 180 jobs from its 1,500 employees, as it shifts...
Jack Dorsey’s Block brings back a few workers after mass layoffs
At least four Block employees have rejoined the company after being cut during the firm’s sweeping workforce reduction in February....
Elon Musk removes more xAI founders during restructuring ahead of potential IPO
Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace...
OP Labs cuts 20 employees as Ethereum L2 developer narrows strategic focus
OP Labs, the development company behind the Ethereum layer 2 network Optimism, has let go of 20 employees as part...
Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook
Block, Inc. will cut more than 4,000 employees, reducing its workforce by nearly half as the company restructures around artificial...
